It's a never ending cycle. Do not stay at Cisco if you're concerned about layoffs. It's the only tool Cisco's leadership team knows how to use to make the books look decent at the end of the quarter.
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According to the November 10-Q
"We expect the plan to be substantially completed by the end of the first quarter of fiscal 2024."
Thanks to Cisco's choice of fiscal calendar I guess that means the rebalancing will be done by Nov 1st 2023. This will be just in time for a new LR announcement which they will say is due to something else (e.g. recession).
Not yet. It takes a long time to cut the cheese.
Sales will come either this Friday 1/27 or certainly before the sales all hands call on 2/2.
Look for the enterprise segment to have a re-org down to 3 areas....commercial hits in the east. PSS org to be hit pretty hard.
WAY NOT DONE. More to come. Q3.
110%. Chuck wouldn't lie.
By the time the next round is announced ;)
this has got a while to run yet because the senior leadership couldn't get their acts together, probably too busy having a wonderful Christmas
They are not done. UK, Europe, Sales etc. are yet to happen.