Cisco Systems Inc. Layoffs

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Topics regarding layoffs at Cisco Systems Inc.

NDS on the chopping block

Yep, NDS' for sale - source and article below: "Cisco Looking to Sell Video-Software Unit NDS at Steep Discount" Six years after shelling out $5 billion for NDS, Cisco is now putting a $1 billion price tag on the Jerusalem-based business, which... read more
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513 views | 3 replies (last )

Report of sale of xNDS in Israeli press

In Hebrew. I am sure Google Translate will help those who can't read it. Calcalist is a reliable site. They always know what is happening in NDS a few days before it becomes public knowledge. They say we are being sold for USD 1B and that there are... read more
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1758 views | 6 replies (last )

End of Q2 FY18 - Rumors of LRs across various orgs

Typically Q2 is bad for Cisco that gives so called ELT an opportunity to shed extra fat so that their pockets get fat. I have been hearing rumblings about LR in SPBU. Please share if you have heard such rumors in your group. I think SPBU will see the... read more
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1980 views | 4 replies (last )

Why ignore performance when laying off?

Why in the world does Cisco ignore performance when determining who will be laid off? In the past several rounds of layoffs some of our best people were shown the door, while some newer employees who barely know what they are doing are still here. I... read more
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2541 views | 18 replies (last )

Cisco ready to close deal to sell SPVSS

Cisco is close to announcing it's agreement to sell it's long trouble video business unit SPVSS back to it's previous owners Permira Private Equity TMT Group at an enormous loss.
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5994 views | 14 replies (last )

cisco stocks

$40+. I'm getting rich. Thank you Chuck and the rest of the leadership team.
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1819 views | 9 replies (last )

H1-B Visa program to be expanded!

Under new immigration proposal, H1b to be expanded!!!! Yes, we can stay and more cheap labour for the tech in Silicon Valley.
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625 views | 2 replies (last )

GoPro to be acquired by CSCO

GoPro just had an LR where 20% were chopped. GoPro is trying to sell itself to CSCO, AMZN, AAPL or GOOG in that order of priority. CSCO would be a good fit as it can use the patents of GoPro to innovate and make heavy returns on its investments... read more
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2102 views | 9 replies (last )

Cisco + Ericsson= $1b Partnership!

In other news, the Cisco and E/ partnership is yielding thousands of dollars of incremental revenue for Cisco, has exposed competitive product and service overlaps creating mistrust on both sides, and has a retread SVP (reporting into an SVP)... read more
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1498 views | 4 replies (last )

What will 2018 bring?

Tax reform is heating up the economy and the demand for engineers. New enforcement of existing H1B rules is tightening the supply of easily exploitable, entry level, immigrants for lower level engineering jobs. Domestically the best students have not... read more
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2446 views | 12 replies (last )

Extra $5k from Cisco to our 401k!

Just in - Cisco will be making an extra, one-time $5k contribution to 401k to almost all American employees, because of new tax law. That's nice.
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2937 views | 7 replies (last )

Share price

Surprised the share price hasn't jumped following the tax reforms just passed. Surely it means higher dividends and more to invest back in to the business.
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1175 views | 4 replies (last )

SPG Leadership

Heard of rumours about SVP and few directors of SPG were asked to leave in 6 months
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2303 views | 1 reply ()

Cisco offer evaluate

This is very important for me .. please advise . I am senior engineer 8 yes exp in Qualcomm bay area .. currently evaluating offer 130k + 12% bonus, no RSU, in software engineer 3 at Cisco systems, bay area . Enterprise BU How is CISCO vs qualcomm... read more
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3361 views | 24 replies (last )

Cisco ANZ Xmas Layoffs “Skirts”

Cisco ANZ another round of cuts pre Xmas for Grade 11+ to replace with lower cost Grade 8 “Skirts”.
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1027 views | no replies

Why people still believe Cisco is a great place to work

Employees have started to treat their jobs like a dysfunctional family relationship. For many groups, the pay is higher than the work truly deserves (not necessarily easy, but also not cutting edge or extremely challenging). After a while, technical... read more
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2891 views | 15 replies (last )

Question: laptop return ?

Are you wiping your laptop before returning ? How should it be returned back ? How did you return it or planning to return it ? Is there any official policy ?
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2437 views | 12 replies (last )

Buying the SRX product line

Cisco is in talks with Juniper to buy the SRX product line. Sometimes enemies work together especially if it benefits both. Cisco, it is believed, will then kill the SRX and push existing customers to migrate to Cisco's existing security products... read more
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1878 views | 6 replies (last )

Massive February 2018 layoff coming

Confirmed there will be a massive mid-February layoff descending upon the company. Profits are not there and labor cuts is the only answer. Strap on the belts because it will be a big one.
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8756 views | 26 replies (last )

January/February UK layoffs

There are rumours there's going to be more in January and February. Expect a consolidation of RSM's as they look to remove management overhead. This is the new Cisco. Haven't heard anything about more layoffs in the UK that soon. Anybody knows if... read more
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3788 views | 11 replies (last )

UK Layoffs

Quite a few people got the axe in the UK last week from various parts of the business. Not sure on final numbers but I know 4 individuals personally. No announcement and a month before Christmas. Classy.
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3465 views | 12 replies (last )

Keep posting

I am shocked at how many VPs read this site. I think it has more reach than people realize. Also, Cisco legal seems obsessed with finding out who is posting. All good signs.
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3420 views | 8 replies (last )

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