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Cisco workforce reductions

blogs.cisco.com

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231–240 of 351 posts

Re: Cisco workforce reductions

#231

Post by acdha »

dinkumthinkum wrote: post #191
Scroll_Swe wrote: post #163

Earlier quoted context omitted.

>Those extra hours? Only if the team really needs them. ? I started a new job a year ago. Overtime pay in contract. I gladly work and report overtime as I get paid way more :) BUT there has to be a real reason, such as deadline, alarm/alert and such. You people are just lost. But I am in Sweden with a union job hehehe

Yeah, but compare the salaries to the US and then factor in taxes.

Do this comparison both ways and factor in what you pay in addition for American high-stress/low-quality healthcare, college, retirement, etc. If you’re on the higher-end of the SV tech salaries, you’ll probably still come out ahead but for everyone else even Denmark tends to be cheaper.

Re: Cisco workforce reductions

#233

Post by redbell »

HDBaseT wrote: post #35

"I could not be prouder of the growth you delivered" Note the "you delivered"... --- A few lines later "With this, we are making changes today that will result in the reduction of our overall workforce in Q4 by fewer than 4,000 jobs" Rough, bit on the nose no?

Came to post the same comment!

These statements are so weird to be joined together. In other words, he was able to just say: "I am proud to announce that we are going to reduce the overall workforce.."

Re: Cisco workforce reductions

#235

Post by Y-bar »

simianwords wrote: post #72
passive wrote: post #46

My extremely cynical, but not yet proven wrong view: Tech, more or less, has a group of investors centered around Silicon Valley. Not the only ones, but especially now, the most active. Generally, these folk have a lot of exposure to AI, and probably mostly believe the hype around it. Which means they believe companies using AI should produce better results, which in the current market means short-term cash. So if a…

[flagged]

Maybe this is the reason why I will never be a C-suite person. But if my product/service workforce became 20% more productive I would direct my sales department that we have more capacity to overtake our competitors and/or deliver more from the backlog of requests from existing customers which we can invoice for. And at the end of the year celebrate a double-digit growth.

Re: Cisco workforce reductions

#236

Post by hansmayer »

simianwords wrote: post #72
passive wrote: post #46

My extremely cynical, but not yet proven wrong view: Tech, more or less, has a group of investors centered around Silicon Valley. Not the only ones, but especially now, the most active. Generally, these folk have a lot of exposure to AI, and probably mostly believe the hype around it. Which means they believe companies using AI should produce better results, which in the current market means short-term cash. So if a…

[flagged]

> all evidence points to AI bringing at least 10-20% more productivity.

No, actually all evidence points exactly to a ~20% slowdown> https://metr.org/blog/2025-07-10-early-2025-ai-experienced-o...

The "evidence" that you think about is probably that dopamine hit you felt when the shit-generator spat out a complete half-finished react app. But that's not evidence of increased productivity, unless we now measure productivity by the size of the codebase bloat.

Re: Cisco workforce reductions

#237

Post by hansmayer »

Y-bar wrote: post #235
simianwords wrote: post #72

Earlier quoted context omitted.

[flagged]

Maybe this is the reason why I will never be a C-suite person. But if my product/service workforce became 20% more productive I would direct my sales department that we have more capacity to overtake our competitors and/or deliver more from the backlog of requests from existing customers which we can invoice for. And at the end of the year celebrate a double-digit growth.

Lol, so much "productivity" bullshit from the LLM-crowd but hardly any new innovations or products. Something is off here.

Re: Cisco workforce reductions

#238

Post by intended »

suddenlybananas wrote: post #226
intended wrote: post #198

Earlier quoted context omitted.

Eh? That’s such a stretched definition of colonialism that it ceases to have meaning. Firstly, This is how things are being done now - post colonialism. America has many laws and drives to avoid labour from sweatshops. This was a whole thing, it may not have been the most effective, but it was a political force that drove change. Foxconn factories having workers commit suicide and place safety nets around buildings w…

>You don’t need political will in other nations. Yes you do if you want to change their labour laws.

> Yes you do if you want to change their labour laws.

You aren't changing the labour laws in their nations.

If firms want to trade with American firms, then they have to have certain work norms that they abide by in their contracts/.

Re: Cisco workforce reductions

#239

Post by hansmayer »

> Today we announced our Q3 FY26 earnings with record revenue of $15.8 billion, up 12 percent year over year, and double-digit top and bottom-line growth. The ELT and I could not be prouder of the growth you have all delivered for Cisco.

What a sick, deeply disconnected opener. Essentially a big FU to their employees. All these AI-first geniuses will eventually bring about is people intentionally slowing down their "productivity" while maxxing the shit out of the company token budget.

> We have important, impactful, and consequential work ahead. Your focus, resilience, and leadership are vital to our growth and relevance in FY27 and beyond.

The message here is - generate more with less, so we can layoff even more of you. At some point even the dumbest, most loyal corporate shills will start to get it.

Re: Cisco workforce reductions

#240

Post by davidcollantes »

> Today we announced our Q3 FY26 earnings with record revenue of $15.8 billion, up 12 percent year over year, and double-digit top and bottom-line growth. The ELT and I could not be prouder of the growth you have all delivered for Cisco.

Great! A successful company, right? Ah, but then:

> we are making changes today that will result in the reduction of our overall workforce in Q4 by fewer than 4,000 jobs, representing less than 5 percent of our total employee base.

I wouldn't have put those two together so close, nor in the same announcement.

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