What is Cisco's compensation policy when Cisco fires its employees? Will they give 3 months salary?

0 votes
asked Jul 24, 2012 by anonymous

Today Cisco announced that it would cut 1700 employees.Will cisco compensates these employees with say, a three (or 6) months salary? Can somebody clarify the Cisco's policy in this regard?

1 Answer

0 votes
answered Jul 25, 2012 by anonymous
A 3 months salary is paid in India to the victims who are fired.
commented Jul 26, 2013 by anonymous
Only this point seems to be not clear in Cisco. The latest correction seems to be a 1 month's notice on both sides and the compensation will be either 1 month notice or 1 month salary, if fired immediately.