Accept a time-sensitive job offer right now or wait to see if you'll get severance?
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I’d accept the new role but ask for a later start date. Sept 23 for example. If you are LR’d remember during those 2 months of “garden leave” you aren’t expected to work so just check email and WebEx once a day. Collect your severance package!
Four letter: gtfo
While no job is guaranteed, if you are excited for the new position, i think it’s worth taking the new job just for piece of mind.
The job market is dreadful. If you are leaving Cisco anyway, take the new job. Your happiness is worth a great deal. If you are on the LR list, you are leaving some money on the table BUT part of that is just time on the payroll where you can't do any work and you can't really leave. Past LR's have had two exit dates. If you leave on any date other than the proscribed exit date, you leave the package behind. Also, I know several people that were LR'd the last go round and now 6 months later they are still looking for jobs. Look at it this way, you wait for the package, the job you found is gone. You spend the package supporting yourself while you look for another job that may not be as good as the one you have already found.
Do not be overconfident and assume you will always get another decent job offer.
correction:
Years 10-19, 1 week for every year
Years 20+, 2 weeks for every year
How many years have you been at Cisco? Packages offered in April were 4 months + time of service scale. For example, for 5 years service = 5 months + 1 week severance.
Other best is idea is do moonlighting.. Work for both jobs remote for a month and apply all your leaves at Cisco. Can't miss the severance package, if future applicable to you.
You should immediately take the time sensitive job offer don't risk it for severance which you may or may not get. Getting a job right now is very difficult.
Get out now!
Accept the job, push out start date say u have longer notice. Then choose.
Accept the job offer and stick around for a month (people at Cisco won't be doing too much for the next month anyway).
If you need to explain it to the new company, tell them you had to wrap up some projects at Cisco and didn't want to leave your team hanging.
@cpf+1u6cRoTI definetly! I had a call with a well known tech headhunter, and he strongly advised me against joining a tech company where the main revenue comes from infrastructure/hardware, like Cisco, Lenovo, Dell, HP, and so on. He said these companies are headed for price wars, which will likely lead to shrinking salaries and, of course, more layoffs.
How do you see the Data & AI field? Still massively growing or is the bubble bursting?
Browse R/Overemployed, if you dare.
accept and prolong the start date as long as possible. On Sept 17 if not affected, resign.
This is your sign that it is time to move on. Fly and be free.
Easy… take the new job and save your sanity and overall wellbeing.
It depends on your role and business unit, but you could request a later start date to see if you're affected. You can always step back afterward if needed.
Tough call, I would go with a growing industry. This one is going to be an elephant graveyard for a while.