Thread regarding Cisco Systems Inc. layoffs

The letter I have notes 12-14 days(not sure if that is business or regular days) after the document is received we should get our severance + COBRA payouts.

If you have been receiving paychecks electronically through your bank, they will do an automatic deposit, just as they have done in the past.

Hope this helps...

Thanks.

I beleive there is a 7 day waiting period in case you retract so at the earliest, if they receive it by the 19th, you should expect to get the money on the 26th.