Thread regarding Cisco Systems Inc. layoffs

What does LR stand for

An Intel employee here / we have a thriving board here as well - cheers Cisco peeps

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The previous CEO wanted to pretend he wasn’t having layoffs so he made up the phrase “limited restructuring” to sooth his fragile ego. Of course the term layoff itself came into common usage so CEOs didn’t have to say they were firing people (for a short time it refered to people who might be recalled after a short time if business conditions improved but I can’t point to a case of that happening in decades.)

As that CEO also pointed out doing annual layoffs is a sign of management failure and Cisco has been doing it for a decade, so he has unintentionally but correctly defined his and his successor’s performance as failures. You can fail like this forever if your customers will pay the absurd margins requires to cover the underlying failures in makets which really aren’t contested.

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Lucky Rascal

HR walked into the office the other day and were cheerfully along, who wants to be a lucky rascal.

The whole office jumped for it, but they only took a third of them.

Those who weren't selected are now suffering post-LR disorder...

True story.

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I always thought it stood for Labor Reduction .

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It stands for Limited Restructuring, it's a Cisco term. here in UK it's called a redundancy, in the US they call it layoffs and in Canada it's surplus.

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LR =Lightly Resuscitated .. until next year.

It is similar to the concept of "fattening up the goose/turkey/lamb/goat/cow" for the sacrifice ritual held every year by Cisco .

The animal is kept alive - just enough/until - to meet its ultimate end.

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LR =Lightly Resuscitated .. until next year.

It is similar to the concept of "fattening up the " for the sacrifice ritual held every year by Cisco .

The animal is kept alive - just enough/until - to meet its ultimate end.

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Not to be confused with ER for Early Retirement

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A limited restructuring, but I prefer another 'layoff round'

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Last Rites

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Limited Restructuring

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LR= lay rof

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LR is Layoffs in CIsco speak but, it stands for Limited Restructuring.

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LR stand for new Light Router we making using Intel chip for great progress.

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