Thread regarding Cisco Systems Inc. layoffs

Americas Sales Layoff Update

More Layoffs coming at end of FY. GES and Public Sector consolidation continues, while US Commercial is overhauled.

There will be an impact to ODs, RMs, SEDs, and SEMs. There will not be as many Operations and Regions.

For AMs, iACV makes a comeback which means you will not make any money. They need to reduce AMs by 8-10% which will be by attrition and LR. RB will not announce this until after FY.

For SAs, regardless of what RB and EK say, you are going to a pooled model in some form. They will not call it C2E or Agile TSA, but it will be the same principle. They will be reducing SA headcount by 10-15% which will be by attrition and LR at end of FY.

There has never been a darker time in Americas Sales than there is now.

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Post ID: @OP+1l4BH2pM

14 replies (most recent on top)

RB’s script reading was not laid off.

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Post ID: @3szw+1l4BH2pM

RB said she’s increasing the SE:AM ratio. She implied that meant hiring more SEs. What she probably meant was she’ll be reducing the AM count. Math is fun!

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Post ID: @1vfd+1l4BH2pM

The details are still being worked out, the target numbers and time line in OP are correct.

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Post ID: @1neg+1l4BH2pM

as a shareholder i welcome this news! get rid of the boondoggles too - yearly sales meeting in vegas, cisco live, top heavy management, what a waste of shareholder value

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Post ID: @1dit+1l4BH2pM

SAs are going into a hybrid pool engagement model in new fiscal year.

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Post ID: @1urf+1l4BH2pM

* "I heard from a trashy layoff site that its only 1 week severance and no PTO payout. sucks to suck!" *

Hehehehe, you must be joking. If Cisco ever tries to not payout my PTO, I aint leaving. I will call CNN, FoxNews, CNBC, CBS, MSNBC on Cisco.

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Post ID: @1mov+1l4BH2pM

I call BS on this post, like many of the posts on this site.

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Post ID: @1gyo+1l4BH2pM

I heard from a trashy layoff site that its only 1 week severance and no PTO payout. sucks to suck!

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Post ID: @1hyn+1l4BH2pM

about time, cisco americas sales has been bloated for years and years. good at buying drinks that's about it

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Post ID: @uqz+1l4BH2pM

Is 2 weeks pay a serious answer? Seeing 3 months, or 2 + 4 months elsewhere on this board.

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Post ID: @yae+1l4BH2pM

Cisco is in major consolidation mode and expect will have half the employees 24 months from now through a combination of layoffs and resignations

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Post ID: @lqb+1l4BH2pM

no severance this time around. two weeks pay and you're out. confirmed.

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Post ID: @fgf+1l4BH2pM

Anyone know what the severance package will look like for those impacted?

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Post ID: @eom+1l4BH2pM

The only accurate part here is that managers and directors will be cut. Their span of control is ridiculous. Why would a director have two or four reports? Or exist at all?

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Post ID: @cnt+1l4BH2pM

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