Thread regarding Cisco Systems Inc. layoffs

LR Date Feb 15th?

From speculation, it seems that the announcement will be the day after earning call. Does that usually happen based off of previous LRs?

by
| 3939 views | | 3 replies (last ) | Reply
Post ID: @OP+1qS5muZ2

3 replies (most recent on top)

That’s true they like to LR people in the U.S before end of quarter, if this quarter ends January 27, many will get LR between January 10th to January 20th.

Many people already got LRed around January 16. They always do that to refer to “this LR” was due to last year or last quarter’s bad numbers , not this year or this quarter’s bad numbers. Very tricky and cover-up of running business to impress Wall Street.

by
| | Reply
Post ID: @5cry+1qS5muZ2

depends on country - I've already heard some in the US being let go before earnings

by
| | Reply
Post ID: @5qoo+1qS5muZ2

Nope.
Earnings in Aug 23 and Nov 23.
LRs notified in Oct 23.

by
| | Reply
Post ID: @ncv+1qS5muZ2

Post a reply

: