Thread regarding Cisco Systems Inc. layoffs

Current $ Payout?

An old co-worker called me today, he himself who was LR'd years ago, and told me our friends in our original group were being notified. He said they told him that Cisco is NOT currently offering a LR package.

Is that accurate? If so; SORRY, and very lame.

I was LR'd seven years ago and walked with almost a years pay (including bonus and options) after seventeen years. Felt like that was very realistic.

If that is not happening now, I truly feel sorry for those that have waited and have long term blue status.

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Post ID: @OP+1ri16QSg

5 replies (most recent on top)

LR packages are happening just fine. Normal. Have to spend that $800M somewhere.

For MM :)

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Post ID: @2neg+1ri16QSg

you maybe confused with ER(Early Retirement). LR package was always offered.

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Post ID: @2mus+1ri16QSg

LR packages are happening just fine. Normal. Have to spend that $800M somewhere.

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Post ID: @1yev+1ri16QSg

Not true

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Post ID: @1sby+1ri16QSg

First I've heard of that. Very doubtful.

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Post ID: @qol+1ri16QSg

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