With Techwire watching, each posting of bad news and negative opinion here weighs on this Wall Street debutante. The race between press and IPO is on. The IPO can’t come soon enough.
Paula Henderson leaving
I wonder if this was her choice.
Pet loser products
There are many loser products (negative ROI). Which loser product(s) will hang on merely because they are looked upon as pets by the founders?
Does anyone know the headcount?
In the past week we've had layoffs in DevOps, Retail, and Marketing. SAS confirmed only the layoff in Retail, and did not give a headcount. Does anyone know how many people were laid off?
Cary in these days - