I relied on OCTO numerous times, until their best looking most handsome person left the company.
Topics regarding layoffs at Riverbed Technology Inc.
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
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
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
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.
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.
Big announcements with absolutely no clue from the top on how to execute them. And more promises of clear communication but no answers. Meanwhile sales is frozen waiting for answers and Q3 slipping away.
Good luck Xirrus team. Hope you guys found a better home this time.
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
Hi Aternity folks, any updates from your division. Any info you guys gleaned from your all hands etc ?
I bet this quarter won't meet expectations either. Are we on death spiral ? Miss Targets, layoffs and repeat
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
Any ideas on what to expect this week? Opinions? Org split? etc? Split Companies or Sale of Companies
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
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
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
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
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
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.
Do we know for sure?
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.
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?
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
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
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
It all started with the Opnet acquisition. Just think if instead of buying Opnet, Riverbed had started to develop SD-WAN.....
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"???
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....
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
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
Haven't confirmed yet.
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
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.
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?
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
It’ll make the sadness go away!
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
Didn’t they just move into a swanky new office in the MBFC area ? Hmmm now all gone ?!
What happened to you guys??? What went wrong?