Topics regarding layoffs at Digital River Inc.

Topics regarding layoffs at Digital River Inc.

they deserve to be in court for this...

this whole thng is unbelievable. digital river didn’t just go under. they straight up stole from us. they kept the money customers paid for our products and just never sent it. months of payments missing. they knew exactly what they were doing... — read more 

Layoff 2025

Here comes another round of layoffs. Human Resources will be replaced with a 3rd party vendor. What does that tell you for the future of the company?

It’s done.

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 

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Post ID: @OP+1v6ckGhZ

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 

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.

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Post ID: @OP+1tKUyG5y

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.

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Post ID: @OP+1q8FZjuH

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 

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Post ID: @OP+1q4ryKDH

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 

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 

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Post ID: @OP+1p1moi03

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.

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Post ID: @OP+1oUYoUfz

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.

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Post ID: @OP+1nHcbCiP

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 

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.

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Post ID: @OP+1mxfpIjw

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

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Post ID: @OP+1hfeutaY

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.

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| 1401 views | | 1 reply (last )
Post ID: @OP+A7Nl6nP

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