Thread regarding Cisco Systems Inc. layoffs

So when is the next LR scheduled to begin?

From what was posted here on July 15 we will see the earnings.
What is going to happen after that ? How long till they tell us that there will be more LRs (like we don't know already) and how long till they start doing it ?

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Post ID: @OP+1t2tEHi1

7 replies (most recent on top)

  1. Earnings call: August 14, 2024
  2. Notifications sent shortly after earnings call.
  3. Exit date for those affected: October 2024

Same process every 6 months, which is why I’m looking to leave.

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Post ID: @gnio+1t2tEHi1

LR list is being worked right now, for October announcement. No one should be surprised with this twice annual rituals that shrinks people after rolling off folks from merger, but mainly Cisco folks that are seriously affected.

July fourth week is a mandatory week off at Cisco. So it is a perfect example of a calm before the storm. Hang in tight.

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Post ID: @fpbv+1t2tEHi1

lol, chill out a bit, you clearly don’t work for Cisco. Yeah, LRS happen more than we’d like, but it doesn’t happen after every bad qtr

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Post ID: @1qxt+1t2tEHi1

The first round of LR was in February 2024 and as Cisco has already announced the LR's will continue throughout 2024.

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Post ID: @flm+1t2tEHi1

Cisco Systems, Inc. (CSCO) is scheduled to hold its fourth quarter and full year earnings call for fiscal year 2024 on Wednesday, August 14, 2024, after close.

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Post ID: @xko+1t2tEHi1

Troll … earnings are not July 15. If you worked for Cisco you would know that.

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Post ID: @fxm+1t2tEHi1

I would say rather after impact. Why 15th July before FY end? makes no sense.

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Post ID: @vee+1t2tEHi1

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