Thread regarding Cisco Systems Inc. layoffs

Heard that employee actions will start this Tuesday as the bean counters are looking to get people off the books sooner than later

Recruiting? I’m in SP, the management of with is becoming more bizarre with each passing day. Their approach to recruiting runs several ways:

• they cannot pull people into CSCO without offering pay well over grade. People inside have noticed their poor pay compared to the few newcomers.

• morale and retention is becoming embarrassing. So much so that our last exec all hands, the word “talent” was mentioned about 15 times (never rated 1 year ago)

• they are losing people at an disturbing rate, esp in the US BU. They are offering all sorts of inducements to buy people back at the last minute. There’s concern in the ranks that all the promotion slots and salary bumps for the stayers will be diverted to the leavers.

• they continue to add layers of management. We’re up 3 layers added in the last 2 years. There’s rumors of some more splits coming. Current thing is to promote PM’s and TME’s to management roles and make their colleagues report to them.

• they are backfilling these management elevations with India based engineering Folks pushed into,PM/TME roles - being managed from the newly promoted US guys.

Wondering how all this will end up. Down the road they’ll likely whack all those recently promoted managers, use Indian based managers to take over, and effectively outsource the BU product management/marketing to India.

Not in Cisco anymore.

Engineering demand and recruitment in the broader market is getting very competitive very quickly. Looks like a return to the 90s. Hard to believe anyone would start laying off engineers now that the demand is getting so high.

Heard from my exec that massive layoffs are coming to the San Jose campus

Save your money, Timmie can wait

Any more details on the areas that will be affected?

Trying to decide if we should get little Timmie the medical procedure he needs or save the copay money till after the layoffs are over.

Please help with suggestions

Confirmed today many layoffs are coming in February

Hope you liked your Christmas presents

There is one more coming in 2018 if you are lucky

CR

I’m looking forward to the layoffs in 2018

Sincerely CR

This is just the board ops rumor mongering to get more ad revenue

IT’s a good place to start! A confederacy of dunces if there ever was one.

Please share any information on this please

Lists are being drawn up in my BU...

"Division?" Ya got the wrong company, dude.

Fire in the hole. Fire in the hole.

Man down. I repeat, man down.

Confirmed this will be more than the standard 10% monthly layoffs and firings.

Sounds like some divisions will be closing

Wonder where this is coming from, given that the strength of several BUs in Bangalore has been reduced to half of what it was a couple of years ago.

@QFOmRrm-1trj So official language at Thithco to be Kanara? No EEEnglish allowed?

Thithco to move its HQ from SJ to Bangalore. CEO and all top ELT will be Bangalorians born natives.

Sign me up.

That's very good, Bagalore will have a big opportunity if there is a big LO in SJ.

The layoffs are ongoing every month. The ship is sinking. It’s every man for himself.