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Cisco is good for fresh graduates or managers

Software Engineer IV
Current Employee
Has worked at Cisco for 20 years
July 10, 2012
3.0
RecommendsNeutral OutlookDoesn't Approve of CEO
Pros

4 weeks of vacation.

Matured products mean a less stressful schedule.

Flexible working hours (family friendly).

Around 12.5% or more bonus for employees.

A very nice program (known as CHOiCE) for fresh graduates; they can join any group they want.

Early retirement package for engineers 50 years old and above (you will get 1 year's salary + a 2-year health insurance package).

Cons

No more free drinks.

No more stock options or restricted stock for engineers (only the top 10% of engineers and all managers or above will receive restricted stock).

No annual fancy Christmas party (except for the sales department).

Most of the new, interesting projects will finally fail (like Cius tablets and Flip Video).

A lot of fighting among the vice presidents of different business units.

Expect company-wide layoffs once in a while (last layoffs were in 2011 and 2009).

The senior executives are not as sharp as they used to be, and the CEO wants nobody to challenge his position.

Advice to Management

Don't fight, please. Work together as a team.

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