LayoffsFeb 26, 2020
CiscowHgS47

Cisco layoffs happening Now

Cisco started Layoffs - Business restructuring in US region. not about scale of impact . in org ~100 emploees about 6-8 were impacted. Cisco shared with shared holders in their last weeks lackluster earnings call subtly

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eBay bNs32h Feb 26, 2020

So is it a broad 6% lay-off or just selected orgs in US?

Cisco wHgS47 OP Feb 26, 2020

It was across the board to bring down head count

PubNub floofster Feb 26, 2020

Cisco does this all the time though and even have what you might be able to call a "layoff program" -- they're pretty infamous for it. I would hardly call it news, maybe more of a heads up that it's that time of year? Good luck Cisco people! Never a fun time when the heads roll.

Juniper 5'1.5" 👳 Feb 26, 2020

Hearing above 15% LR

Cisco bhsk14 Feb 27, 2020

Limited restructuring

Cisco FCBy60 Feb 27, 2020

Heard it's around 4%

Twilio p@$$w0rd. Feb 26, 2020

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Google HuVX37 Feb 27, 2020

When will the twillo stonk go up man? Bought in ~130 last year and still banging my head !!

New
ocjr912 Feb 27, 2020

STONKS!

Google Tier3 3 Feb 26, 2020

Cisco is always in a perpetual state of layoffs

Oracle JanIAm Feb 27, 2020

Just like at Oracle. Layoffs at either company is not news. It’s more like “The sun has risen”.

IBM VGfH76 Feb 27, 2020

Sounds like IBM

Cisco eSEF13 Feb 26, 2020

Just had staff meeting. In my org around 900 people, 1% got impacted.

Salesforce pARX30 Feb 27, 2020

your org have 90,000 people?

Square GDCy62 Feb 27, 2020

Think he means 1% of his 900 person org

Cisco tc180,yoe9 Feb 26, 2020

We are so immune to layoffs now that I am hearing a birthday celebration song being sung in a nearby room as I write this 😏 #ShitHappensLifeMovesOn

LinkedIn aVLN55 Feb 27, 2020

Happy lay-off dear Johnny , happy lay-off to you. Maybe you heard wrong?

Cisco webecisco Feb 27, 2020

We had a party with food and drinks in our org 🤷‍♂️

Rally Health FUPayMe$$ Feb 26, 2020

Ah, the famous Quarterly layoffs festival at Cisco!

Cisco fun.boi Feb 26, 2020

If we model the productivity as a normal distribution, 5% LR annually is beneficial to the company.

Amazon woopscat Feb 27, 2020

Unless performance is measured inaccurately, so you lay-off evenly across the distribution, and the rest of the top 10% see that layoffs happen to top people too so they leave because they can get more stable positions. Congrats, performance across the company is now worse and you still have 95% of your low performers 😂

Google wFatDuck2 Feb 27, 2020

Exactly what Amazon said, was at a previous employer that regularly laid off. Many including myself just got demotivated and left