Thread regarding Cisco Systems Inc. layoffs

Any news on the package?

Any news on how the package is going to be?

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Post ID: @OP+1uprtaH7

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Absolutely not. Although you can look at it as a global minimum.

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Post ID: @2wpw+1uprtaH7

Is the package the same globally?

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Post ID: @2uau+1uprtaH7

Standard stuff Charlie. 1x week for 10+ and 2x weeks for 20+ years.

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Post ID: @1zzk+1uprtaH7

Lol you won’t get unvested RSU unless you’re an exec.

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Post ID: @vzb+1uprtaH7

Your job is essentially to find another job.

But there will not be any jobs available to apply due to freeze.

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Post ID: @eyk+1uprtaH7

They announced it to be 2 months where you get paid your full salary and are fully employed but don't do any work. Your job is essentially to find another job. After that, your package is 4 months of pay + cobra, and possibly RSU that was not vested.

It sounds really good, and I'm keeping my fingers crossed that is true because it will be quite a bit of money for me.

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Post ID: @mjg+1uprtaH7

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