DSG was dead on arrive all. Michael Dell & John Swainson (and his crack team if a-- kissers) killed it. These PE dic---ads think they can revive the damned thing, but it’s too late. Good money after bad.
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Topics regarding layoffs at Quest Software Inc.
After seeing the numbers at the all hands meeting, it can only be a matter of time. Booking shortfalls north of $200 million. Fudging numbers so that the execs can take home their fat bonuses before the entire house of cards collapses on itself. Many... read more
Exiting the DP hardware and KACE appliances and ceasing production and sales. Putting all their DP money on a software-based storage system.
One Identity remains firmly on track to be the 1st major Elliot partnership disposal. The acquisition of Balabit is considered a key marker to investors of the product's potential for further development and growth. Further to this the UK management... read more
... there's a strange echo in the Quest offices... anybody out there???
My sources indicate Micro Focus may be lining up some offer for the data protection business. Netvault may be further spun out itself as the product has little shelf life left but some creative accounting may come to the rescue. Rapid Recovery with... read more
So Data Protection seem to have a first reality check, who is going next ?
Was fired from Quest 1 year ago this week and thank goodness for that. Took 6 mo off, was recruited by good friends to join a progressive company and I'm now havin' a great time. If you're still with Quest, take heart. You're good enough, you're... read more
I find it funny the amount of recent and negative reviews Quest is getting on Glassdoor ... especially once you see the CHRO (!) answering to most of them with a broken disk "...and please contact me by email to discuss matter in more details" ... read more
Well according to the CEO, he has been surprised at the amount of voluntary attrition (people quitting) that has happened since he took the helm. Maybe more layoffs won't be needed but as a friendly reminder, will the last person out the door turn... read more
They are posting quite a few attractive offers in my country... but from what I have been reading on this site, this company doesn't really have a future then? Better stay away from it?
Remember that Quest is now owned by "vulture" capitalists. They got sold a bill of goods from Dell and once they realized it, they changed the strategy from "try to grow a software company" to "try to save what we can". This led to the company being... read more
Shortly after I joined the my team it became clear to me that Dell was about to sell Quest.... Noone had indicated or disclosed that during the interview process as I was joining the company. There was a lot of unknown things hanging up in the air... read more
across the board
would be good to layoff more folks.
QUEST SW will have layoffs. Company needs to shrink by 30 to 40%
Anyhow the clock is ticking .... only way to achieve targets is to keep cutting support staff.
Look like together with STATISTICA the first piece to be going.
So Dell folks got 125% bonus, any idea why for Quest it was lower ? also, I've heard is EBITDA target is missed by more than 10% there will be no payout next year ? Anyone has a clue how big this target is ?
What a sorry state Quest ... https://www.moodys.com/credit-ratings/Seahawk-Holding-Cayman-Ltd-credit-rating-825181692 $1.3Bn of debts to repay ... for the ones on bonus plan, we shall not count on it really.
Are you next Quest
More cuts to Foglight is what was rumored . Also, any news on Win Server Management Group ?
First day of the new fiscal year and quests' clueless leaders will go forward by cutting 1/3rd of their company ... time to make the investors happy ... one quarter of no direction and weak leadership and they think the experienced sales makers are... read more
Well after 4 years under the "leadership" of Swainson and his CA lackeys, the writing on the wall is pretty clear. He succeeded in turning 5 billion in acquisitions into a 2 billion dollar org what Dell now wants nothing to do with. If you think... read more
BTW, Dell bought Quest in 2012 - we might want to start posting on Dell's page
Quest Soft is doing pretty well - no issues, making money and we have solid profit marins