Thread regarding Cisco Systems Inc. layoffs

"Some groups in Cisco have blanket POs for vendors. It should be mandated to have contractor names on SOWs else vendors and Cisco managers make adjustments by paying advance to vendors whenever they have surplus budget and adjust the resources when the budget is cut. Overall the vendor red badges stay with Cisco throughout the year"

What is more likely is lack of accountability or oversight by Cisco managers, leading to runaway rates for some red badges that end up misaligned to the original need, and the reality is more companies are looking at co-employment risk. When red badges stay there too long, they end up being/feeling/looking/being managed like regular employees, so they end up with a viable claim of co-employment. Re: SOWs, it's actually the opposite. No names should be on a SOW. It should be services, with either deliverables and milestones, or fixed price. The customer priority is the "what", not the "who" or "how many".

What I heard is that the way we contract work is changing. We will no longer hire contractors that show up in the directory and do the job of employees for a specific Cisco team.

Instead, we will hire a vendor who will manage the work contractors do. If you need work done, you will need to create a SOW and give it to a vendor who will hire people to do the work for you. I think Cisco is doing this because our leaders and managers have completely abused the outsourcing system and hired red badges without much accountability.

I also heard that this will happen at the beginning of Q2.

Some groups in Cisco have blanket POs for vendors. It should be mandated to have contractor names on SOWs else vendors and Cisco managers make adjustments by paying advance to vendors whenever they have surplus budget and adjust the resources when the budget is cut. Overall the vendor red badges stay with Cisco throughout the year

Shipping and receiving, Cafe staff, Gym and Health staff, Janitors, Security, Facilities staff, Labs and DataCenter staff, and countless other essential services that are mostly red badges. Good luck operating without these services. The only way you will reduce these costs is if Cisco sells more buildings.

As for my org this is 100% true

Funny rumor 🤣🤣

How its possible? I have good contractors than full timers. Full timers mostly concerned about their children, GC, h1b. Everytime 1on1 I spend 70% time discussing about the things which are not in my hand

Workplace resources is all red badges, you think they have blue badges plunging toilets and fixing HVAC issues? Security is all red.... etc etc

This helps the rogue managers to hide all the unwanted and contractors with no work crunching Cisco's free money. Cisco might also restrict the directory access so that these managers are less exposed :)

Do they release the cleaning contractors as well??

Onsight or onsite/onshore? Happy we will get more money in that case 🤡🤡