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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Topics regarding layoffs at Cisco Systems Inc.
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
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
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
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.
What is it in term of months ?
$40+. I'm getting rich. Thank you Chuck and the rest of the leadership team.
Under new immigration proposal, H1b to be expanded!!!! Yes, we can stay and more cheap labour for the tech in Silicon Valley.
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
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
/ Over the last 10 years - from 2007 to 2017, Indians have taken the lion’s share of H1B visa approvals every single year followed by China in second place and Canada... read more
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
/ House Committee Unites to Clamp Down on Indian Firms’ Use of H-1B Visas The new rules would require that firms either pay workers... read more
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.
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.
often layoff exposes the worst side of every one, ... reason we became so much dependent on money from the job... a point o ponder and work on.
RJ lead an extremely incompetent/corrupt organization. Does anyone suspect things will finally be cleaned up with new leadership?
Heard of rumours about SVP and few directors of SPG were asked to leave in 6 months
Some leadership and headcount adjustments being made now. Smoke ‘em if you got ‘em.
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
Considering whether I should accept this offer or stay in engineering.
Cisco ANZ another round of cuts pre Xmas for Grade 11+ to replace with lower cost Grade 8 “Skirts”.
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
Rumors are true, there will be huge layoffs in the San Jose campus early next year
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 ?
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
How stable is this BU?
Anyone cares to predict?
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.
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
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.
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.