Thread regarding Cisco Systems Inc. layoffs

UPCOMING LAYOFF MEGATHREAD

On May 17th, when earnings are announced, there will be another significant round of layoffs. More info to follow.

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Post ID: @OP+1myXswqA

37 replies (most recent on top)

XR being ki-led because XE is the future? 🤡🤡🤡🤡🤡 comment.

Did any XR image ever pass every test in the automated testing required before check in? The code wouldn't even build for months at a time with managers demanding everyone check in code without compiling it so the check in rate would keep the dashboard lights green. Bonuses for everyone!

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Post ID: @8bhj+1myXswqA

There was a $200M restructuring cost for Q4FY23 mentioned in notes under GAAP/NON GAAP EPS. Was this cost related to the original lot who had been laid off already or net new? That’s the question.

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Post ID: @7mgz+1myXswqA

No layoffs announced. So much ado for nothing.

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Post ID: @7qfa+1myXswqA

It looks like RTP being shut down again. They keep reopening and shutting it down.

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Post ID: @7pnu+1myXswqA

Hyper flexible did well this quarter and provided us with couple of merchandise and meal boxes too. The end looks near - RIP Springpot

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Post ID: @6wqt+1myXswqA

@6yid+1myXswqA Because no one else is d-mb enough to bother with blades.

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Post ID: @6xri+1myXswqA

All Hyperconverged is dying. Mainly due to cloud (AWS/Azure). But also customers (Cisco HX, Nutanix, Simplivity, etc.) have experienced a catastrophic outage during an upgrade or other failure. Bad enough to where they will never touch any Hyperconverged solution again with a ten foot pole. I haven't heard the CISG sales team say the word HX in over 12 months. Cisco is number one in blades though.

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Post ID: @6yid+1myXswqA

Cisco ki-ling UCS Hypertension data lattefoam

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Post ID: @5hyv+1myXswqA

I've said this before it sucks for the people who get impacted. It's horrible because it's always people with the most credible and best experience. In the end, Cisco customers are the ones being impacted also. Cisco's selling Services but not delivering upon them. They think they are, but customers don't see value in Cisco like they used to. The problem is we've gotten rid of so many people who provided the value. Now, it's delivered by PowerPoint versus the actual work. Tell the customer how good we're doing and convince them. We never needed to convince them before we just did the work, and they felt the positive impact. Now they just pay and we give them low-paid and low-skilled resources. All good people are put in a bad spot they just don't have the experience. If Cisco would just deliver on what it sells sales would increase and they wouldn't have to cut good people. The problem is the current leadership doesn't know our business and customers so they fake it. It's not a fake it until you make it because customers know they are faking it.

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Post ID: @5cmp+1myXswqA

DSE is just the random stuff that was left over and didn’t fit in the other orgs when JD took over. XR and NX are being deprecated since xe and click is the focus moving foreword.

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Post ID: @5cdb+1myXswqA

Could you elaborate what DSE stand here for at Cisco?

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Post ID: @5dca+1myXswqA

Mgr confirmed that DSE / XR-NxOS will be impacted with reorg, not aware of exact dates

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Post ID: @5ehv+1myXswqA

"Are that from reliable sources? I only trust reliable sources!"

Yet here you are on this incredibly unreliable source of random opinions.

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Post ID: @2afx+1myXswqA

Something is happening for sure as there are “performance” trainings popping up all over the place.
Another great example of leadership

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Post ID: @2egs+1myXswqA

Definitely happening. Not sure when, I presume they announce at earnings and start the next day. But the names have been in for several weeks.

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Post ID: @2leh+1myXswqA
I saw the list. Big!!
It’s not happening on 17th!! All eye on May 25th..
No longer May 25th, confirmed May 19th

Are that from reliable sources? I only trust reliable sources!

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Post ID: @2evb+1myXswqA
The fact is the Cisco ELT sees Meraki as the future platform in the cloud where all other systems will be managed (Cisco Networking Cloud) launched at SEVT and soon to be at Live.

How long was Cisco's dhcp relay "own the box" bug around on IOS? 15 years? Cisco isn't the only company trying this and its competitors have already had major breaches. I'd rather go without a network than have to leave my network open to any of the network equipment vendors.

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Post ID: @2iqm+1myXswqA

No longer May 25th, confirmed May 19th

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Post ID: @2kzu+1myXswqA

It’s not happening on 17th!! All eye on May 25th..

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Post ID: @1csv+1myXswqA

I saw the list. Big!!

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Post ID: @1gdy+1myXswqA

I have no insider information, but with all of the “performance” management training and stalled hiring sure seems suspect.

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Post ID: @1vnv+1myXswqA

They won’t be doing a haircut like this. The transformation team is being smart and surgical about it.

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Post ID: @1zih+1myXswqA

Stack ranking confirmed

  1. “Most critical”
  2. “Desire to retain” (bulk of ratings)
  3. Everyone else

Formulating who they absolutely can’t cut, might be able to cut, and can cut/PIP.

Though honestly except for Cisco I’ve been stack ranked my entire career. 🤷‍♂️

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Post ID: @1nhz+1myXswqA

Last round were mostly individual contributors. Next round will be managers, directors and above.

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Post ID: @1jjx+1myXswqA

I am a mgr in IT Department, we have been asked to identify 3 people from my team (Full Time Employees, not Contractors). The cut could be anywhere between 3K to 5K, but not more than that.
Sharing this as I am going to quit to join Tesla in May end. So don't have any fear to share here :-)

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Post ID: @1jdv+1myXswqA
100% incredible rumor

100% incredible humor :)

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Post ID: @1zeb+1myXswqA

With IT spending cuts, Cisco will cut its forecast because the Covid backlog is gone. Most likely drops another $5 in stock price and then cut 10% across the board. As usual US cut will be double.

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Post ID: @1ugy+1myXswqA

Heard the same from a director.

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Post ID: @1asq+1myXswqA

@1hah+1myXswqA The fact that you don't know that 5B a year is bigger than our entire Security portfolio annually tells a lot. The fact is the Cisco ELT sees Meraki as the future platform in the cloud where all other systems will be managed (Cisco Networking Cloud) launched at SEVT and soon to be at Live.

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Post ID: @1ggc+1myXswqA

@ust+1myXswqA The fact that you think that’s a lot of business says a lot.

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Post ID: @1hah+1myXswqA

100% incredible rumor

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Post ID: @1lcz+1myXswqA

Completely false. It’s a 5B business and growing 30% YoY with tons of net new customers and not cloud monitoring is being brought to Catalyst since DNAC adoption has been so poor.

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Post ID: @ust+1myXswqA

@qdn+1myXswqA Meraki is not the growth engine. It never performed as well as expected. But even at the slow growth rate (don’t be fooled by big percentages in top of tiny raw numbers) it has now plateaued. Customers don’t want it and sellers have no reason to push it. Since it hasn’t performed well it is being absorbed.

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Post ID: @rxx+1myXswqA

Meraki is fine. It’s the growth engine right now.

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Post ID: @qdn+1myXswqA

@aqd+1myXswqA Meraki cuts will be significant now that the acquisition actually being assimilated. It was fun free loading on the side for the last 11 years, but now it’s time to join the border company.

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Post ID: @iie+1myXswqA

Will this affect Meraki side?
Honestly looking at Cisco ops org, there’s so much fat to trim it’s insane it’s taken this long

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Post ID: @aqd+1myXswqA

It's 100% credible. Details are still being finalized. They will become known eventually

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Post ID: @iox+1myXswqA

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