The new owner has plans to completely shut down operations in November, and the head of HR is lying to employees about the future of company. No severances will be available, and going bankrupt enables the owner to walk away with the money and not... — read more
Can this be true?
Next round will hit you soon. NO SEVERANCE AT ALL. Leaders lying daily about the health of the company. Bills are not being paid. This isn’t a sinking ship, it’s a ship that left everyone at the dock while they take the money and run. I'm asking... — read more
No Payment for Software Resellers
Seems DR no longer pays its software partners. Since July we have been waiting for our money for the products that DR has been selling to our customers. No response from support, no reaction in any way...
Another round of Layoffs
Another round of Layoffs - many great people are being laid off and have gone already. Company allowing Sales people to attend expensive events, but actually not drive any new clients, cutting clients, Senior Management team with no clue, CEO doesn't... — read more
This old article may have predicted the future of DR
https://www.thelayoff.com/t/9JXQMYo "Siris Capital" and "Realization Services, a Zionist group, headed by Barry L. Kasoff" appear in the final article
How bad will layoffs be?
Anyone have a clue? Judging from how it’s been so far, I assume it’s time to look for another job.
It’s Done
New owner laid off 100 employees a week after taking ownership. More to come after WARN act with EMEA areas. Horrible day for those who worked so hard for a select few to get rewarded. Bad, bad, bad day.
Sinking
No merit at all??!! All of our hard work, stretched beyond our means, and on top of NO regular employee bonuses, we’re told no merit increase. Sinking faster than the water can rise. Get out of this river. No safety devices to save you from... — read more
R I F
Are you ready for March? Who else can leave at this point? CV, resume, whatever you have, get to updating.
Yeah
What good is the A partnership that they bought to A’s partners are leaving them? Negative return.
Culture?
The culture enable horrible leaders to continue to treat employees horribly. Cussed out and asked to move numbers around to tell a lie are daily tasks in this culture. This is where careers go to die out. Stop allowing leaders to cuss employees out... — read more
Nov 15 - 17
Notifications coming Nov 15 - 17 for the yearly RIF at DR. Is your CV updated? Don’t wait. Remember, no bonus no merit no buyers. Why hit a 100mph for a c-suite that doesn’t care if you eat or starve. Also remember, they will eat fat. It’s in... — read more
The Final Countdown
Shot clock is counting down. You don’t have the luxury of a severance.
Here it comes
We simply are not an option to buy. Spent all the money on creating a tool, and buying a partnership in Abobe with NO results other than our bonus potential being dried up. Thanks decision makers! You still have an upside. Week after next. If you... — read more
The River is dry
ELT will get a bonus. You will not. It’s built in their contracts. Yours isn’t. No backfills. You will be stretched. You are being LIED to.
RESTRUCTURING AGAIN
Here is another restructure for you. One where we take your role away and “allow” you to apply to another that doesn’t pay the same upfront. Now you have a number to hit! But hey, this is good news for the company. Not you specifically, but we’re... — read more
No, we are not in it together.
No, Mr CEO, we are not in this together. Our bonus and merit gets wiped out in order to ensure yours and the entire ELT will get one. You said we’re in it together, but you’ll get a bonus. Stop acting like it’s not in your contract. We sell? You... — read more
All Employee
Why was the all employee moved to the last day of the month? Will any of us have a full time job come September? Anyone else notice how quiet it is lately?
3 x 9
Why would they show a 3x9 in July? Don’t be fooled into working harder and longer. Our finances are being hidden from us. Show us the 6x6. Not something that is irrelevant in July. Sink or swim elsewhere. No emergency funds.
Performance
If you are laid off, they set the message that it’s your performance. There was not a Yes or No. DR’s failure to lead will fall in your shoulders.
Who will be the target groups?
I am very worried and trying to focus on finding a new job quickly.
Layoff 2023
List has been compiled for a layoff. My leader said it’s done. That we are losing money. No revenue from recent projects. Top heavy salaries, but the heart will be cutout where the ones making decisions should be the ones gone. The great employees... — read more
September
Tighten those CVs. Network.
What summer hours?
We are told we have a benefit in summer hours but my boss does not play by that rule. Emailed at 1pm, texted 15 mins laters. Ended up working a full day. Am told that “we” don’t have the luxury for a half day. His boss does not like summer hours and... — read more
Mandated RTO
Get ready DR, a mandated RTO will be coming to your inbox. Remote employee? Good luck.
Customers Leaving
Experiencing massive customer departure in past 6 months. No one has hands on wheel. Engineering cannot keep things running.
For Sale
With the finance team removing themselves from everyone else, self promoting and constantly given more, it is no secret that this is to shield what they are working on from the rest. FOR SALE. DR will continue to sell parts of the business, level... — read more
Gone
Top customer success global leader out. Top sales global leader out. Who will lead us to an exit?
Mid April Sl------r
Another round at Digital River will see entire departments shutdown. Marketing will be outsourced. That contract being worked on now. Other departments that are rumored to be outsourced are PE, PO, and HR to include diversity. We keep doing the... — read more
2023 Layoffs at Digital River
January will see another group being let go. Sales are not good. CRO creating a horrible environment pitting leaders against leaders for no reason, or outcome other than everyone interviewing at other companies. CRO does not know what they are doing... — read more
Here we go, round 4
4th layoff this year. New CEO is not telling the employees the truth. 4th round to happen November 1st. Additional 20% will be told bye.
Here we go
Looking for a new owner. Not going well. Heard a RIF of 20% is on its way. 2022 is looking bad
2015 Layoffs at Digital River
We have laid off a ton of people in 2013. I think about 10% of the total work force was let go and that was not pretty.
What people?
What people?
We are letting people go as I write this
We are letting people go as I write this