Thoughts? Is this a part of the strategy to get rid of people?
Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at Riverbed Technology Inc.. The comment form is located near the bottom of the page.
Topics regarding layoffs at Riverbed Technology Inc.
Buddy sent me - http://www.cushwakebayarea.com/blasts/burlingame/shannon_chircop/riverbed/Riverbed_package.pdf Seems like hunting for smaller space and sublease 2 years to Alibaba (make some profit in the process)?
200 person RIF across the company coming in the next month. It’s being prepared right now. Sales will be hit hardest, but it’s cust across all departments.
My dearest fellow Riverbedders- I don’t know about all of you but I feel like I have a little Winston Churchill in me tonight. I write this to you as I fight back the tears streaming down my face while wearing my cozy riverbed thermal and favorite... read more
I was with support for over 6 years and consider many of you family. Support is a pyramid with a foundation of L2 and a tip of L4/Staff Eng but this model only works if everyone is competent and pulls their share. When I left it was popular for... read more
So now that he's almost gone and we a new GM, how'd you think things are going to change? Pushed out or jumped ship? Is there anyone left upstairs? C'mon PM, we need you to mumble something here to cover the tracks.
Anyone else find it interesting that the annual Riverbed Sales Kick Off got moved from January until June? I’m not sure that “interesting” is the word the Sales dudes and dudettes would use.. unless it’s like the Chinese curse of “may you live in... read more
It’s quite amazing when I see groups struggle because of how Riverbed hires. It seems that we hire “leaders” based on their past experience HOWEVER, is their success is predicated on “easy” then these leaders will end up clueless when times become... read more
Does the company buyback preferred stock after you leave the company? do they pay compound interest year over year or the original purchase price? anyone knows? preferred stock is the one with annual interest rate not the one worth 9 cents.
Just announced a Support reorganization that will change everything that has been setup since the beginning. Basically they will be adding to the bottom and removing from the top. This is coming from the board, demanding to cut costs and the b--ch... read more
missing 5% again. i wonder what's the stock price now.
I was part of new product(Service delivery platform) that Riverbed was developing. Whole product was sc-apped one month back . 30 engineers from India and near about similar number from US and UK were fired. Horrible management. Provided only one... read more
Trying to get anything done with Riverbed is like pulling teeth. Orders take forever to turn around and getting anything from them is difficult. TAKE MY MONEY!!! This should not be an issue. The reps basicly have no sense of urgency
Layoffs done very quietly, no internal announcement, just 1:1 calls with manager on webex with HR and no clear reason given as to why? If RVBD wants to really address the stagnant sales, upper management of Sales should be RIF'd and new blood brought... read more
From what I can tell about 7.5% of the sales force got RIFd. 75% of those let go in sales were technical sales engineers. I am not sure about the RIF percentage in other areas of the company. Decent severance package. Looks like 1 month severence for... read more
Some cuts planned in sales and/or sales engineering and some departures have happened in sales too. I think the company's bet on SD-WAN didn't pan out, and shifting from capex revenue to opex/SaaS revenue incoming is causing short term issues with... read more
Does this company not have any title other than member of technical staff? How do i know if someone is more senior technical person without counting his grey hairs?
Minor layoff for overlapping Xirrus sales positions.
So, enforced leave for us US staff members for July 2-6 (Independence Day) and November 19-23 (Thanksgiving).. to save millions and make EBITDA look better. Yay!
Jerry has announced he's retired and the Sales VP Paul Mountford just got a promotion to CEO... read more
If you are contemplating a position at Riverbed my advice would be to keep on walking. I’ve been with the company for a little over 2 years and am currently looking elsewhere. My department has coworkers that seem to be undermining each other as much... read more
We've been stuck in one place for nearly a decade, and we don't seem to be able to move one step forward. We have leadership that doesn't know how to grow this company, they simply let things happen without proper strategy in place. How do they think... read more
No bonuses and meagre compensation.
So lately there's been a huge number of new employments in the Bangalore campus for the Engineering side. Looks like TAC/support centers around the world will see layoffs sooner than expected. Your thoughts?
Its not as bad as it was in 2015. Not as many pink slips in PS and Support apparently. More in Sales (surprise surprise), a few in engineering too
What's their track record as it relates to companies that Thoma Bravo acquires? Do they cut payroll swiftly? How's your experience? Disclosure: I am not with Riverbed, I am with another company that recently got acquired by Thoma Bravo and now we... read more
Riverbed is doing layoff either later on this week (5/8-5/12) or the beginning of next week (5/15-5/19).
Just received a Riverbed Class Action Suit here - anyone else got the same outside of US? Does it mean Jerry & Co. gets sued and we get some money? I did quite read and/or follow the several pages of legal stuff.
Curious to know people's opinions (employees and non-employees) regarding if this layoff will have a major negative impact to current/new customers of Riverbed's technology (legacy opnet products included). I realize it will affect support and... read more
I've always wondered why the solution that produced the most revenue for OPNET kept on being minimized by Riverbed.
Doubtful. Split and merge seems likely. Big question is where does RB Core go. Standalone, sold off, merged with other HW company they own?
They have cut over 30% of their workforce to improve profits. The layoffs were based on how much you cost the company, not on performance. Then they give a measly severance that won't sustain anyone for more than two months. If I was a prospective... read more
The managers who are left are trying to figure out how to do the work of the excellent staff members who were cut. Don't believe a word out of the CEO's mouth. Get out of Riverbed as fast as you can.
Most of management will be gone, staff will be decimated but some will be kept. That's my prediction. It'll take them more than 6 months for this though.
For people who want to continue and do not see immediate threat to your position, try spot weakness in other departments and make suggestion to your manager(s) so the future axes would hopefully fall on others.
Just saw this on linkedin: https://www.linkedin.com/jobs2/view/48902424?trk=job_view_similar_jobs&trk=job_view_similar_jobs About this Position: The SharePoint will have extensive experience with Software Development Practices including Source... read more
Too many mid level managers that don't do anything, nobody has the balls to fire anyone, and NOBODY is making any real money. There are 100's of scorching hot companies out there. No reason to work at Riverbed anymore. I left 2 years ago. It was like... read more