One lesson I have learned from the past, dont live fear and hope to ride it out.
Update your resume asap, and begin looking. In hindsight, it is better to be layed off in the first round, and look for work before the market saturates. Before the local housing prices crash. Etc
The Cisco never stop. Chucking coming in Asia to have more meeting before next round. He always coming.
The rumors stated up to 20k is possible number to be cut , I guess base on business calculation. I think investors controlling the company
LRs began last August. There were others in Nov, Feb, and Apr. They were under the Wall Street radar.