Friends, the bad news is less than 24hrs away. Cisco will announce a massive layoff like never been seen before. The Q4 numbers look very miserable. To keep investors happy, Cisco will take "some tough medicine". You will get your 1:1 invite before the end of the day after the earnings announcement.
Nobody is safe except Chuckie and his minions.
18 replies (most recent on top)
Why do people feel the need to troll like this?
Did you get fired ?
Exceptional 4th quarter and yearly results with best bonus in 20 years. Don't you hate these fear mongering clowns that post this nonsense!
did the shoe drop yet? is cisco closing?
Yup. Terrible day. Scheduling emergency 1:1s with my reports to talk about all this.
I mean, the part where you’re an a--clown troll.
What a clown
This aged well. 😆
I told you the OP had a few too many drinks before posting
Well, this didn't age well...
We just hired several new sales people and engineers in the org i work in. Yes we let go of some account managers at the end of FY23 but that always happens to poor performers at the end of the FY. Seems were hiring more and not letting people go at this point
You always wait for the shoes and never sleep.
Define miserable numbers? I think you’ll be strong all the way around except maybe bookings.
200 reqs is no where near a 5% reduction.
@stc+1o7x5K6c you must be new at Cisco. Those are dummy postings to collect resumes.
There is over 200 new req's open and opening for new sales positions. The numbers were not that bad.
Cisco will announce a massive layoff like never been seen before.
Between employees and contractors Cisco laid off 27% of its workforce in the 2001 layoff. Since you didn't limit the "never been seen before" to "at Cisco" a Forbes article shows Twitter having lost 76% of their employees. In what way will this be like nothing ever seen before?
Looks like the OP has had one too many drinks
I don't think you can ever prepare for this sh-t.
RTP and SJC will get hit the hardest, I am mentally prepared this time around. Godspeed.