F5 Networks Inc. Layoffs

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Topics regarding layoffs at F5 Networks Inc.

No layoffs before next quarter?

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

Tel Aviv joke

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!

This is the goal

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

Layoffs good ?

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 layoffs done?

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.

Developer lease model

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!

F5 Layoffs hitting lots of people

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
by 60 year old guy safe for now | Post ID: @So0qHEX
1465 views | 8 replies (last )

Was recommended to apply for AVI Networks

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

Brand New HQ - But People Have to GO

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?

Future of F5

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

More crazy Layoff at F5

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
by Anonymous | Post ID: @PC0pHg6
1766 views | no replies

Another round of layoffs within a month

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

Traffix SDC - shame on you

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!!!

Thread missing

There was a thread here earlier about some layoffs, but I don't see it anymore.

What was the criteria of last F5 layoffs?

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

F5 sheds its "Family Feel"

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

This will cost F5 good people

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

Feeling of betrayal

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

Are layoffs done?

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

Seattle F5 Layoffs

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

New CEO Francois Locoh-Donou is a joke

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

2016 Layoffs at F5 Networks

Do you have an update on what the plan for layoffs in Q1 2016. I hear that there will be a massive reorg and that some departments will be eliminated. I'd greatly appreciate if someone who might have knowledge about what is being planned can share... read more

F5 Networks Layoffs

Sales are soft, 2015 might be an interesting year, we'll see what happens but things do not look good for F5 right now. Things might change though, fingers crossed.

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