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CISCO lay offs

Chalanachithram.com DB » New TF Industry Related » Archive through August 19, 2016 » CISCO lay offs « Previous Next »
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Jeffa
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Username: Jeffa

Post Number: 724
Registered: 10-2012
Posted From: 146.92.197.232

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Posted on Thursday, August 18, 2016 - 12:39 pm:       

In 2009 it was the same story, our entire group was laid off from the level of VP and down. In reality its a relocation, not a layoff. Each position was opepend either in the RTP or in India. Folks were given an option to APPLY for the SAME position(from which they are being laid off) in RTP/India where ever it was REOPENED. If we apply, its a direct posting, if not.. having fun. But it was a HELL LOT of severns package. One Stanford grad(started with grade 6 in my team 3 years back to that time), hit a gold pot by racking up around 6 months package and an immediate next day job in Palm, Inc. Cisco really plays re-structuring in the name of layoffs.
Last week a classmate of mine who has been working with Cisco since 1993 has left for Intel. He was the biggest loser now since if he would have laid off in this sweep, he might have racked up a SUPER HELL LOT of severns package.
But he got unimaginable offer from Intel though.
 

Manthri
Comedian
Username: Manthri

Post Number: 1067
Registered: 02-2013
Posted From: 104.129.200.69

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Posted on Thursday, August 18, 2016 - 12:06 pm:       

Lol
All desi managers and kickbacks from consulting companies and their companies , added more n more resources in last few resources
 

Politricks
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Username: Politricks

Post Number: 20024
Registered: 03-2008
Posted From: 160.83.73.18

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Posted on Thursday, August 18, 2016 - 10:59 am:       

Number is 5500

Bharat

"I heard some of them were given the option to move to RTP"


Cool! Same story with some others like CITI Group encouraging to move to DALLAS from NJ, METLIFE encouraging to move to CARY, NC and our bank filling positions in CARY, NC by not hiring in JERSEY CITY! LOW COST Centers!
 

Kingofandhra
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Username: Kingofandhra

Post Number: 3058
Registered: 08-2009
Posted From: 199.167.52.5

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Posted on Thursday, August 18, 2016 - 10:59 am:       

Most of the scrap in IT who are from Satyam etc main target anta ...and CSCO is doing good job with alpha BU's in place.... Way to go chuck
All my views in web world are personal.. If things work other way in future, I am not responsible as I am not spokesperson for any org/individual/party
 

Kingofandhra
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Username: Kingofandhra

Post Number: 3057
Registered: 08-2009
Posted From: 199.167.52.5

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Posted on Thursday, August 18, 2016 - 10:58 am:       

14000 is initial rumor ..later 5500 official news...asusual lemonrice by GA :D
All my views in web world are personal.. If things work other way in future, I am not responsible as I am not spokesperson for any org/individual/party
 

Bharat
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Username: Bharat

Post Number: 2682
Registered: 06-2015
Posted From: 199.90.60.4

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Posted on Thursday, August 18, 2016 - 10:48 am:       

I heard some of them were given the option to move to RTP
 

Thikka_sankara
Legend
Username: Thikka_sankara

Post Number: 30180
Registered: 02-2012
Posted From: 122.164.214.73

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Posted on Thursday, August 18, 2016 - 10:45 am:       

5500
It's the victims that don't belong to a religion -- reference intended
 

Rahul
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Username: Rahul

Post Number: 5582
Registered: 12-2010
Posted From: 168.159.160.57

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Posted on Thursday, August 18, 2016 - 10:38 am:       


Savyasachi:


last 1 1/2 years ga most hardware tech companies are downsizing kada..indulo kothaga emundi.
 

Andhravodu
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Username: Andhravodu

Post Number: 2271
Registered: 07-2015
Posted From: 69.62.241.11

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Posted on Thursday, August 18, 2016 - 10:36 am:       

number revised already. ippudu 6500 antunnaru

basically, cisco brought 11 companies sometime last year, and they don't need all redundant positions
Some things don't change. the rest are useless
 

Savyasachi
Comedian
Username: Savyasachi

Post Number: 1262
Registered: 12-2013
Posted From: 98.230.31.93

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Posted on Thursday, August 18, 2016 - 07:55 am:       

http://telugu.greatandhra.com/politics/political-news/jobs-a xed-in-hardware-industry--73633.html

cisco is cutting down 14000 jobs. GA gadu projected everybody will start cutting jobs and the same regular Bull. i dint care much about the article itself but i saw a hilarious comment below. some dude want govt to help SW engineers just like it is helping farmers during floods or karuvu when they get laid off. goppodu govt assistance lo kuda farmers to compete avutunnadu.

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