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Genband Layoffs

Messages relating to layoffs at Genband are presented below the company info.

Genband

Company information:

Industry/Area of Activity:
Telecommunications, Telco, Communication and Electronic Communication
Company Stock Ticker:
Private company. No ticker. Not Listed.
Stock traded at:
Not applicable
About Genband:
Genband builds technology that allows fixed wireline and wireless companies to migrate to next-generation networks. According to Genband's CEO Charlie Vogt, all telecommunication networks globally will be IP-based by 2020, creating both greater interoperability and greater security challenges. According to Genband's CEO Charlie Vogt, all telecommunication networks globally will be IP-based by 2020, creating both greater interoperability and greater security challenges.
Revenue information:
Genband is located in Plano, TX (Texas). It was established in 1999. 2004 estimated revenue was $4.9 million. 2007 Estimated revenue was $93.7 million. It's estimated that it employed 550 resources in 2008. You can visit Genband's website here: www.genband.com

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Posts regarding layoffs at Genband

Go to thread Anonymous4946, Saturday 02/22/14 06:41:55 UTC

What does Genband do?

Just need a little bit of information, doing some research
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Go to thread GenbandCustomer, Friday 01/24/14 10:29:00 UTC

What is really happening in Genband ? Here in Asia, the Quality of the support team is very disappointing.

Reply to this post | This thread: 59 views | No replies yet
Go to thread Anonymous3504, Thursday 01/23/14 20:14:26 UTC

Incapable Management

Pretty short sighted, you'll see this company fail over next 5 years
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Go to thread Anonymous2746, Wednesday 01/15/14 01:58:45 UTC

