Thread regarding Cisco Systems Inc. layoffs

Do affected/laidoff employees get bonus ?

will they get it or not ?

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Post ID: @OP+IWDWYsB

8 replies (most recent on top)

You are eligible, but they can lower of IPF (inidividual performance factor) as they want. So you may for example get only 10% of what you would get normally. Really depends on manager

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Post ID: @1xjz+IWDWYsB

Yes, you are eligible for bonus.

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Post ID: @nei+IWDWYsB

Yes - this is why they wait until after the quarter.

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Post ID: @juz+IWDWYsB

I was informed I will get my bonus.

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Post ID: @eys+IWDWYsB

Don't know about the bonus but you'll certainly get the boner

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Post ID: @xfx+IWDWYsB

Eligible.. Got official confirmation message from manager and hr

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Post ID: @cuk+IWDWYsB

They do get the Bonus paid because, the last paycheck will be in late October and the bonus is paid out prior to that time. Cisco is good about it. If the person was not in the bottom 5%, you get the bonus

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Post ID: @xkz+IWDWYsB

No

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Post ID: @bpo+IWDWYsB

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