CISCO just released earnings and reducing 5% of their workforce
Just got layoff by Cisco, my manager doesn’t know which HR is going to take care of my case, and doesn’t know what the package is. Is it true? It’s funny that another team member is survived even he can’t speak proper English….just because he likes to kiss the mgr’s ass lol. Somehow I understand as mgr always likes to have someone that they can control regardless of the performance.
Why hasn’t Cisco been performing well lately? What’s the main reason? Do you think they’ll lay off employees next year like this year?
7% of global workforce confirmed. 5% cut in February 2024.
As of Aug 15th 10:20am PST, it does not seem like any emails have been sent out about who is being laid off
https://apnews.com/article/cisco-job-cuts-technology-layoffs-78ad036870555f53fe03739cf1ae76f9
Seeing news about possible Cisco layoffs. Just wondering how folks are doing. Tech job market is out there. Keep on learning, keep on growing and stay strong everyone.
Just got laid from Cisco. I had no idea I would be impacted it was completely silent. Just got into call with manager, had to hear a script from the manager. Asked to sent out a email. I had whole bunch work planned out for next 3 quarters.
Job security is a joke nowadays.
It was my turn to be terminated today from Cisco. We had a group call, and a manager read from a script. When they finished reading the message, the call ended. There were no questions. We were told to check our email for more data. I thought perhaps thanking us for our service would have been a nice thing to say.
Cisco Systems is laying off 7% of its workforce, the company announced in a filing with the Securities and Exchange Commission on Wednesday. It’s the San Jose tech giant’s second time slashing thousands of jobs this year.