Pulling the strings

Guess who is pulling the strings at Genband - not for much longer though
Reply to this post | This thread: 103 views | No replies yet
Go to thread Tooshyshy, Monday 05/06/13 03:27:43 UTC
This blog is as dead in the water as Genband
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Go to thread who owns genband, Sunday 02/24/13 08:29:10 UTC
anyone KNOWs
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Go to thread kipper9779, Friday 12/28/12 06:54:49 UTC
I hear that they are starting to revamp their sales department by putting together a brand new inside sales team.
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Go to thread taggs (Technical Sales), Sunday 12/23/12 18:21:17 UTC
I also had purchased stock options in the 2000-2002 time frame, I was informed that they did a 1 for 10 reverse split. This left me with 1/10 of my options, but I am still holding on to them. Are these worth anything if Genband eventually does go public? Just hoping...
Reply to this post | This thread: 30 views | No replies yet
Go to thread can you buy direct of genband, Wednesday 12/05/12 17:41:42 UTC
please let me know
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Go to thread DJinTX, Thursday 11/15/12 03:50:35 UTC
I was at genband nearly 3 years in 2000 - 2003.. I purchased stock options, some were purchased back. Does anyone know if they have any value? I know the company is still privately owned. Thanks
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Go to thread Mildred, Friday 11/09/12 15:17:04 UTC
From the sound of it, layoffs will be increasing even more! Do you have a Plan B? Work At Home United has been helping families achieve financial stability for years... don't wait till you get your layoff notice. Take action now. Visit www.mom2six.com
Reply to this post | This thread: 25 views | No replies yet
Go to thread Bystander, Monday 10/01/12 12:19:24 UTC
There goes a tumbleweed....
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Go to thread Genbander, Thursday 08/16/12 03:01:36 UTC
Dear Anonymous Customer Service, You are definitely one of the lucky ones. Not only did you survive the Nortel layoffs and get those one or two highly controversial bonuses durings Ch 11 but you made it last long enough at Genband to be shown the door, if you will, with a handsome thank you only to land on your feet at another job. I gotta ask you: How did you do it? Who do you know? And, how generous or miserly are Genband severance payments these days?
Reply to this post | This thread: 32 views | No replies yet
Go to thread Anonymous (Customer Service), Monday 08/13/12 23:51:28 UTC
Getting laid off from Genband was one of the best things to happen to me. I got a fair serverace based on my many years at Nortel, I left the pressure cooker, got some nice contracting gigs where thngs are being built and not torn down AND got more money. PLUS my clients really appreciate my work. There is life after Nortel/Genband and it is goooood!!!!!
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Go to thread ExGenband (N/A), Saturday 08/11/12 04:32:44 UTC
In addition to the Bora-Bora / Four Seasons outing, GB conducted a lavish off site sales meeting at a Scottsdale, AZ resort the previous week. Hundreds of employees involved in sales and supporting roles participated. This behavior has been taking place for many years! One of the most profound changes took place when GB purchased Nortel’s CVAS business. The massive layoffs that followed left Genband with partially utilized Nortel campus buildings, significant overhead, and a business culture that mirrors failed Nortel. Wireline products and services, a significant part of Genband’s business, is in decline as a result of increased focus on wireless networks by major carriers. GBs financials are unacceptable to their investors. The end result will be a continuation of layoffs, an increasingly difficult work environment and inability to deliver products and features in a timely manner.
Reply to this post | This thread: 27 views | No replies yet
Go to thread ex-Genbander, Wednesday 08/08/12 23:03:43 UTC
New layoffs today.
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Go to thread ex-Genbander, Wednesday 08/08/12 23:03:32 UTC
New layoffs today.
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Go to thread ex-Genbander, Wednesday 08/08/12 23:03:16 UTC
New layoffs today.
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Go to thread ex-Genbander, Wednesday 08/08/12 22:43:10 UTC
New layoffs today.
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Go to thread Anonymous2, Thursday 08/02/12 21:00:59 UTC
Yep, there's been mgmnt changes alright in CALA. Carlos Brito left end of 2011 and then Felix Guanche stepped into that role only to be let go in June. Bert Valdes is now the go to guy for CALA sales. Other comments welcomed!!
Reply to this post | This thread: 35 views | No replies yet
Go to thread Oropesa, Thursday 08/02/12 03:20:05 UTC
continue: Can anyone confirm if those layoffs were in Mexico, Brazil or Miami/Ft. Lauderdale?
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Go to thread Oropesa, Thursday 08/02/12 03:18:32 UTC
Hello, I'm hearing there were layoffs at Genband's Latin America sales operations in June or July. Can anyone confirm?
Reply to this post | This thread: 25 views | No replies yet
Go to thread Anonymous, Saturday 07/28/12 03:07:11 UTC
Such a small company with so many CXO, so many managers, ridiculous!
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Go to thread Anonymous, Thursday 07/19/12 02:59:02 UTC
I do not see why you guys see all in negative light - Genband is a good company if compared to other places where I worked before. Yes, layoffs happen but workforce reduction is something that all companies engage in...
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Go to thread Anonymous, Wednesday 07/18/12 07:55:32 UTC
Here we go again
