LayoffBlog.com

December 8, 2008

Rumor: Cisco Systems to lay off IT contractors

According to rumors from insider sources*, Cisco Systems to cancel several internal projects (including Web 2.0 and R&D projects), laying off IT contractors, most of them are H1B visa workers. Cisco IT contractors are not actual Cisco employees, they are working through ‘vendor’ companies (also known as ‘body shops’). But the layoffs are real. Most likely these layoffs will not be listed in the Company layoff statistics.

Update (02-04-2009): Cisco Systems: Possible large (up to 10 percent) jobs cut in 2009

Update (02-24-2009): Rumor: “1800 More just got laid off at Cisco”, Austin, TX

Update (02-25-2009): Cisco Confirms Global Job Cuts

Update (03-12-2009): Cisco quietly downsizing through outsourcing

*WARNING: We cannot guarantee the accuracy of information as it is only an individuals point of view. We will investigate and/or omit any complaints of inaccuracy.

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