A10 let go a number of people (10-20) in their north american sales organization, inducing the VP of sales for the America's and mexico. The company cited lowered revenues than expected, and a need to cut costs.
Their revenue recognition issues that delayed Q417 earnings are real and definitely skirt the line of what is acceptable and common business practice. Laying off substantial amounts of sales and channels with no mention in the press is yet another... — read more
Once they lost to Brocade, not Broadcom, they should have been sold for parts.
Unbelievable that A10 lays off a considerable percentage of field sales on April 5th, 2018, including execs, and ZERO mention in the press. A10 is a very dishonest company.