Thread regarding Cisco Systems Inc. layoffs

August 13, 5% jobs cut to complete FY26

Around 4k employees have to go, the last day is October 12.


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Post ID: @OP+1kwseanvj

9 replies (most recent on top)

@c2 what makes you think that they won't just add more money to the layoff budget if they think they need less employees?

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Post ID: @e6+1kwseanvj

@dd hollywood is and was very overpaid. Not much difference

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Post ID: @e5+1kwseanvj

We're not falling for this again. ELT will not ki-l moral and have consecutive EOQ LRs

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Post ID: @e3+1kwseanvj

@dy the scales do eventually balance. It's deserved. A high % who are in any "managerial" position (now the #1 at risk job) are narcissists and unethical. The stories range from severe ipv, perjury, adultery (vegas is a popular venue), fraud, to stealing company info or time or items, lying about credentials, hiring practices or promotions via nepotism or certain favors, the list is almost endless

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Post ID: @e2+1kwseanvj

@dd It didn’t help when, during covid, all the tech people acted so pompous with the “learn to code, bro” cr-p. Now the economy comes for tech, while rewarding blue collar and you want to act like there’s a problem.

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Post ID: @dy+1kwseanvj

Just imagine what these numbers will start to look like once the AI infra bo-m levels off...

It's crazy how politicians will lose their minds and make ranty speeches if 500 auto workers are laid off, but no one has said a word as 25k tech workers a month have been laid off for a while now, with no end in sight

We'll end up like Hollywood, most workers eventually taking "side gigs" and then realizing their "side gig" is now their "job"

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Post ID: @dd+1kwseanvj

@OP i suspect it'll be ~2K and another ~2K in feb. There is approx 550M set aside "for fy27". They might blow it all in Aug, but i bet the ELT waits 6m to finish off the 1B they allocated for May 13th and "fy27"

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Post ID: @c2+1kwseanvj

Op! It’s 2700! Don’t know where you are getting your numbers but it’s incorrect!

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Post ID: @b5+1kwseanvj

@OP confirmed now? When will the list have to be finalized and by which level of management?

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Post ID: @b2+1kwseanvj

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