With expensive acquisition and additional investment required for it - expect large lay-off in the next quarter. Anyone have more info on it ?
Topics regarding layoffs at F5 Networks Inc.
Seems like new round of layoffs may be coming soon.
Cross my fingers
They make us work at night. We have kids, families, but they don't care. yesterday HR pushed on us. This is harrassment
As the article reports, the company stated that it has appointed Edgar Dias as the new Managing Director of India. The new director will effectively start work on November 12th. The link provides additional information on this appointment if someone... read more
Today HR manager came to weekly meeting and forced us to work at night for free. This is unbelievable. With total management support. It's even worse than layoffs.
Read this article, and I have to recommend it as a really good read. I always said that if our services lacked anything, that’s simplicity, and if JF was brought in primarily to tackle this problem, then the management scored a good point for... read more
I've been hearing that because of good quarterly results, there will be no layoffs at least for the duration of this quarter. I'd like to believe this is true, but it sounds suspiciously like wishful thinking to me. If layoffs were already scheduled... read more
Instead of hiring developers, qa people were told to write code. Bravo! Want to have a car instead of a bike? Just write "toyota" on it and hurry up to success!
Third round in under 12 months. Most of these people don't fit in with the plan though. Traditional network model is dead and cloud fail fast is the future. Axing some dead wood will allow F5 to get into the developer lease model where you have... read more
I'm just wondering, because from where I'm standing whoever made the choice only used a list to pick from instead of making sure to include merit in decision making. We lost some of our best people! Where's the logic in that? Why wouldn't you take... read more
Layoffs are good for health of a company but like as with anything else, it is grossly misused and taken advantage of by targeting selectively as being biased. India and Guadalajara growth is good cost cutting measure, the more the merrier. Welcome... read more
Are we done with the layoffs for Q3? Will there be more in Q4? Not sure if the layoff was to remove deadwood as I see many good people and entire business units being removed.
I personally know three folks that got cut here. I am fairly new here, under 12 months. Godspeed.
Axing some dead wood will allow F5 to get into the developer lease model where you have temporary employees churn product out nonstop. Enjoy the ride!
Entire Lowell office is canned. Ryan was there to personally do the deed.
Is F5 India and Guadalajara being grown for shifting resources to low-cost countries, meaning more layoffs in Americas? It looks like IT and PD teams are moving to India and Guadalajara.
Bloodletting today. People being escorted out continuously throughout the day. Of course they don't call it layoffs but rather 'restructuring.' My team lost 6 of 40, and this was round two in 6 months
We all the stuff going on in this company, been considering taking this job. Want to hear your thoughts on the matter ? Is for a technical support role, better salary and stock options. Thank Guys
Our overpaid Executives are preparing for their new palace - which cost is staggering in Seattle. However - the worker bees have to go to help pay for this.... or is it releasing certain "types" of workers who do not fit the "new" diversity model?
Leaked plans for large amount of layoffs coming next year. CEO changing the focus of the company into different technology because the cloud and automation are the future, so there is no point in staying in our current tech stack. Those customers... read more
Yesterday there were more Layoff... this is just crazy, now support, PD and some architects were affected, number was of 34 persons so they didnt report. Rumors says the number will growth before december. btw my salary was reduced 31%... Time to... read more
Sept 28 another 100 people got layoff from F5. I don’t know where company is going. Almost 250 people in 30 days. I don’t why Wall Street is not noticing this. Company is going down the hill. Serverance package they gave is less than industry... read more
This is just unbelievable. They fired 6 programmers from traffix tel aviv PD, leaving 10 people, 6 of whom are lazy managers. Good improvement! Bravo!!!
There was a thread here earlier about some layoffs, but I don't see it anymore.
They had big poster on San jose office titled "We are Hiring" . I joined the company three months ago, gave hackerrank test, onsite interview, had worst time in the team, senior didnt want to help. And manager expected to solve complex OS problem... read more
What was the basis of these layoffs I wonder? Performance based or based on job role. Was it only 1 group affected or was this across the company? This was asked in another thread, but nobody answered, so I was hoping bumping it would get it more... read more
Odd that the Director of Integrity and the Chief Integrity Officer, and the Diversity Department (yes real positions) somehow have value to be paid enormous salaries, but moderately paid tech people actively working on projects had to go. No worries!... read more
The most recent layoff was poorly executed by management. Email announcements of "retirement" and not letting released employees back into the building. Employees will be mailed their their personal belongings. Sickening. It all brings an air of... read more
I wont be surprised if there will be a spike in "bad turnover" (essential staff F5 wants to keep) given this small layoff will leave people feeling uneasy ("Am I next?") and there's still a great job market. I know I'll start looking. You and me... read more
As one of the hit, my package was 6 months and continuing benefits for a month. But I don't know what it's like for others (they said it was based on time in company and the like) I agree with the above poster that, given the current market, I'm not... read more
Do we know if this round of layoffs at F5 Networks is over? I am scared of what might wait for me tomorrow at work. Although, no matter what they say, I will never be able to trust them again. It was specifically stated there would be no layoffs. And... read more
Lost over half our people yesterday in my group- 30 out of 50. The remaining 20 have no clue how they are going to keep up with demand. So many super talented individuals. Bad for F5; good for another company. F5 is being taken over by corporate... read more
F5 Networks laid off around 100 employees worldwide with immediate effect.
Why no news on F5's Prof Services layoffs? C'mon People!!
Our new F5 CEO is a joke. So far after taking the reins he has provided no direction except talking about diversity? Are you kidding me that's are new number 1 problem? Why is it when a person of color takes a high profile job that is the first thing... read more
You only have to look at the number of open job postings to see.. F5 is growing at a crazy rate.. Head count for EVERYONE!
2016 Layoffs Predictions - Global Equities Rresearch, Trip Chowdhry F5 Networks: Global Employee Count: 4,500: Layoffs: ~10% layoffs = ~450 workers to be laid off EMC: Global Employee Count: 70,000: Layoffs: ~ 15% to 20% layoffs = ~10,000 and 14,000... read more