"Layoffs" Cisco America starts layoffs China not notified

On the morning of August 4, on July 19, Cisco announced that about 6500 people were laid off, and Cisco said that the United States, Canada and several other countries will be notified of the first week of August. Yesterday, Cisco's US employees said they had been notified of layoffs, August 19 will be the deadline to leave Cisco.

Cisco U.S. employees have been notified

"We have colleagues who have been notified of layoffs and have been called in to talk to the boss," said a U.S. employee working in Cisco yesterday. In accordance with the previous notice, the list will be published August 2-4th. ”

Unlike previous layoffs, Cisco is adamant: "Cisco used to find jobs within 3 months, and this time it was not lay off (dismissal) but axe." "This means that anyone who goes into a layoff list has to go through formalities and the internal adjustment is impossible." August 19 will be the deadline for leaving Cisco.

In http://www.aliyun.com/zixun/aggregation/10022.html "> Severance compensation, Cisco has said that the cumulative pre-tax restructuring costs, including severance payments and other one-time severance benefits will not exceed 1.3 billion U.S. dollars. The amount of severance payments to everyone is unclear. "It used to be a six-month salary and I don't know how much this time." said the employee.

The employee said the job cuts are based mainly on product and line of business adjustments. Earlier, Cisco CEO Chambers had said that for Cisco's business restructuring, some new product development departments would be cut, and the withdrawal of some non-core business, will also improve the structure of the sales department.

Chinese employees say "calm"

Compared to the anxiety of Cisco's employees in the United States, employees in China are "calm".

Cisco has not been notified of layoffs in China until July 19, as it is understood.

But a staff member working in Cisco, Shanghai, said, "from the momentum of this layoff, China is not immune to layoffs." ”

In the case of Cisco's American colleagues, the employee said, "There are discussions within us, but there is no fear for layoffs." ”

"From the economic crisis to Cisco's internal adjustment, there have been several layoffs, we have been accustomed to." "Compared with American colleagues, the U.S. is relatively difficult to find a job, we are relatively easy to find a job, and many are technologically mature engineers, to peer enterprises to work is not too difficult." ”

Cisco's biggest layoffs in history

Cisco's last round of mass layoffs came in 2001, when Cisco laid off 8500 people, accounting for 18% of all Cisco employees.

July 19, Cisco announced 6500 layoffs, Cisco's set-top box production plant in Mexico is also sold to Foxconn, 5,000 employees will be transferred. Cisco's total layoffs will reach 11,500.

According to statistics, as of the end of April this year, Cisco employs 73408 people. The layoffs could be the biggest in Cisco's history, accounting for 15.7% of Cisco's total staff.

(Responsible editor: Lu Guang)