Thread regarding Cisco Systems Inc. layoffs

Canada package

Does anyone have information on the exit package in Canada? Lots of posts about the US but not much with Canada

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Post ID: @OP+1u6Z1jOY

8 replies (most recent on top)

You get a month of molsen gold and new toques with the cisco or splunk logo. Be gone, ehh.

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Post ID: @1nfl+1u6Z1jOY

"@qzf+1u6Z1jOY so if one worked for 7 years they get 7 months of severance ?"

Just ignore him, he is saying they cut his medical support, that must have affected his brain

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Post ID: @jsq+1u6Z1jOY

@qzf+1u6Z1jOY so if one worked for 7 years they get 7 months of severance ?

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Post ID: @sjd+1u6Z1jOY

4 weeks working notification - didn’t have to do any work but could “theoretically” use that time to find an internal position. After last day, received 1 month for every full year of Cisco employment (these months were subtracted from the 12 months of eligible EI benefits. 6 months of outplacement support; medical benefits terminated 4 weeks after notification date

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Post ID: @sno+1u6Z1jOY

You’ll freeze your package off up there in the Great White North!

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Post ID: @ziq+1u6Z1jOY

According to last LR ( Feb 2024), Employee got 2 months paid in lieu of just applying for Internal jobs & claim govt EI benefits for 10 months.

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Post ID: @qzf+1u6Z1jOY

They are moving to low cost centers. I expect more hiring in Canada.

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Post ID: @ojg+1u6Z1jOY

Everything is closing, no package.

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Post ID: @rma+1u6Z1jOY

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