Thread regarding Cisco Systems Inc. layoffs

Assets?

If you think any employee is an asset for Cisco, you need to take a look at which column in the balance sheet payroll is under. The basic balance sheet equation is Assets-Liabilities=Equity. Here is a hint. Payroll is not under Assets or Equity. Now, let that sink in and tell me - what is ahead of u?

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Post ID: @OP+PtbyYV5

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The Top 20 Tech Companies by Revenue Per Employee

http://www.visualcapitalist.com/top-20-tech-companies-revenue-per-employee/

..... keep on cutting

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Post ID: @2tuz+PtbyYV5

You are not an asset, you are an easily disposable line on a spreadsheet that can be deleted at any time to appease the Wall Street gods or to make the leadership team appear like they are "leading"

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Post ID: @2dor+PtbyYV5

Because going to.another company will be great... For the first 6 months to 1 year. But after the initial moonlighting, you'll end up.complaining

At Cisco, it took me only 1 week to realize where I ended up ... :-/

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Post ID: @1njl+PtbyYV5

I have to admit that a lot of the same smelly corporate sh-- does exist everywhere I've been. You have to pick a company who's smelly policies are the least burdensome for you.

My new employer was bought out by a larger, global company. Suddenly the smelly corporate stuff just got a LOT smellier. And the work, while not harder, seems to be more urgent, we-need-it-now BS.

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Post ID: @1vaq+PtbyYV5

Many other examples of how the culture has changed to respond to "company doesn't care about employees (i.e. Layoffs) , thus why should employees care about what they actually produce??" To the layoffs, a lot of those people could be retrained to work "the new hot projects" faster than indoctrinating new employees in the "Cisco process". But, it is 'easier' and more 'industry safe' to say redirecting efforts than to admit that they are targeting 50+ (or is 40+ now?) year olds. The people with all the valuable experience, poof, just gone. Replaced by some 20 something that is only looking to job hop in a few years for a signing bonus + salary bump somewhere else. No loyalty begets no loyalty.

+1

Many of those people could be moved to the new hot projects without "retraining". And all the "tribal knowledge" they'd built up over the years about Cisco process would make them way more productive than the new replacements even IF they had to be retrained. Wait until the next document system transition occurs again. I went through 3 document system migrations in my tenure. I was able to either ignore search results that came back from older systems and focus on the newer results, or find that "lost" page from an older system (read-only) that didn't make it to the new system. Most of the newbie's or contractors couldn't find any documentation unless it was on Google or Bing.

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Post ID: @1kte+PtbyYV5

Very few reasons to stay. Most options are under water IF you have any. Software Dev was hit with LR and it's funny how Devs are rated these days in the 'new Cisco' culture. Rating = 90% due to perception of you by managers that don't even know you and remaining 10% (if you are lucky) for what you actually contribute. People have learned the 'system' and spend all day socializing and smoozing bosses and not actually writing any software. I know Senior Devs that have less than 10 code changes in a YEAR. No, they are NOT tech leads/architects...Senior Devs. Many other examples of how the culture has changed to respond to "company doesn't care about employees (i.e. Layoffs) , thus why should employees care about what they actually produce??" To the layoffs, a lot of those people could be retrained to work "the new hot projects" faster than indoctrinating new employees in the "Cisco process". But, it is 'easier' and more 'industry safe' to say redirecting efforts than to admit that they are targeting 50+ (or is 40+ now?) year olds. The people with all the valuable experience, poof, just gone. Replaced by some 20 something that is only looking to job hop in a few years for a signing bonus + salary bump somewhere else. No loyalty begets no loyalty.

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Post ID: @1fky+PtbyYV5

Our assets are our vainglorious ELT. They rule.

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Post ID: @1ihc+PtbyYV5

My assets is to deposits more code load with but I can't fix in nxos for to run on white box.

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Post ID: @uqc+PtbyYV5

What's ahead is easy work life balance marginally benefits dim leadership moderate pay but easy work life.

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Post ID: @ecr+PtbyYV5

@PtbyYV5-juw +1...

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Post ID: @nyi+PtbyYV5

Old timer wise words. Its foolish to leave a company with a boatload of in he money stock options no matter how sh--ty you think it is.

Because going to.another company will be great... For the first 6 months to 1 year. But after the initial moonlighting, you'll end up.complaining about the same bureaucracy, b---s---, corporate politics, and question the company's future the same way you complained about your previous employer.Except at least with your previous employer, they gave you a lot more money.

Old fart already learned what naive youngster hasn't yet learned...the same smelly corporate sh-- you hate.at.one employer exists at the next one. You just haven't been exposed to.the bathroom stalls until you get there.

And the golden rule is, whichever company pays you the most to do the least amount of work to allow you to achieve f--- you status quicker is the only thing that matters. Then you can do whatever the thing you want, because you can say the two most powerful words without consequences that everyone strives for.... F--- you.

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Post ID: @juw+PtbyYV5

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