Were there layoffs this week?

SSE/XDR split. And SSE with Google? WTH is going on!

I will caveat this with the fact it is from the McAfee rumour mill but isn't that where we get our info? However there are cuts coming....again. Do we ever get a break from looking over our shoulders so we can actually work (laser focus.... good one... —  read more 

The dath spiral of McAfee over the past 10 years makes sense in light of Price's Law. https://dariusforoux.com/prices-law/

Are there scissors running?

McAfee has been eyeing the cloud business for quite some time now. Do you think that the new CNAPP line of products will help gain McAfee any traction in the cloud security space ? Also I think it is being developed entirely by an Indian team.

For McAfee Enterprise employees will pre-ipo equity be distributed? Does STG have any track record of doing this with the 20+ other companies they have acquired? Would this not occur until after fire eye is acquired and merged?

Yes, leave.

From 2005-2010 it was the best company with lot of perks, nice leadership, supporting and technically strong managers. but after Intel acquisition, it has went downhill. in older days i.e before 2010 or Intel acquisition, it was run by technical... —  read more 

Many people are leaving or trying to leave at the first chance in both McAfee and McAfee enterprise. The equity given is of no value now. STG and Management is playing with the employees. They are businessman and not a charity org. so remember they... —  read more 

There's rumor that stg's solution to unvested equity loss is to pay off execs all equity and have them quell rebellion. So if that's true, while most people are losing anywhere between 55 and 70 percent unvested equity, the tu@d at the top aren't... —  read more 

Since the new management aka CISCO thugs headed by the Peter Leav came in, from that day on to this moment- it’s only been down hill for a company that once stood out and was an awesome place to work and trusted player on the market. After... —  read more 

Don't know if I should see how this plays out or make the jump. I have only been here for a little over a year, but I'm wondering if I should get out now. It feels like McAfee would make that decision for me after the acquisition is complete.

Unfortunately, it will certainly bring layoffs, but I am interested in what you think about the sale of enterprise business to Symphony? Is it a good move for McAfee or yet another debacle? I wonder what the results of this move will be, apart from... —  read more 

Wondering if more layoffs will come as a result of this?

Work environment here is completely and utterly messed up. We have layoffs all the time and we have to stress about that non-stop. But even when a round is done and we're still here we can't celebrate. Now we have to do extra work to cover what those... —  read more 

With more layoffs on the way, now is the perfect time to start looking for a new job. And trust me (since I've done both before,) it is so much easier to look for a job when you're already employed then after you've been laid off. But if you don't... —  read more 

On February 23, 2021, the Corporation announced a workforce reduction and other restructuring activities designed to reduce costs https://sec.report/Document/0001564590-21-007559/

Chris Young took on the challenge to turn a tiny Intel business unit into a cool cyber security company that employees loved, were proud of and were happy to work for. That worked out as the company was governed by technocrats, who understood... —  read more 

If you're a software engineer, your days here are numbered. Go and look at openings for software engineers at careers.mcafee.com. Notice something? Almost 90 percent of available positions are in India. And guess who they're replacing? This has been... —  read more 

Reading through these posts it seems like everybody who is still at McAfee hates the fact they're still here. I guess I'm among the few who still like their job here. Pay and benefits are decent and my coworkers and even my boss are great folks, so... —  read more 

A colleague told me this shortly after I started - build a safety net. After I survived my first round of layoffs I understood what he meant. I’m still here but for how long - I don’t know. I don’t enjoy knowing that the fate of my employment lies... —  read more 

I worked there for 9 years and only just recently moved to a different company. While I was there I saw layoffs at least once every year. Some years bigger than others. Some years saw layoffs happen twice. It's normal for McAfee. Just wanted to... —  read more 

Judging by the past few rounds, there is usually six months between any larger layoffs. Which means we should be safe until June or July, right?

I've been here for three years and in that time I've learned that the threat of layoffs is a normal part of my job. It's not something I'm used to yet and it's making my job extra stressful. Now I'm wondering if it's always been like that? If it has... —  read more 

Can we now say with certainty that layoffs are done?

Our company started using McAfee about the time they shifted virtually all phone support to outside the US. The folks on my team would constantly complain about difficulties understanding McAfee’s outsourced phone support with their thick accents and... —  read more 

I haven’t seen anyone mention that McAfee closed the Córdoba office, 1/2 of EMEA sales and SEs.

Looks like every day we hear news about more layoffs. I'm starting to wonder when exactly is this going to end? It's already nerve-wracking to know layoffs are happening but to have no idea when it will end? That just rubs salt into an already... —  read more 

I told the current management they had poor judgement when I left before the layoffs. There is nothing more true. Short this stock.

https://www.bizjournals.com/sanjose/news/2021/01/12/mcafee-cuts-nearly-140-staff-in-san-jose.html

Shutting down many sites. Laying off SCA and Plano. When will they officially designate themselves as Indian?

I was laid off last year and I stopped by this site just to see how the whole show is going. Unfortunately, nothing seems to have changed. I remember better days when the name of this company still meant something and I’m wondering what is left of... —  read more 

Remember, it's all about cash flow. They will continue to cut, close offices, cut capital and expenses, payroll, etc.

Noticed lots of posts on LinkedIn and here about this round of layoffs. Does anyone know if they are still actively making cuts?

Data security giant McAfee is closing its development center in Israel. The company’s employees received an announcement about plans to quickly shut down operations and lay off its few dozen team... —  read more