Thread regarding Cisco Systems Inc. layoffs

2.6 billions in cost-cutting due to Acacia Communications ahaaaaaaaaaa

Cisco just acquired Acacia Communications for $2.6b and that means heads will be chopped to make up for that money spent. Acacia Communications has about 3000 employees.

Does not look good for 50+ and GR11/12. Already heard of potential names on the LR list.

Canceling my 3 weeks PTO for late Aug.

by Anonymous
| 3969 views | | 4 replies (last ) | Reply
Post ID: @OP+ZXdZd1h
Comment! It's anonymous!

4 replies (most recent on top)

Acquisitions is totally different pool of money. Call it funny money for the purposes of R&D budget considerations. but go ahead and spread your silly panic

by Anonymous
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Post ID: @kktq+ZXdZd1h

cut the fat

by Anonymous
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Post ID: @3haj+ZXdZd1h

Came here just for this:

  • No life outside of job
by Anonymous
| | Reply
Post ID: @1oiy+ZXdZd1h

400 employees not 3000, but go on and cancel your PTO looks like the right thing to do

by Anonymous
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Post ID: @nss+ZXdZd1h

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