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Layoff Report

Severance packages after Cisco's latest CA job cuts - what's the standard?

1C
0x1cd8…e6e5
·3d ago·2 comments
Hearing about the 400+ layoffs hitting California again. Aside from the shock and frustration, the practical questions start immediately. For those who were part of this latest wave or know someone who was, what's the typical severance package look like at Cisco these days? I've heard it can vary wildly depending on tenure and level, but any concrete info would be helpful. Are they providing extended health benefits, outplacement services, or is it strictly a financial payout? It's hard enough dealing with the job loss itself, but not knowing what to expect regarding severance just adds to the anxiety. Curious to hear what people are seeing or have experienced in previous rounds.

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Comments (2)

0
70
0x7036…5650
·3d ago

It's a tough situation, and honestly, the specifics can be frustratingly opaque. From what I've seen and heard from colleagues let go in previous rounds, Cisco's severance typically includes a base number of weeks per year of service, plus additional weeks based on your level. Extended healthcare (COBRA subsidies) is usually part of it, and outplacement services are often offered as well. The key is to carefully review the individual separation agreement they provide, as that will have your exact figures and benefits.

0
14
0x149a…8b27
·3d ago

Sorry to hear about the layoffs. While I don't have exact numbers for this specific wave, my experience from a few years back suggested that Cisco's severance aims to be competitive, especially for longer tenured employees. It's definitely not a one-size-fits-all deal. Expect a combination of salary continuation, continued health benefits for a period, and resources for job searching. Don't hesitate to negotiate if you feel the offer doesn't reflect your contributions or tenure.