and more have quit and more will quit. People are tired of being screwed. Too many announcements and nothing comes. Nothing! The company is done. Shut Riverbed down and sell the best parts to Cisco, Microsoft or somewhere else and do no keep the... — read more
Topics regarding layoffs at Riverbed Technology Inc.
We need innovations now and not in 3 years. Our customers are leaving us in droves because we have nothing more to offer. The company has been sleeping on the job for years, ignoring important trends. They are now trying to gain more control over... — read more
We all need to realize that the company is bleeding out. The products have reached their end of life cycle. So why are they pushing the renewal theme instead of focusing on tech refreshes? This is just a snippet from a great post in one of the... — read more
When Dante got moved to new role, he was a goner. When the new role is “do nothing,” the writing is on the wall. If I didn’t know any better, RM is suggesting we just live off the land and not expect any innovations. Nice. Also heard through... — read more
What do you expect? Predictions? I hope the losses will not be too big.
Any news anybody? Any merit increases or cuts again?
other than those at the top who have no idea what they are actually doing and where they are leading this company? Surely all other annoying things, or at least most of them, result from this.
I think that’s the biggest reason most people are still here. I have a younger colleague who is super talented and is here only because of his character, that is, he does not like change and would not like to change anything. I understand why... — read more
So apparently there are some people actually returning to Riverbed. I personally know of two people who have returned and since we are not particularly close I am embarrassed to ask them why the hell did they come back? Aside from that, I am more... — read more
To be honest, health insurance is the only thing that keeps me in this company. I’ve had three job interviews in the last two months and I haven’t passed, but I would certainly turn down some of them because they had poorer health insurance than... — read more
As for knowledge, everything I learned, I learned thanks to my own effort and commitment, but I also learned too much about people, how to deal with the worst of them who are always ready to take your credit and stab you in the back. I became too... — read more
It's become very difficult to find any value and reason to stay in this company. Not that long ago, there used to be many. Now it’s just paycheck, and that’s not so satisfying anymore because some of my colleagues earn a lot more after they leave... — read more
Do you have enough skills and drive to leave this place? I’m not sure. Maybe it’s just a matter of confidence, however, when I compare the time when I just came here and now, I have a feeling I haven’t learned much. Of course everyone deserves to... — read more
In one of the threads below someone made a good observation that engineering management is full of those who do not like new ideas, but stick to old ones and do not allow space for new things. I experienced this when I first came here. I was very... — read more
The company is absolutely not interested in innovation, it is only interested in cash. Why is there such an emphasis on making renewals? It is pure cash flow. A tech refresh is absolutely secondary. That is one reason why do not get any innovation... — read more
Who is to blame for Riverbed having zero innovations? No wonder there isn't any innovation, all those innovative and talented people are either driven out of here or have left on their own. I believe there are still those who have good ideas, but no... — read more
Board said No to buying back Founders and Class B's. Could this mean? Cash Flow issues caused by reduced renewal business? Company has general cash issues. TB has Zero Faith in Value of either Founders or Class B's? Something positive is... — read more
When I came here, I knew that this was no longer a place where a career could be built. I am just grateful that I got the job without any great previous experience. However, my progress is very slow. I try to learn as much as I can, but I just... — read more
I wonder if Riverbed tried to keep anyone here after that one person quit? I don’t really believe in the story I heard, so I want to see what your experiences are like. Allegedly the person resigned and Riverbed then offered some more benefits to... — read more
Is there a silver lining or is it all just bad ?
Sorry, I don’t see any real strategy at the moment. To think that you can absorb everything with App ACC and NPM is ridiculous. NPM and App ACC were so neglected in the past and Riverbed is feeling it now. SKO was a joke. There is nothing new and... — read more
Let’s try and lighten up the Riverbed board by talking bait the good things - past or present. So any old or new timers, please post away!
So what is next?
January 2021 Downgrade following the approved company restructuring and debt refinance. https://finance.yahoo.com/news/Riverbed-Technology-inc-moodys-downgrades-173109230.html
I feel stuck in this company, too young to retire, but too old to easily find another job. I don’t see any future here, it can only get worse than it is now and I would leave immediately if I could. However, I've tried to find similar job in other... — read more
Riverbed has seen a steady decline in products, people and revenue from 2019 into 2021. Failed venture with Versa (really, admit this isn't working), the failure of the Oceedo acquistion, the failure of Xirrus to mature (now sold off), the failure to... — read more
Riverbed has a huge problem right now in the ongoing exodus of its top employees. People are moving on without even waiting for severance. And instead of trying to keep them, the management is happy to see them leave because they don't have to lay... — read more
IT trends for 2021 showing that everything is around WFH/ WFA. Companies need to break down their silo structures, need to look on costs, budgets are more tight because of the pandemic. There will be a big push into the cloud, companies need to build... — read more
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
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