Isn't this a pretty unusual move for Cisco? Don't they have layoffs every other month? If true, good news for Cisco folks on Blind! https://www.bloomberg.com/news/articles/2020-04-08/cisco-ceo-tells-staff-jobs-are-safe-urges-others-to-avoid-cuts
They will still layoff tons, and say its not due to corona!
It’s due to poor performance and lack of political savvy.
Says a CEO having seasonal layoffs...
CEO said no layoff in 60 days, means that guarantee layoff on 61th day.
61st, but yeah
That’s a lie.
We all know there is additional $150M set aside for June even before Covid shit. That said, Chuck promised no lay offs till early June and that means we will still see large lay offs in mid June... that article is just for marketing bs
Cisco has track record of laying people off on semi-annual basis for many years now.
Cisco doesn't need a Corona crisis to layoff. We have "limited restructuring" for that.
I heard Cisco doesn’t lay-off during these tough times. In fact didn’t lay-off during 2008-9. Isn’t that good because people can find job when they are fired when market is doing good. During mass layoffs, H1s are spared as much as possible.
Lol, not just H1, also the HW SW team in India are waiting for
Told you Cisco makes announcements for publicity stunts ...and are empty calories.
No layoffs, and high bonus is guaranteed
I don’t know about the high bonus part....
High bonus, really? Which BU has this rumor? Nothing in my org, in fact my manager says most people won't get anything due to bad overall market conditions.
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Bullshit , I know my friend laid off last week due to corona. All ceo can bullshit over internet, but reality is different
Was your friend FT or contractor?
Full time