Riverbed Technology Inc. Layoffs

Topics regarding layoffs at Riverbed Technology Inc.

OCTO departures

I relied on OCTO numerous times, until their best looking most handsome person left the company.

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Post ID: @10GdGbCE

Sadly

Sadly the layoffs did let go some good people that were needed. I would mind another round of layoffs so as long as it targets upper management - seems like the more incompetent the executes are, the more “Directors”, “senior directors” and VP’s they... —  read more 

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Post ID: @10EQbPUq

What's next?

With TB pulling the levers with their hired consultants and shutting out even senior RB management from making decisions what message does that send? We've seen both humorous and not so nice barbs at RB management on these boards. The truth is not... —  read more 

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Post ID: @10Eu7hWL

Sunnyvale status

Just wondering if the Sunnyvale office is still around. I drove by it yesterday and saw a sign, so I guess it’s still there. My department got hacked last year and it was time to go. I’m sure I would have been gone this go-round. Happy to have... —  read more 

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Post ID: @10D84uKD

Leave Policy

Leaving soon. Can anyone share the process? Do people in Rvbd typically give 2 weeks leave notice or they just rage quit? How many weeks do people have when theyre rifed? Are they still buying back class A/B given the bad financial situations.

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Post ID: @10DgdARo

Q3 cuts

Q3 is looking bad. More people to be let go soon. Overheard at HQ that all Europe and Australia offices to be closed by end of 2020 apart from small sales locations.

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Post ID: @10z4qqNt

No innovation = what you see today

None of what I'm saying is news to anyone who pays attention, but I'll say this: Riverbed has actually had quite a good run given the fact our products don't actually deliver much value. This has been the case for at least 5 years, and probably... —  read more 

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Post ID: @10p7Mavi

Q3

I bet this quarter won't meet expectations either. Are we on death spiral ? Miss Targets, layoffs and repeat

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Post ID: @10oLvJ0V

Calm before the storm

CFO is from TB. C-Suite changes. Aternity spin-off. To me, that translates to double your work efforts to make Aternity look good while still doing your day-to-day. Oh and by the way, we will now keep a closer eye on all your spending, scrutinize... —  read more 

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Post ID: @10lSCcpY

August 1?

Any ideas on what to expect this week? Opinions? Org split? etc? Split Companies or Sale of Companies

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Post ID: @10hcqQlz

Severance enquiry

What is the standard Riverbed severance package in Europe or is it different by country? Are they obligated to provide severance option to anyone being let go or does depend on certain factors? I have little knowledge in this so apologise if asking... —  read more 

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Post ID: @10dlqF7e

Prediction

TB will sell off Aternity and use the cash to pay down the core RVBD debt. In the meantime, pipeline for Versa hopefully grows. TB buy Versa then some kind of merger of the remaining RVBD and Versa at some point in future if things are panning... —  read more 

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Post ID: @10aVzvQj

Severance question

What is the standard Riverbed severance package in the US, or does that vary from state to state? Are thy obligated to provide a severance package to anyone that is being let go or does that depend on certain factors? If i depends, what is the... —  read more 

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Post ID: @1083OBOy

Was it real or just an illusion?

Remember the famous line from the movie “The Sixth Sense”.... “ I see dead people” Riverbed has been dead for several years now, it’s just that people did not realize it was dead. They were deceived in several ways and when the former CEO and... —  read more 

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Post ID: @1083ZbcN

Today’s all-hands

What were your takeaways? To me, they admitted to past failures (which really wasn’t hard to see) and their now plan seems more crisp but not really sure how to execute? Sounds like Xirrus and Aternity will be sold to keep the rest of the... —  read more 

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Post ID: @107ikeKJ

Riverdead?

What has happened to the folk that came across as part of the Xirrus Wi-Fi acquisition? Has that BU now closed down? I cannot get any support whatsoever, nobody at Riverbed seems to know what is going on, or even cares.

