Thread regarding Cisco Systems Inc. layoffs

August 2016

Notifications to people are will go on August 18. no one knows the exact number but i guess it will be announced in the August 17 conf call (word is some teams will get obliterated, but all teams have a quota).

Add 5% to that as usual (bottom 10% performers). as usual, experienced (older) contributors will be decimated. it's morally bankrupt, but entirely legal.

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Post ID: @OP+IApmyLl

8 replies (most recent on top)

100% - trust wordy leak

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Post ID: @bvaz+IApmyLl

Historically didn't people get notified the week before results were released?

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Post ID: @2qlu+IApmyLl

Maybe not "done" but at least announced before or during finance call. Need to expose anything big to finance community. This sounds bigger than last years slow rolling LRs which they didn't have to announce. Could be any time in next three weeks. Tuesdays and Wednesdays are popular.

ER seems unlikely unless it is announced soon cause ER is a slow process by law.

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Post ID: @2hgc+IApmyLl

18th Aug is the result day so its natural all the things would be done before that.

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Post ID: @2zhl+IApmyLl

Aug 9th? You been told that for definite or is that a guess?

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Post ID: @1toz+IApmyLl

August 9

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Post ID: @1erl+IApmyLl

whatever is the date..08/17 or 08/18....it is close to coming soon...all will know soon....just a matter of 3 weeks more now...

I can feel it in the air within buildings, layoffs are coming,...

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Post ID: @1gdq+IApmyLl

How sure are you and why the 18th

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Post ID: @1vmp+IApmyLl

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