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
Topics regarding layoffs at Riverbed Technology Inc.
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
Contractor in IT here. I get a sense something is a-brewing but can’t quite put a finger on it. Am I getting screwed? What’s the leadership really up to? I hear the new IT head thinks big but no real substance when it comes to walking the talk... — read more
I got laid off in July as part of the last big restructure. This week, a recruiter called asking if I would interview for a position. I’m already working for a different tech company, but I thought I would at least speak to them. How are things... — read more
From this article in Forbes: https://www.forbes.com/sites/antoinegara/2019/10/02/meet-wall-streets-best-dealmaker-new-billionaire-orlando-bravo/ "And he’s not immune to mistakes. [Investor's] $3.6 billion 2015 acquisition of San Francisco-based... — read more
The company can spin all they want but what happened was clearly a vote of no confidence in the existing leadership team. Sadly, they're right.
Sudden meeting tomorrow. What is it all about ? Any hints ?
You know. The one about side deals, real orders etc Some one might want to ask Pm Ae Jr and Ls how they - as officers of the company - knowingly and wantonly lie. It’s a shame their lack of integrity has infected rvbd.
Predictions? Aternity formally spun off, no longer a Division of RIverbed? A Large networking company scoops up what is left and buys OEM partner as well? Seems like SFO is ready for another RIF or buy out. Thoughts? Predictions? Wishful... — read more
Is any department picking up any full timers?
Unkind personal attacks against officers of this company will not be tolerated. We will not hesitate to exercise our fiduciary responsibility to report such violations and have such posts removed. It’s been a tough year for many of us but let’s all... — read more
Is our leadership doing anything to prevent people from leaving? Some of our best people, at that. If you wanted a definition of a brain drain, you could just point to Riverbed. At this rate, soon anybody with more than one year under their belt... — read more
Seems like everything is taking a turn for the worst. Is it just commercial or is the ship really sinking this bad. I know one site like this you just hear all the horror stories but damn it seems bleak.