Earlier quoted context omitted.
I know I'm cynical, but from what I've seen, the massive skill shortage is specifically for young, early career software developers willing to work for somewhat subpar wages. A 45 year old embedded systems manager would have a much harder time finding a new job.
Is that because they're too expensive or because potential employers undervalue their skills??
Cisco to lay off about 14,000 employees
161–170 of 294 posts
Re: Cisco to lay off about 14,000 employees
#162Earlier quoted context omitted.
There is a difference between not knowing the latest and greatest, and not keeping yourself updated with the evolution of your tool of choice. Most people will do the former after a while. It's too much time spend with too little gain. The latter however is not acceptable. I want my developers to know about the latest version of .net, and if they're not using linq they're doing it wrong.
But if they are not using WCF they are doing it right! Not all evolutions of the tool should be followed blindly.
Re: Cisco to lay off about 14,000 employees
#163Re: Cisco to lay off about 14,000 employees
#164Earlier quoted context omitted.
White box switches are all great in the data center if we are talking about a shitload of layer 2 and TRILL, but somebody still has to manufacture the core routers capable of advanced IP layer 3 features at line rate 400-1000Gbps bus backplane per slot. You're not going to whitebox replace an ASR9010 with 3rd generation line cards.
It's a much smaller market than the old "everything with more than one network port should be Cisco" mantra, though. Yeah, Cisco won't disappear any time soon, but their market is shrinking.
do you think cisco is in danger of becoming SGI of networking ?
Re: Cisco to lay off about 14,000 employees
#165Earlier quoted context omitted.
Exactly - getting laid off means that the job you did no longer exists - it is unrelated to your personal skills, performance, productivity, etc etc.
Additionally, being laid off usually results in at least a respectable severance package. Being fired generally means you only get the minimum legally owed to you.
Re: Cisco to lay off about 14,000 employees
#166Interesting. I live in the south bay right next to the Cisco campus, and the amount of new employees they are hiring is staggering. I wonder how many of the 14,000 are being rehired as a contractor or something?
Oh my god you are probably right, at least according to their jobs website [0]. There are plenty of jobs posted, I looked at a few job categories and there are pages over pages of openings in their database. Not 14,000 though, it seems like maybe 3,000 at most. Still a lot for a company with such a headline. [0] https://jobs.cisco.com/
This news suggests that those apprehensions were not unfounded.
Re: Cisco to lay off about 14,000 employees
#167I was just yesterday called to schedule an interview... >.>
Re: Cisco to lay off about 14,000 employees
#168Let's just say the average salary is 70k which is very conservative. That is 14k * 70k annually lost from the local community, a grand total of 980M or let's just say 1 billion annually. Looking for another job when there are massive cuts like this also degrades the salary they accept on their next job because of the competition. I wish companies, if possible, throttled layoffs a bit more instead of large chunks like…
Have you ever actually been part of a company that did layoffs in chunks like you're suggesting? Experiencing that type of protracted wave of layoffs is not fun at all. In fact, it was down right miserable. Going to work each day with the threat of layoff looming over your head is an incredibly stressful experience.
You might consider that there is more at play than just a few executives getting greedy about dollars.
Re: Cisco to lay off about 14,000 employees
#169This is the third major "dodge" of my career and I feel somewhat lucky to miss out on opportunities before they cause potential harm.
Re: Cisco to lay off about 14,000 employees
#170Let's just say the average salary is 70k which is very conservative. That is 14k * 70k annually lost from the local community, a grand total of 980M or let's just say 1 billion annually. Looking for another job when there are massive cuts like this also degrades the salary they accept on their next job because of the competition. I wish companies, if possible, throttled layoffs a bit more instead of large chunks like…