Riverbed Technology Inc. Layoffs

Topics regarding layoffs at Riverbed Technology Inc.

Who would buy Riverbed?

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.

Some Riverbed stats

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 

Leaking ship

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?

Layoffs would be a betrayal

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 

What is going on?

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?

Parroting

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 

Jan 1st Rumors

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 

Our New CEO

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 

What’s going on in IT?

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 

How are things going?

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 

What is being sold?

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 

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Post ID: @OP+11eD5KmJ

Friendly Reminder

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 

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Post ID: @OP+119zyiFC

We are losing our best people

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 

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Post ID: @OP+114A8Eew

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