To all you looser haters, Cisco is on the way back. Time to go back to your dung piles and stop spreading rumors that are fake. There are no LRs happening right now.
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LR'ed in February 2016, stuck around long enough to collect my parting gift and went to work a week later. Sales Champion on multiple ocassions and it mattered not. When it`s your time it's yiur time.
"To all you looser haters"... I prefer the tighter haters. They squeal more.
Why the blankety blank can't people learn the difference between loser and looser, you're and your etc. etc. ? THIS SHOULD HELP:-
https://images-na.ssl-images-amazon.com/images/I/71c8diM3YuL.SL1500.jpg
silicon valley gone to dogs !.
All this LR reminds me of survivors of the Titanic. People didnt want to do the right thing because, they were insecure about themselves.
It is just sad, how low Cisco has stooped to.
silicon valley gone to dogs !.
All this LR reminds me of survivors of the Titanic. People didnt want to do the right thing because, they were insecure about themselves.
It is just sad, how low Cisco has stooped to.
Why don't we get rid of VP/Director/Principal Engineer without direct report? They either do coding or get booted out.
PSEs at good companies won’t have reports and won’t spend much of their time coding. Hell, at good companies even starting engineers get to spend time on the systems work in addition to writing software.
I also think it’s cute that you think that anyone there writes software. You clearly know nothing about software development or the quality metrics there because what is being produced is endless breakage layered upon the carcasses of the acquired. How long is it before CSCzz99999?
So much for that “we are a big family” propaganda that Cisco spews. They kick you out on a whim and then the remainders hate on you while calling you a hater for telling the truth.
Why don't we get rid of VP/Director/Principal Engineer without direct report? They either do coding or get booted out.
one-third of Cisco is Dir, VP and other redundant entities.
Cisco doesnt need so many "execs" twiddling their thumbs.
If engineers above 40 yr old are useless, then definitely Dir/VP over 40 yrs are useless.
I say remove all execs First, along with the second level managers and G11, G12.
Then we will have true productivity and positive environment.
True words below:
"You can go from being king of the world, everything you do is deemed fantastic, promotions, RSUs...a good run. Then a few managers get shifted around, program funding dries up, and since you are now two grades higher...it's your turn for LR.
It can happen to anyone. Three of some of the smartest people I ever knew were LR'd...wrong place, wrong timing. "
Can definitely tell from individual comment flow tone which people are the realists and which have drank the kool-aid.
To those that think the LRs are the way of keeping the toughest and smartest folks in the org...enjoy your moment in the sun, buy your new car, and take a hopefully few good years to drink deep of the kool-aid thinking you perhaps are immune.
You can go from being king of the world, everything you do is deemed fantastic, promotions, RSUs...a good run. Then a few managers get shifted around, program funding dries up, and since you are now two grades higher...it's your turn for LR.
It can happen to anyone. Three of some of the smartest people I ever knew were LR'd...wrong place, wrong timing.
The law of averages catch up eventually.
In my team, we got it, with a LR, 10 people worldwide. Justification was budget, but to be honest it is a lame excuse. Those who continue are in essence "yes man" and "yes woman" that don't understand the business and that are on survival model until the next quarter. The people deal failed tremendously. Managers don't have any accountability, and don't care about career development.
Leadership is very poor and don't take into account results or real performance of people. The FACT that there are no registered performance, makes it very difficult to individual contributors to be able to showcase everyone the real impact.
Yes, stock is doing great, but as many said, results are not that positive and this is the overall result of financial engineering, and cutting costs. That is not healthy for business, doesn't bring business sustainability and it is a short term strategy that impacts morale and changes company culture to a more aggressive and non collaborative mode.
I'm very sad to see the Cisco of today and for those who joined now, well, this was a great working environment some 5 or even 10/15years ago.
I'm a former director level (grade 13) at Cisco. I was hired once and acquired once.
The LR thing is necessary. The process that is used and "who" makes the decisions, however, are truly baffling.
Cisco's real problem--both from a people perspective and from a product/solution offering perspective--is a complete and utter lack of leadership.
Cisco's execs under Chambers were nothing but "yes" men and women.
Cisco's execs under Robbins are a motley crew of egomaniacs (Bandy, the departed Biri, etc.) and then Kelly Kramer, who is frankly the only adult in the room. If Kramer and Robbins got into a political knife fight, the board would side with Kramer, and rightly so.
That said, Cisco has done a very, very poor job of training and supporting people at the director and VP level. Most of these people are political animals without MBAs, without experience OUTSIDE of Cisco, and without an scruples. Sure, there are a few good ones, but most of the good ones leave.
Devoid of leadership, every company will fail. Cisco's demise is now not a matter of "if" but "when"...Amazon, Microsoft, Google, Facebook, etc. will eat Cisco's lunch.
Cisco: Turning Into Another IBM
https://seekingalpha.com/article/4125894-cisco-turning-another-ibm
Cisco turned the corner. Services and software will lead the way.
As Cisco put it in the footnote,
In August 2016, we began taking action under a restructuring plan in order to reinvest in our key priority areas with estimated pretax charges of approximately $850 million. In the first quarter of fiscal 2018, we extended the restructuring plan to include an additional $150 million of estimated additional pretax charges. We have recognized pretax charges of $908 million to our GAAP financial results in relation to this restructuring plan since its inception. We expect to recognize the remaining charges under this plan primarily in the second quarter of fiscal 2018.
I asked Kramer if this meant additional headcount reductions. She said, "It’s all part of the same program we started a year ago; we are extending it out another quarter. It's an extension in terms of, as we finalize the details of the overall program."
LR is sadly happening right now in APAC region, particularly in Australia. Senior people in Sales, Technical Services and Advanced Services were told to go last couple of weeks. Half of those are women which is unexpected from a company with a high gender imbalance who claims that "Women in IT" is critical to them.
No LR's tell that to my family scumbag
Router sales down 6% and switching declined 4%. Hardly a stellar quarter.
You can thank Trump for that.
Don't be naive, Bro. The LR Shadow Sniper has a bead on you too. It's not an issue of IF, it's an issue of WHEN.
"LR will and should happen. That's the natural way of keeping the toughest, smartest folks in the org"
Except that with the dereliction of process that is the "People Deal" you no longer know who these people are as you no longer measure performance. Its the luck of the draw as to continued employment , so why sweat it . This is what is weakening the company. As long as this stands and no paper trail exists then LR will be continuous . All you got to do is keep them under the regulatory radar and limit . As to continuous company acquisitions , I would love to see the balance sheet for the 200 companies hoovered up , nice project for somebody. Its the American way , fill your house up with a million products you don't need , then have a garage sale.
There is no LR announcement in the earnings call, just action!
Maybe bring in jack welch
So... cssgco, When did you get LR'ed?
Buying companies and adding their numbers to your books /= growth. And if you think LRs only touch the stupid and the weak, you can't have been there very long. Truthfully, when I was there, what made me dumbstruck was not who was laid off, but who was kept.
tell that to the 30 people that got hit this week in the UK
LR will and should happen. That's the natural way of keeping the toughest, smartest folks in the org