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Go to thread LTEbob, Saturday 07/14/12 18:29:18 UTC
It's not getting better. Another layoff is about to occur following very soft 2Q12 sales but this should come as no surprise as sales are around 1/2 of their origional plan. As stated in my earlier posting, use this time wisely (to find another job). If you receive a Genband job offer, run!!
Reply to this post | This thread: 55 views | No replies yet
Go to thread Anon customer, Thursday 07/12/12 06:13:14 UTC
I heard as well as the packet line gateway, the c15 development team has been pretty much disbanded. Anyone able to confirm that?
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Go to thread Anonymous, Sunday 06/03/12 00:50:21 UTC
The only regret is working so hard for it.
Reply to this post | This thread: 24 views | No replies yet
Go to thread Anonymous, Sunday 06/03/12 00:47:39 UTC
No longer a Genbander...
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Go to thread Disappointed Customer, Sunday 05/27/12 17:42:40 UTC
Too funny....Casper the Ghost. Totally agree the GENBAND support is lacking. Wish I would have met that AAA, anybody know where he is today?
Reply to this post | This thread: 25 views | No replies yet
Go to thread Concerned Customer, Sunday 05/27/12 17:33:11 UTC
I could not agree more with the comment from "Looking for Legacy GENBAND" on bringing that guy back. He took ownership and made things happen even when his team should not but he was all about getting it done and keeping us happy. The CEO definitely needs to take a step back and look at the invisible Customer Service Mgmt team he has in place at the director level up. The VP is in Ottawa and from talking with other customers he is a joke, Casper the Ghost.
Reply to this post | This thread: 24 views | No replies yet
Go to thread Looking for the Old GENBAND, Sunday 05/27/12 05:41:10 UTC
Two Buck needs to overhaul the Custmer Service organization starting at the top and much of the second layer. The top seat is a former Nortel Supply Chain guy who took over Support towards the end so hardly a seasoned vet to run the group. Many legacy GENBAND customers can't believe the Nortel Services regime pushed out the best service guy Legacy GENBAND had and TWO BUCK needs to bring him back, Bring back Triple A to mop this mess up. You could call that guy day or night, weekends or holidays and he would answer or you received a prompt callback. This multi-layer support structure is dated so Two Bucks spend a couple dollars and time to bring back a support leader us customers believed in before this Nortel Regime destroys you and this company.
Reply to this post | This thread: 23 views | No replies yet
Go to thread Anonymous, Sunday 05/27/12 05:22:59 UTC
@anonymous2, the reason customers still do business with this company is only because they are not yet ready to transform their networks. When they do it will be Metaswitch and Sonus who win the business. Watch what the company does when they lose Verizon, AT&T or both.
Reply to this post | This thread: 28 views | No replies yet
Go to thread m16fullauto (management), Monday 05/21/12 22:34:38 UTC
Genband only care about the executives and their so called IPO. Mark my words, they will be bankrupt before Christmas 2012. A company can sell "boxes" as long as service and support is provided after the sell. GB only cares about the dollar and nothing else. Do keep in mind that a LOT of Nortel management that drove Nortel into the ground are in executive leadership positions.
Reply to this post | This thread: 48 views | No replies yet
Go to thread LTEbob, Tuesday 04/24/12 01:42:51 UTC
Genband's recent layoff, the week ending 4/20/12, negatively impacted 20-30% of their employees. Product engineering in China as well as employees in Europe and the US were affected. It also appears that Genband is retreating from their Packet Line Gateway strategy based on several key positions that were associated with that effort being eliminated. I agree with the previous comments, GB must be a miserable work enviornment.
Reply to this post | This thread: 22 views | No replies yet
Go to thread anonymous2, Tuesday 04/24/12 01:16:50 UTC
With the exception of a small inner circle of management, Genband is one of the most unstable work enviornments in telecom. Revenue growth is through acquisition followed by judicious use of headcount reductions to control costs. The resulting work place make product deliverables, sales objectives and long-term customer relationships difficult at best. If you are offered a job at Genband, run! If a curent employee, use the opportunity to find a position with another company that values your hard work and loyalty as you are expendable at Genband. Genband's recent acquisition, Aztek Networks, was named one of the 10 best companies to work for in Colorado; Genband has never and will never be the recipient of a comparable award. It's amazing to see large carriers doing business with an unstable and self serving company uncommitted to their long term success.
Reply to this post | This thread: 24 views | No replies yet
Go to thread anon, Tuesday 04/17/12 18:00:07 UTC
Another 20% RIF this week. very sad.
Reply to this post | This thread: 21 views | No replies yet
Go to thread Anonymous, Friday 12/02/11 13:39:30 UTC
Another 10% cut this week, Merry Christmas from Two Buck
Reply to this post | This thread: 19 views | No replies yet
Go to thread scuttlebutt, Thursday 05/19/11 22:05:42 UTC
Confirmed. Genband layed off about 100 people today. One of Genband's Core Competencies is laying off people. Great job "Two Buck" Chuck!
Reply to this post | This thread: 59 views | No replies yet
Go to thread Anonymous (Genband), Wednesday 05/18/11 19:44:59 UTC
Genband laying off big time today. Is this Rumor True
Reply to this post | This thread: 22 views | No replies yet

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