What's the worst thing that can happen if you don't give any notice? I'm so tempted to do it, but I have this feeling that I might be shooting myself in the foot even though I can't figure out how. It's not as if they can fire me and I have no intention of ever returning to Cisco. Am I missing something?
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Just quit when you want to. Give yourself enough time to get your stuff in order and return Your laptop etc. two weeks notice is old school thinking
In a professional environment, where you have access to a company's proprietary data, most likely they'll accept your 2-weeks notice and escort you out the door as soon as they've verified that someone has access to any systems you have, has the passwords of any generic user accounts you have (hopefully so they can change them, and not because they're worried about losing access to any systems), and that nothing critical will die in the next 2 weeks.
Give your notice and get to keep the 2-weeks pay, plus your accrued PTO.
Now, on the other hand, I worked at a small company prior to Cisco that did not "accrue" PTO and gave everyone 15 days at the start of the year and didn't roll it over. When I decided around Nov that I wanted to leave, I found a new job w/ a start date of mid Jan, took all my remaining PTO at the end of Dec and gave my notice on Jan 3. They kept me around for 4 days before telling me that I was no longer needed and paid me for the remainder of the 2-weeks notice.
I would say, since Cisco and other companies don't really give us notice any more, they don't really deserve to receive notice either but as someone mentioned, it's a small world and with LinkedIn and whatnot, hiring managers can generally find out how you left a company and if you burned bridges instead of leaving as a class act, it gets around and hurts you. I know I don't want to have someone join my team that dumped a bunch of sh-t on their co-workers as they bolted out the door, so if I know about it, you can bet your a$$ I'll be telling my leader as much just to keep you from doing the same to me when you leave again.
Is this Chuck asking the question?
I would ride out the two weeks. Consequences can include forfeiting any accrued PTO, a will not rehire note on your file that can cause headaches with background checks, prospective employers learning from their contacts that you left without notice.
I would coast the last two weeks and do the bare minimum.
Why quit for free when Cisco can pay you to leave via an LR?
You will be surprised who knows people at other companies. Trust me, it can make it break your career.
Don't burn bridges if you can help it. You want people to remember you as a class act, not as a jerk. That you don't know this says a lot already.
2 week is a courtesy. You'd just be burning bridges. Employment is generally at-will.