Cisco Layoffs 2024 Severance Package. The 4 months of severance, the grossed up cobra payments, and additional weeks of severance based on years of service are all dependent upon you signing the agreement not to sue, which is cisco's way of bribing you by being pretty generous w/ the package. Cisco executives did not give a number for.

It is higher than normal at one time and there are more coming the next 3 quarters according to the earnings release. Cisco’s february layoff of about 4,000 employees should have left the.