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Post ID: @1060p8K9

Silver Peak is Hiring

Hey Riverbed folks, Silver Peak a leader in the Gartner MQ for WAN is hiring sales, engineering and marketing people. We love RIverbed people and have hired a bunch of them. Come work for us.

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Post ID: @105gOwge

Did anyone get a decent deal?

After the May 2017 round, I managed to at least get paid until the end of January 2018 which is around 8.5 months worth. What is the deal this time?

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Post ID: @105YMurr

The Last Laugh

I remember way back when we routinely made fun of Cisco and Cisco WaaS. There was even hype that we were "the next Cisco." But then strangely, we started hiring managers, directors, VPs and even a CEO who came from over there. The results of... —  read more 

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Post ID: @105TUdvX

Any ideas on worldwide total?

How many people were impacted in the past several days, worldwide? Considering how many markets were hit, I'm guessing the number is anything but small. Short of an official statement (which I highly doubt is coming,) is there any way to figure... —  read more 

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Post ID: @105TqfVp

Is there anything left in Europe???

Albania , Andorra , Armenia , Azerbaijan , Belarus , Bulgaria , Croatia , Cyprus , Czech Republic , Denmark , Estonia , Faroe Islands , Finland gone Is this the complete list? What is left except for Netherlands and the UK? Man, and I thought... —  read more 

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Post ID: @105KlB7K

Past Mistakes

It all started with the Opnet acquisition. Just think if instead of buying Opnet, Riverbed had started to develop SD-WAN.....

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Post ID: @1055bMuY

"The Riverbed Way"

OMG, so I perform poorly, I get laid off. Mgmt performs poorly, I get laid off. Mgmt performs well, I get laid off. I perform well, I get laid off. All roads lead to layoffs. Is that what they mean by "The Riverbed Way"???

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Post ID: @105vpiWQ

See only active posts (big blue button)

For new folks here, there is a large "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies. That's all from me. Anyhow, I hope this helps someone. Good luck all....

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Post ID: @105w2kMz

It’s normal

I’m sorry for those that lost their jobs, but truth be told, it’s just the business had to cut off where it wasn’t receiving traction. Simple as that. Dead weight. IMO, this cut should have been done when J was still here and had he done it, he would... —  read more 

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Post ID: @105NBWxk

I cannot believe the amount of people on here....

who dont know what the f— they're talking about. "They admit SDWAN isn't working out".. who in the hell said that? We just bought/leased another company to build on what we had. Just because we haven't been marketing this to... —  read more 

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Post ID: @105AcKMw

More layoff continued for today

All sales and marketing teams gone. Engineering teams are almost wiped out. Only few teams in SDWAN left. Are we closing down the company or declaring bankrupt? What happend to the industry suddenly? why all these layoff going on in so many... —  read more 

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Post ID: @104wDXhy

So, what region was affected the most?

Does anyone know or even have some indication? Maybe we can compare the known numbers here for certain areas to get a better picture of the way this was all done.

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Post ID: @104HhIon

Layoffs in the EMEA region?

I'm hearing of more layoffs in the EMEA region. NL office hit pretty hard. Grim times indeed. I see this was posted today on one of the other threads by @104OKkc5-ogr . Any truth to this? Can anybody confirm?

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Post ID: @104oxUo8

All was foretold on June 5th

From the Bloomberg article: https://www.bloomberg.com/amp/news/articles/2019-06-05/thoma-bravo-s-riverbed-said-to-discuss-options-for-taming-debt "First-quarter revenue dropped 14% from a year earlier to around $183 million, the people said... —  read more 

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Post ID: @104CxAus

Advice

For those impacted by recent events, I feel for you. I've been in your shoes. It s*cks. Good people are being let go. Having been there, here is a bit of advice. Mourn, but not too long. Work through the stages of grief. It is natural... —  read more 

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Post ID: @104uat50

Is APAC affected too ?

Didn’t they just move into a swanky new office in the MBFC area ? Hmmm now all gone ?!

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Post ID: @1044Rmze

This is sad

What happened to you guys??? What went wrong?

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Post ID: @104xVcUY

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