Sell for $8, after Broadcom years prior offered $9.25 and then $11.00. In May 2015, tell the 1,200 employees this is great deal for everyone, then leave with $5 million. Benck now CEO of penny stock Lantronix. 600+ employees fired. But he has his... — read more
What's left of the old Emulex?
Has a semblance of the of the 1000+ headcount pre-acquisition stayed intact? Any of the facilities still open? For sale signs on the Costa Mesa HQ campus?
How is Avago treating Emulex?
Opinions?
Any news on what's gonna happen on day2?
Will our ethernet still be around or with they go with brcm solutions?
How to kill a company....
Business schools will soon case-study how a company with bright engineers were run to the ground by management of yes-men with subpar technical and no market awareness. Intellectual property left in the hand of remaining management is like handing... — read more
Cleanup unfinished
Several positions in Costa were offered to appease some execs. Will be cleaned up when the execs themselves are chucked.
Bye-Bye Uncle Jeff
Maybe Benck can find another company he can run into the ground and then sale it off at a discount then let it get Hock'd. Or, perhaps join Carly on the campaign trail. They seem to be a match made in Tech Hell. Hopefully Uncle Jeff chokes on his... — read more
Time for a start-up?
Let's show em who should be wearing the brown pants now!
Roseville site shut down
Roseville site will be shut down. Everyone at Roseville will be laid off.
Vaya con Dios.
We've reached the end of this road. It's time to choose another.
No layoffs on Day 1
No layoffs on Day 1, Avago. -HT
Deal close
Deal close date May 4th
Emulex Austin Layoffs 2015
Do you think we will be having layoffs in Austin? I hear many rumors but if someone can confirm, that'd be great.
It's confirmed .60% cut. Brace for impact..
Its confirmed . 60% layoff. CM to be most affected. Roseville will see some disappointments too. SJ and Austin will be 'almost' intact. Note : 'Almost' Any wise person who is low in food chain would start looking for a new job by now.
Not 80% but around 50% cuts
to begin with
Costa Mesa Layoffs 2015
That's what I hear, I heard it will be massive
80% layoffs one avago overlords takeover
writing is in the wall
No layoff for now
No layoff for now come back next year
Endace Layoffs occurred on June 27th.
Not sure how many were affected.
Emulex executive salaries info
Where can I find info on Emulex executive salaries? Is this info public?
Bolton, Mass - Plant Closure
Has this been completed?
@ Activist Hedge Funds save company
Best summary ever...
Activist Hedge Funds to the rescue
McClowny ran the company poorly. Activist hedge funds took control, forced CEO and board change. Company thought it was clever by enacting poison pill, but hedgies easily maneuvered themselves on the board. Emulex was paraded for sale (hence quick... — read more
Endace was a failed gamble by execs...
Execs dumped a ton of money in Endace to make elx less attractive to head off institutional shareholder takeover. Shareholders outflanked execs and caught them with their pants down. Layoffs are the result. Enjoy.
More detail
Does anyone have more detail about 100 people let go this month?
Endace
Endace will solve all of our problems, - do not worry New Guy
Safe in Kiwi land
Well, it seems the only safe bet in Emulex now is with Endace. They get their merit increase and were exempt from cuts and are expanding. Plus, it seems they are driving the direction of the company to focus more in the NIC space. Sounding more and... — read more