Stealthy layoff - not a layoff but batched terminations at the end of January which goes hand in hard with the continuous one off terminations. January action was supposedly over 300 people. Were people who were cut in January laid off or fired?... — read more
restructuring on Jan 27?
Looks like there might have been layoffs at Pure yesterday but there's no info on it. Does anybody here know what happened and who was affected? I have to admit, I'm getting really tired of constant layoffs and not being able to focus on my job... — read more
Can anybody confirm this?
I'm dumbfounded that we keep losing good people yet we have a bench of people who couldn't cut it at NetApp added to the payroll for the past two years.
Was recently let go from the Engineering team. Was told there will be a waive of layoffs due to the economic and company revenue situation. Best of luck to everyone.
I heard big cuts were done in HR and IT. Can anyone confirm?
Heard of org wide layoffs happening at Pure Storage. One of my ex-colleagues got impacted. Not sure about the number or total impact though.
Details aren't finalized but plans are being socialized with each senior executive. Marketing looks to incur the biggest impact but all teams will have a budget number to meet. Timing is sensitive and not settled. Guessing that nothing will be... — read more
It's time to insist on transparency from leadership. This is a difficult time for all companies but much of this uncertainty can be managed by being transparent about what we do know, today. Reading the latest 10K... — read more
I saw somebody mention this, is this number correct?
Layoffs in multiple groups. Support, marketing and sales to start.
Congratulations! Paul Mountford is your new COO! He just left our company as our former CEO (Riverbed). In his tenure, we had 3 massive layoffs in 18 months. He did absolutely nothing else help us grow in any way. If Pure Storage hired this guy... — read more
is this a true rumor?
As with any company buyouts the inevitable will happen: company layoffs reduction in bloat/similar positions People who won't be needed: HR management (depending or cutting bloat) higher level employees (cutting bloat or reducing) sales (existing... — read more
A bunch of us just can't stand it anymore the new management has caused problem and our numbers are WAY down.
Overall Pure Storage has year over year of growing -30+ million in cash flow negative. Currently, this means they are now at 245 million in the red per year and this amount is growing as well. https://amigobulls.com/stocks/PSTG/cash-flow/annual?f=pg... — read more
Still loosing money but hey we got some new customers. No one wants to talk about the customer we lost from the beginning just new customer. Add up all of the customer from quarter to quarter and then disclose how many active customer we have today... — read more
With the CTO and lead of Healthcare leaving, I heard its not being replaced to save money.
The numbers are not as good as they were a few years ago. Lot of people moving to other startups and also to Cohesity, Rubrik, Arista and PaloAlto. If you have stock you better sell while it is hot!
When all the highups start leaving you should follow. Why are they all jumping ship and selling their share?