Thread regarding Cisco Systems Inc. layoffs

Finished with my layoff call

Just finished with svp call. Last date is nov 15th . 4 months seperation pay. Rsu vests through dec 15th . Cobra payment
Nothing abt refunding essp funds but i am not worried

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Post ID: @OP+1ux2wpRM

10 replies (most recent on top)

How many extra weeks based on years in the company?

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Post ID: @cqu+1ux2wpRM

Yes you’ll get your bonus. I was impacted this morning and can confirm, layoff does not affect that.

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Post ID: @axn+1ux2wpRM

Safe to say impacted employees are still eligible for bonus? That's how it worked in Feb

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Post ID: @fve+1ux2wpRM

4 months pay at the end of the 60 day notice? Or does the 60 days count for half the pay?

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Post ID: @hbs+1ux2wpRM

ESPP will be refunded the 5 months you paid in to Nov. it will not complete the second half purchase. Feb LR here.

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Post ID: @spc+1ux2wpRM
I have a weird question. In next 2 months, if I plan to resign, will it be called resignation or still a layoff?

per the docs, if you leave Cisco before the separation date (voluntary or involuntary) you will not get any severance

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Post ID: @ezn+1ux2wpRM

what is cobra payment?

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Post ID: @qhk+1ux2wpRM

I have a weird question. In next 2 months, if I plan to resign, will it be called resignation or still a layoff?

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Post ID: @mnu+1ux2wpRM

Same here !! 8 am call well it was a webinar with half my team.. lasted 5 minutes
So cold and lack of emotional
Makes me sick!!!! Read yr email there is a payback written somewhere .. I’ll need to te-read it!!! I was really sad now I’m just mad. What a terrible way to tell ppl

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Post ID: @qqs+1ux2wpRM

Which team

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Post ID: @cwg+1ux2wpRM

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