They announced layoffs in Nov 2022. Those layoffs kept happening company wide since May 2023. They claimed this was part of the the same LR announced in Nov 2023. Then, few months later, they announced LR again after Q4 and laid people off. That went around the company till Nov 2023. Then they announced LRs again. And that is now apparently to continue throughout calendar year 2024. In the mean while they can and will announce additional layoffs in Q4 for not meeting the numbers. In essence, the employees are living in continual high stress environment under threat if LRs since Nov 2022. This is because no one is actually sure any more when one wave of LR stops and another one starts. Europe watches layoffs happening in the U.S. and braces itself for the coming chop in the next couple of months. And no one actually works any more, they update their CVs and start to look for jobs.
This is SO demoralising and demotivating! This entire culture is hurting the company beyond comprehension . It’s not possible that the ELT so stupid that they don’t get it. Forcing employees to continually live under the threat of taking their livelihood away can never give a positive outcome. It’s a toxic, out of control, downward spiral.
Cisco ELT, regional VPs and SEDs have written the obituary of Cisco already. All for their own selfish career goals, RSUs , tone deafness to pleas of employees and no concern nor respect for the company or their teams.