Thread regarding Cisco Systems Inc. layoffs

Voluntary LR, is it possible?

Got a quick question. Can you ask to be laid off at Cisco? Is this something that’s possible? Anyone with this experience? Do you ask for a package?

by
| 2444 views | | 13 replies (last ) | Reply
Post ID: @OP+UU1GuwB

13 replies (most recent on top)

I was laid off in September 2016. The package then (provided you signed that silly a-- agreement) was 3 months + 1 week for years 10 - 19 and + 2 weeks for years 20 and above. I believe I got 10 months of Cobra (actually a lump sum payment grossed up to enable you to buy Cisco's plan or whover else's plan you chose to get). The first two months you could stay at Cisco and attempt to find a job within Cisco, which was futile since I believe the layoff was obviously based on age. Everyone I know that got laid off was over the age of 50. It's my understanding that subsequent layoffs were heavily biased toward the people 50+ years of age.

by
| | Reply
Post ID: @5tdu+UU1GuwB

start a conservative social group and mailer and you will be out on your arse in no time

by
| | Reply
Post ID: @4wxw+UU1GuwB

Yes, you can..if you have managed to maintain a good rapport with your immediate manager.

I got the package two years ago & started my own hobby turned full time business..Good Luck :o)

by
| | Reply
Post ID: @4tow+UU1GuwB

Depends on your manager, but yes.

Package will depend on where you are. Meager in the US, relatively good in Europe (if you've been there a while).

by
| | Reply
Post ID: @3jfm+UU1GuwB

just say you read books

by
| | Reply
Post ID: @1awb+UU1GuwB

Who cares? I just quit. Done.

by
| | Reply
Post ID: @1qmc+UU1GuwB

just say you are pro-Trump and you will be gone tomorrow

by
| | Reply
Post ID: @1vpg+UU1GuwB

I'm based out of Ireland and in talks with Management to get an offer as there is no interesting work left here. So far, I can get 6 month salary as package. I'm in discussion to get it increased by another 2 months. Another team member got 5 month package.

by
| | Reply
Post ID: @1dkr+UU1GuwB

Manager 's decision is final. My friend asked for LR and he got 7 month. He was in grade 12.

by
| | Reply
Post ID: @1kcv+UU1GuwB

B-jvt, you’re spot on. It’s 3 months tops. Do they offer the cobra payment for 3 months also?

by
| | Reply
Post ID: @mmr+UU1GuwB

10 months of salary is a lie. You typically get ~ 3 months (1 month sitting on your butt looking for a job internally, which is hopeless, and then 2 months severance), and 1 week for every year beyond 10.

by
| | Reply
Post ID: @jvt+UU1GuwB

I attempted to get on LR list by basically not doing work for a year, however I ended up getting promoted instead. Not what I expected, but I'm not complaining either.

by
| | Reply
Post ID: @tlo+UU1GuwB

It's possible. You can get upto 10 months of salary . Your LM can fix it based on your conversation. This is not based on performance.

by
| | Reply
Post ID: @pak+UU1GuwB

Post a reply

: