1.0
Feb 28, 2014
Recommend
CEO approval
Business Outlook
Pros
On-site medical, fitness center, and child care Campus environment Historically good bonuses and benefits Camaraderie in workforce (at least in the past)
Cons
Unstable business model where reductions in force are a regular way to trim costs. If you look at Worker Adjustment and Retraining Act (WARN) notifications that Cisco has had to file in the last several years, here are the results in terms of number of employees laid off in San Jose by date: 10/18/13 - 899; 9/21/12 - 291; 8/19/11 - 1051; 7/18/11 - 55; 8/21/09 - 15; 7/31/09 - 6; 7/16/09 - 704; 6/16/09 - 22; 6/15/09 -25; 5/30/09 - 127; 4/24/09 - 233...and so on.