I’m seeing a bunch of people leaving. I figure it has to do with the bankruptcy, lack of growth, bad management, etc., but is this there another only reason that I don’t know about? Like a RIF or something?
Diversity of leadership roles is a true strength and hallmark of Riverbed. Bravo! Keep it going! This place really needs more washed up white guys running it, otherwise it’ll never survive. And let’s blame the last administration for all the... — read more
Vaporware? What’s the scoop on this? Is this thing legit or lipstick on a pig?
What's with all the people that are boasting on linked-in? "Yeah - we managed to sc--w our former debt holders through bankruptsy and get $100M in the process!". Is this supposed to make customers more excited to buy from us or make it easier for... — read more
Bankruptcy filings tell the tale. From 36,000 customers down to 7500. And those are soon to go away too, since Riverbed hasn't bothered developing their products in several years. How long will the $100M cash infusion keep the lights on? A few... — read more
So…does the message boil down to either getting fully vaccinated or get fired (US only)? Is that…legal?
Much like a Phoenix rising from the ashes, Riverbed too, one day, shall rise to glory cradled by the safety, security and vigor that only Aternity can provide. I know the days are dark my friends but what else do we have to cling to? Sure, we can... — read more
So for Class A holders (class 10 in the plan), you have to explicitly opt-out of releasing the Debtors of claims. If you don't respond and opt out, you are agreeing to release the Debtors of all claims. More law trickery from Riverbed, it seems. Why... — read more
I think we're at the point that - if you are not friends with the right people - the only way to advance your career is to change companies. If you are hoping to move up and don't relish the idea of kissing somebody's behind, then you're out of luck... — read more
The big question is when Apollo is going to replace the CEO. I wanted to ask this question, but I see that someone was quicker than me.
I am one of the suckers with a Class A investment (which is preferred stock bearing dividend). I am not a lawyer but there seems to be case law precedent for our situation. Since the dividend attached to our preferred stock is a different type of... — read more
What is the way out? Riverbed has no relevant product line that will bring them back to profitability. They don’t have any strategic product line that would make them an acquisition target. What is the exit plan?
Former employee here stuck holding Class A and Class B shares. Given a total equity loss - will I be able to start tax write-offs with the 2021 tax year or does this Ch11 complete next year? Any documents forthcoming outlining my losses or is my... — read more
Which means brown-nosers will have more trouble when they decide to leave Riverbed. I will not be there next year, I received an offer that I did not even hope to get, but I am still interested in where will end up those who were so comfortable at... — read more
The reinvention of Riverbed can be appreciated and wish it luck. Does anyone actually believe between Riverbed and Aternity that data collected is something special? DataDog was mentioned and they’re some stiff completion.
I got a great offer and I will be in a completely different company in just a little while. I look forward to it but it feels odd at the same time. I guess it's a matter of habit. I have been working here for quite some time. However, when I... — read more
Stay for a year, get a nice payout. If you are one of the lucky 40.
I sometimes wonder how it is possible that a company which in my opinion was very solid got itself into this situation? On the other hand, regrets won't help anything, maybe it's best to leave as soon as possible and not think about Riverbed... — read more
It takes a special kind of company to file for bankruptcy when most other tech companies are soaring/hot. How embarrassing. Details of our Bankruptcy can be found here: https://cases.stretto.com/riverbed
I have so many coworkers who keep telling me they're miserable every morning because they have to come into work, or that they're constantly stressed, or they no longer have work/life balance, or that their ideas are not being heard, etc., etc. I... — read more
At one point I thought I would have to stay here for a long time because I was not able to pass the interview phase in other companies. And yet, it was still worth trying. In a few days, this company will be a thing of the past for me. It's not... — read more
If we file for bankruptcy, is our pension protected?
Does this company think about its reputation at all or does the reputation no longer matter to the people at the top? I am sometimes ashamed of where I work. I think the reputation has never been worse.
Thank God I left that sh---y company. It was my biggest mistake in my career to join that company. When I was hired, they had not told me there would be a pay cut. What a scam! Riverbed owes me money! I was blinded by all the talk about double digit... — read more
Riverbed COO (Bob) straight out sucks! Least personable. He brought the whole morale down. Morale was 2 levels below sh-t when all hands started and it went 10 levels deeper after his disastrous meeting.
Do we know if Riverbed is going to declare employee and/or former-employee Class-A shares as worthless as part of the proceedings? I got to believe Class B shares will certainly be declared under-water but wandering how much they are devaluing... — read more
Big news today. In Riverbed’s press release I noticed they stopped short of using the term bankruptcy but its what Bloomberg and others are saying is happening. Cost cutting and layoffs?
Is anyway to sue Rick or management? At the moment of persuading employee of invest in the company, they said the 9% interest, but never mention they could hold the your money even after you left company.
By her own little snake protege. How fitting. When does the ultimate snake get bit ?
Last of the old guards are out and DM has rolled Aternity back into the fam. Pretty convenient solution to push them out because we all know Aternity has nothing to offer in terms of tech and neither does Riverbed for Aternity. This is clearly a... — read more
I have a colleague who is promoted and who is not happy with the company now that he is promoted. Only now is he considering leaving. He has a lot more work to do and is only slightly more paid. I tried to get promoted but failed and now I wonder if... — read more
As a Ex Riverbed employee, one of the issues I had was the lack of transparency of the financials when TB bought RB. To ask a simple question, who owns Riverbed? Does the Fed own part of RB in the form of junk bonds? Is that one of the only reason RB... — read more
I occasionally see “welcome to riverbed” posts on LinkedIn. Who are these id--ts joining this failing company? They have to be bottom of the barrel talent with no other options.
It was not an upbeat townhall but at least they were transparent (somewhat) about the situation. End to end visibility? Security? Shoot me now. No way in He-l Riverbed can compete in that space. Aternity adds no value. Please give me a generous... — read more
How fast is the customer base shrinking? Customers seem increasingly dissatisfied. It would not surprise me at all that by next year our customer base is alarmingly reduced. I wouldn’t like to be a bearer of bad news but I wonder what you think about... — read more
According to my free estimate, there are 5 people for every hard worker who do almost nothing but wait for their paycheck. The gloomy atmosphere in Riverbed is not at all motivating but I still don’t understand those who work here only the bare... — read more
That is, for how long will it stay afloat? I wish it was different, but I really don’t see any hope on the horizon that things could get better here. Moreover, I have a feeling that the more they are trying to 'fix' this company, the deeper it... — read more
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