We finally got official confirmation on what we've all been saying has been going on for months: layoffs. At least a couple of hundred folks were kicked out since January. I wish the management told us sooner what was going on. The rumors have been... — read more
Layoffs acknowledged in earnings call
And here it is ... from https://www.fool.com/earnings/call-transcripts/2020/02/11/akamai-technologies-inc-akam-q4-2019-earnings-call.aspx Moving on to earnings. It is worth noting that our Q4 GAAP results include a $10 million restructuring... — read more
Can we expect more layoffs today?
More than a hundred people cut yesterday at Akamai. Do we know for sure that was it?
Here it comes again
Heard a rumor. Probably one day this week, 13 Jan 2020.
Akamai does not actually develop any technology
Remember, Akamai is really just a bunch of web caching proxies (Squids). They have a lot of contracts with a lot of companies, and that can sustain a company for a while. Akamai does not actually develop any technology. Instead, they buy smaller... — read more
Akamai lay off in US Mar 2019
In the name of focussing investment in new areas of business, Akamai eliminated 120 positions primarily in US. The real motive of the layoff was to move the jobs to low cost countries like India, Costa Rica and Poland. Akamai is still hiring and... — read more
Absolutely appalling leadership at Akamai
They laid off people who actually did any work at Akamai, while the Vice Presidents, Directors and all their ancillary staff who contributed so little and were the fundamental reason for cost overruns have been spared. Not to mention frivolous... — read more
400 Laid off
Layoffs happen, but they don't have to happen like this. Confusion, rumors, chaos, fear. Zero communication whatsoever. Just guards roaming the halls, people sobbing with boxes, access revoked like criminals, managers telling you to keep quiet. 7... — read more
LAYOFFS @ AKAMAI 2/6/18
EXTENSIVE LAYOFFS @ AKAMAI
2017 layoffs, around 150-200 people being fired
Akamai's media business will fire around 150-200 people come December. Lots of products are being eliminated.
I'm a current employer of Akamai. CEO said in all hands - the pace of hiring is slowing down, but no plan for layoff.
Any updates on 2016 Layoffs at Akamai?
I left in 2014 and heard that you may be having significant cuts in 2016. Any truth here?