Those seem to be the deciding factors in this LR. The higher any of those numbers, the higher the chance of being affected. It's not about performance at all.
10 replies (most recent on top)
Cisco's management has formally said it doesn't know what people do and doesn't want to, so they rely on dashboards which collect what's easy to measure, not what actually matters. People work to the dashboards as their real skills die and like the mythical frog in a pot don't know what's happening to them.
Its a game play. They must mixed some young folks to meet legal requirement.
I've been impacted 3 times in my 30+ career at Cisco. Each time I've gotten a spreadsheet of counts of LR'd employees by age. First time it was across the entire company, other times it was within my BU.
It was pretty clear that while a lot of older, presumably higher earning, employees were impacted, younger ones were as well.
it would be very difficult to make an age discrimination accusation stand up. This is why it takes weeks to put these LRs together. HR and legal put their ducks in a row before D-Day.
This was my exact scenario a couple layoffs ago. I was a high performer constantly getting RSU and put on high visibility projects. It came down my cost relative to my peers as my leader said it had absolutely zero to do with performance. Miraculously none of them were impacted. I’m sure my advocacy for my peers to receive raises and RSUs also didn’t help. I had actually been given another performance raise and stock grant a few weeks (8) previous. It wasn’t too long before almost all of my previous group was gone 2 years later with the last holdouts hit this time. Like many I came to Cisco via an acquisition that Cisco completely squandered. Ruined the reputation of our sales, product and support teams by not listening to global customers and trying to bully them. I was excited to join Cisco initially as they were a solid tech company during my formative years of my career. What a waste. Good luck to those impacted.
The first words out of my managers mouth was 'your job is impacted and it has nothing to do with your performance'. pause. I replied 'well what were the deciding factors'. pause. 'I am not at liberty to discuss that'. pause. Okay send me the details of my package. (thats all folks - that's how one of the most admired companies handles it)
What's your BU or group?
Also geographical locations matters.
My wife got LR'd last year. She turned down advances by her manager and got the axe after declining.
HR did nothing.
It’s usually not about performance (would make too much sense for Cisco). If the decision maker doesn‘t like you, you‘ll get the axe. Brown-nosing is key to navigate in the system Cisco.
I was impacted today, I’m pretty young, G8, I know a fellow team member was also hit, also pretty young. SUPER talented. Wishing you guys all the best.