Thread regarding Cisco Systems Inc. layoffs

Heard the number is closer to 12K

in 2020 at Oracle, they called it Oracle Lights out and let go most of the support personnel across the US, keeping only some east coast and west coast, they let go close to 10k. Office spaces were shut down, etc. Everything else was outsourced to Romania. Now Cisco has to drop 12k on Valentine's day... a bloody Valentine. I wonder if they are following Oracle's pattern. They tried real hard to keep it out of the press too. Good Luck. Saw this on an earlier thread...

Approximately 5,160 employees are impacted.
1-1s and team meeting invites are being sent out... Your managers have a 02/16 deadline to hand in talent assessments and/or PIP discussions. If impacted, starting 02/12 your work will be monitored (legally) until you're released. Severance package is not bad. Good luck in your next endeavor.

Several team members got a 1:1 for Thursday. No explanation, and unusual timing, so it's possible some invites are already going out.

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Post ID: @OP+1r2cZw8o

7 replies (most recent on top)

No only 4K layoffs from traditional cisco.
Please stop fake news and spreading rumors

Only 4K bottom performers will be let go

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Post ID: @1hay+1r2cZw8o
In 2013 the LR'd 11k at the end of fiscal year. So certainly more than 10% is possible.

If your facts are correct I don't understand the down votes. In 2001 Cisco went from 48,000 employees and contractors to 35,000 which is just over 27%.

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Post ID: @1elf+1r2cZw8o

20,000 this round with add back of a few thousand splunkers when deal closes

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Post ID: @1ytr+1r2cZw8o

In 2013 the LR'd 11k at the end of fiscal year. So certainly more than 10% is possible.

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Post ID: @1att+1r2cZw8o

This post just combined parts of previous posts that have no actual information

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Post ID: @1jxt+1r2cZw8o

It’s 7.5 * 12,000 - x, if Cisco is closing how much is x?

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Post ID: @1tec+1r2cZw8o

I also heard the number being between 10-15% of staff which equals to 8-12k people

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Post ID: @1ysr+1r2cZw8o

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