When companies go through continual layoffs they hurt their ability to recruit–and you always need to recruit. You need to recruit because many of your best employees will leave on their own for greener pastures when they don't see a future. Those... — read more
Topics regarding layoffs at Riverbed Technology Inc.
Are they still apart of Riverbed? Hows it going over there?
2021 will be the year Riverbed breaks. Riverbed will update all the 2020 sales, marketing, and roadmap slide decks with 2021 and re-present them at our virtual SKO requiring everyone to be on-camera. The riverbed groundhog executives... — read more
What's your prognosis?
interesting review with negative outlook. https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PR_437133 I believe the company will be restructured shortly to a healthy base, means layoffs are coming quickly. What are your thoughts on... — read more
More cuts are inevitable based on the 30% + drop in revenues and no consistent strategy or real focus. C Level leadership is dancing to whatever tune the TB folks tell them to dance to. There won't be many of us left when Broadcom buys us and lets... — read more
If layoffs are going to happen, I'll be happy to volunteer. I've enjoyed my time here but it's time to move on. Things have been deteriorating for a year or two now and the downward trajectory doesn't seem to be changing. I don't want to get to a... — read more
Sometime in the first quarter, is that true?
To customers really care? Is it just an impression or does it seem like this user event is potentially a driver to help us with a refinancing package and being able to show that customers still have interest in the company? The timing is suspect... — read more
Concerns: becoming NPM only shop. Microsoft accelerator, does anyone care? Steelhead becoming International only solution. Management's expectations in a market focused on all things but Riverbed. Are we simply lost?
SVP of North America Sales resigns. He was a past coworker with and handpicked by the COO. He resigns in what should be the best commercial qtr of the year as 4th qtr always is year in and year out. His last day is November 16th and the reason given... — read more
I notice that many managers are promoted to VP or Director. For me, this is a sign that the organization is about to change significantly or that Riverbed is for sale. I have seen this kind of approach in several companies and it smells like change... — read more
So, how was it? Did we hit it? What's the truth
Anyone have any idea who would buy Riverbed assets? Figured that the portfolio would be sold in pieces, just curious who would actually buy it. I figure companies like Juniper, HPE or CA may buy the portfolio but who knows.
I’ve been reading about a possible sell off and made me wonder who my next employer might be. Does anyone have any theories as to who’d buy our assets as they are?
Riverbed has 8 C-levels with certain C-levels taking over CEO reports. Under the C-levels, there are 35 VP/SVP’s. Under the SVP/VP there are around 50 Director/Senior Director roles. Just between these three levels, there’s a total of 93... — read more
Smartest people are jumping off the riverboat at alarming speeds. My manager has been offered a retention bonus to stick around. Anyone else being offered $$ to not leave?
Not that it counts, but I would personally feel betrayed if they implemented layoffs this year. We all agreed to significant pay cuts and mandatory PTO to avoid exactly that. If they go ahead and make cuts after all those measures, then why didn't we... — read more
Does anyone happen to have a copy of Riverbed or OPNETs non-compete agreements they could share?
The plan to implement "restructuring" has got to be well under way. How much time do we have before the hammer falls?
Company closed first week of Aug, equals vacation burn. Good people continue to exit the business. Marketing effort soft at best. Other TB companies forced furlows. SP gets bought at 6 to 7 x multiplier. Thoughts?
I don't know about the rest of the company but here in engineering this is a bad joke. We're all working with cut pay in the middle of a frigging pandemic and hr is still trying to force this down our throats? Its obvious they don't have the first... — read more
Third month of cuts with no end in sight. First month, kosher - doin’ it for the Riverbed fam. Two months - last pass. Third month - now you’re just f—ing it all. You can already kiss a number of good talented people goodbye. More, if this... — read more
So how many other layoff's were there at Aternity (Riverbed) ?
I don’t know what mailgun or mailjet is but laying off people is sometime necessary. Too many ineffective leaders tend to create an illusion of a weak workforce which tends to end in layoffs. The experience we are having is just this and already been... — read more
Its silent here. Whats happening
Its clear and simple now, Who ever pays good commission to new leadership they will be retained. In IT there where highly qualified contractors working since many years from different vendors, But new VP has decided to outsourced everything to... — read more
Does anybody made a guess of how many country we left and where we are still active?
Does anyone the current class b share price?
More downsizing. I no longer have a job and I'm told I'm not the only one. Anyone know how widespread it is this time? Just lovely timing. Cheers and peace.
It seems very quiet on this Riverbed forum. What is happening?
https://www.thomabravo.com/team?id=dan-smoot So I guess he's positioning himself for life after the titanic?
Anyone know what percent of operating income in a recent year has gone toward paying debt interest?
Lots of chatter about focus. Are you seeing that talk materialize in real action yet?
PM gone, AE gone ... now we just need an upgrade to SE leadership
Just wondering if anyone had any idea of what Jan 1 might look like? We know that Aternity, will be treated as a new TB Start Up. Does the final separation allow for the solution to be sold via "with" all other TB holdings. Sounds like SI growth is... — read more
So we’re calling mission accomplished on what sounds like a POC? Yawn. Wake me when we really close the deal with six zeros or more.
I have to admit, I am impressed with who we have chosen as our new CEO. This guy seems real genuine and knowledgeable. It wouldn't have taken much from our last one to raise that bar, but I think we hit it out of the park with this one. Nice... — read more
Just wondering if the whole corporate split and chaos was worth it.
He hogged all the limelight during JK tenure but was barely seen when PM was there. Now that PM is gone, the floodgates seems to have been open again for him