Cisco India earmarks Rs 63.5 crore to provide financial support to staff amid Covid-19 crisis

US-based networking solutions provider Cisco is making a “one-off payment” of about Rs 63.5 crore towards supporting staff in India during the second wave of the Covid-19 pandemic. A Cisco India employee shared a post on LinkedIn saying the company is providing a ‘crisis financial assistance’ under which employees in the country are being given Rs 50,000 each.

The company is also offering additional paid leaves for volunteering work, vaccination cost coverage, and salary advances to support its staff in the country, the post said.

When contacted, Cisco – in an emailed statement said – the company continues to explore new ways to expand the resources available to its employees and their families.