Cisco

Is it true that CISCO is going to lay off 7% of its employees? Why are there so many layoffs happening in these times? Is technology taking our jobs?

In Cisco insurance benefits, there is a co-pay for self and family. Is anyone aware whether with top up premium, this copay could be completely waived?

- Cisco shares surged in after-hours trading following the announcement of a 7% global workforce reduction and better-than-expected quarterly results. - The company reported adjusted earnings of 87 cents per share and revenue of $13.64 billion, surpassing analysts' estimates. - Cisco's restructuring plan will incur $1 billion in pretax charges, with $700 million to $800 million recognized this quarter. - This marks the second major layoff this year, following a 5% workforce cut in February, as Cisco navigates declining sales in its core networking business. - Despite a 10% revenue drop in the fiscal fourth quarter, increased subscription revenue from the Splunk acquisition helped Cisco outperform expectations. Source: [CNBC](https://www.cnbc.com/2024/08/14/cisco-csco-earnings-report-q4-2024.html)

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Hi Everyone, I have interview scheduled in CISCO for a Java + Spring Boot Developer. Any suggestions on how can I excel / any one have recently given interview in CISCO. please let me know the experience.

How was experience getting laid ;)

Completed 3 years at Cisco this month as a Hardware Engineer, joined straight out of a tier-2 college in 2021. Over my 3 years, what I've learnt is that Cisco is just riding on the monopoly it has in the networking space. There's basically no innovation when it comes to Router hardware, and we basically reuse existing designs, packaging them as "newer and better" products. No risk, no Ishq 🙁 There's absolutely zero investment in R&D, and any new feature that gets added to the products only comes in after one of the competitors launches them, keeping Cisco behind in the game. If Cisco keeps going like this, I'm sure the likes of Arista and Juniper will over us in the next couple of years, even with the new "Silicon One" that Cisco's promoting. PS: I can only speak from a Hardware PoV, and I'm not quite updated with what's going on with Cisco's SW offerings.

https://www.cnbc.com/2024/02/14/cisco-cutting-5percent-of-global-workforce-in-restructuring-move.html