What is it in term of months ?
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Topics regarding layoffs at Cisco Systems Inc.
Ha ha, see how this works here? Come here for the entertainment, not actual facts. Only you can tell for certain if your job is in danger, and you might not see it coming anyways. Always have a Plan B in place no matter where you work.
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.
Rumors are true, there will be huge layoffs in the San Jose campus early next year
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
RJ lead an extremely incompetent/corrupt organization. Does anyone suspect things will finally be cleaned up with new leadership?
/ 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
Whenever director from India visits us, i feel like more jobs will be lost.
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.
/ 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
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
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.
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.
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
Any updates on possible job cuts at Cisco Service Provider Video Software and Solutions (SPVSS)? How about H2?
Anyone cares to predict?
SP Video (formerly SPVSS, now part of SP Applications) is about to enter its final death spiral. Expectations are for the unveiling of "Project Earth / Jupiter" on or around the Q3 earnings release on May 17. LR's and involuntary transitions to red... read more
Heard of rumours about SVP and few directors of SPG were asked to leave in 6 months
Cisco ANZ another round of cuts pre Xmas for Grade 11+ to replace with lower cost Grade 8 “Skirts”.
2 news outlets are saying dead body found likely suicide - why do the threads here keep going down?
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
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?
There are a lot of rules for signing and returning your agreement, things you might not think of on your own. Be sure you're following the instructions exactly.
Imagine my surprise when I bought an old laptop at an auction to find a bunch of Cisco files on there. One of them had a bunch of data about the SPVSS? organization/department including all of the salary, bonus, performance and share option details... read more
At least I know Cisco China RD (CRDC) is doing layoff, engineering team are affected
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.
CISCO paid $5B for NDS. Cisco unsuccessfully attempted to get synergy between the two businesses using 4 or 5 senior Cisco executives (one very, very senior executive declined the job and smartly took PTO to care for a family member). Cisco... read more
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.
LR will continue. Profit is up and stock jumps. This means the strategy of cutting costs is working. In the foreseeable future, revenue, employee morale, and product quality will continue to go down. We will see more layoffs and higher bonus for... read more
An Intel employee here / we have a thriving board here as well - cheers Cisco peeps