Thread regarding Cisco Systems Inc. layoffs

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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Cisco didn’t ruin your career, you did. It’s not up to Cisco to keep your skills up to date. It’s up to you. I had plenty of opportunities for training to keep current. Start learning new skills now while you’re still employed or you’ll find it difficult to find a job when you’re unemployed & if you’re having issues now it will only be worse then.

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Heard notices may go out on Tuesday as the LO actions have been pulled in to get people off the books earlier in the year.

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, you are very mean. I thought we are cisco family??? we are suppose to watch each others back. I hope you get timeout n sent to your room. cisco will never close lawrenville... video is one of cisco tops 5 priorities! In the meantime, I will try to move into another group in lawrenville so i can avoid getting LO. I'm just hoping to milk cisco a couple more years... 30k Bonus and until my RS are all vested.

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i hope Cisco closes the LAWRENCEVILLE soon so that the questions here stop!

Seriuosly, stop asking in every f**** thread!!!

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lawrenville, GA is going to be affected???!!!! guys, please tell me what i should do. I haven't gotten second interviews for a couple years and now i'm not even getting pass recruiters. My STB skills are outdated! Cisco has ruined my career!

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No word on timing but everyone should know that LAWRENCEVILLE, GA is GOING TO BE AFFECTED

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It was inevitable that layoffs would occur next month. Any idea if the timing ?

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I have my resume polished and ready to go.

Praying for a good severance so I can bail from this festering pile of dung

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How many people were laid off in January, 2018?

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What is the severance package for a 20 year Cisco individual contributor is USA?

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I'm quite sure this layoff will be as brutal as the January 2018 layoff and maybe even more brutal as the December 2017 layoff.

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This layoff is still in play for February.

Heard additional plans around the number and locations today

Good luck

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I believe it, the resume is polished to the day and the parachute is always packed.

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When I was laid off in Sept. 2016, we could only get information about ages, etc. of employees if we first signed the agreement not to sue Cisco. I was based in BXB. When they held the meeting to explain how to claim unemployment, etc. everybody in the room was over 50 years of age.

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The packet included a detailed list of who was let go / who stayed by age and title. Since my layoff was 1/3 of 900 in my BU, the sample size was big enough to see the bell curves. What was apparent is that they were EXTREMELY careful to balance the scale to avoid age discrimination lawsuits.

Since there is no question the older engineers were making more money (not speculation, these were decade+ employees), this leads to one a few natural conclusions...

1) some positions being eliminated were strictly to balance the scale of older engineers.

2) the method for choosing those younger engineers was a calculation and NOT performance based.

In other words, they wanted to eliminate the expensive engineers (older) so they had to balance it with younger people. By balancing diversity, age, etc they kept themselves from being sued - and since that was way more important than keeping the best people they just let a spreadsheet do the math to pick which ones. The lowest common root manager was probably allowed input (i.e person A or B), but likely didn't have a lot of say in it beyond picking which poor sap to save this round.

So the moral of the story is this - if you are still at Cisco, you have a choice - wait for payout from downloadbesttorrentblog.ru that will eventually come or get out while you get to decide. The severance they provide is nice, but not worth the stress of being involuntarily unemployed.

Either way, right now, STARTING TODAY, start spending 10-20 hours a WEEK getting your skills and networking in a marketable state. It takes 3-4 months to land a good job, so in the end you won't really get much from the severance besides stress. With luck you might just get LRed right when your hunt is completed.

(Hey collaboration, I am talking to YOU - Feb will be brutal thanks to broadsoft acquisition, so start preparing. The quality of your work won't be a factor when they need to balance the scales as age is the one thing they care about.)

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how many Directors aged 50 and above, still in Cisco ? Why are they not LR'd so far ? First kick them out.

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Basically, in your exit 1:1 you are told that this is in no way performance related. So in calculation of any bonus due your performance factor will be a 1.0. Beyond that, you get some tables that show the job title, pay grade and age of those in your department who were let go and then those that remain. Not many under 45 in the group getting let go. I think it does come down to the compensation ratio, your age and whether you are politically connected as to your chances of survival. May Reorg victim.

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If you are over 50 Cisco puts a target on your back. I know because I am gone. No concern for you at all. It's all about the shareholders who happen to be all of the Cisco executives.

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Nonsense. There is a good reason for larger layoffs to historically always happen in Q4 announcements. It finds a bigger financial audience and results in better response from the finance markets.

Of course, layoffs will continue in small pockets here and there. But there is absolutely no evidence or sound logic to a large February layoff.

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The only people left at Cisco are politicians and hatchet men.

  1. Acquire startup

  2. Integrate startup into Cisco

  3. Startup employees quit

  4. Sell startup's product

repeat

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Cisco will never offer a retirement package again. They lost most of their best people. Nothing left but an empty shell now. Only thing they can do is buy companies and digest them until the bank runs dry.

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...

Cheers, Fibonacci

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Combination old and young guys will be great, I thing current ratio younger (less than 40 years) to older ages are high. I know many old guys, they are excellent, well done .

If big guys no clue, that is it, bye bye baby

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Will Lawrenville, GA be affected?

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Hearing the return of retirement packages also. If I was Cisco I would bite the $$ bullet and get out many of the old people. Return to younger blood. May be the only way for survival.

by | Post ID:

Any thoughts on which bright party of the company it will start??

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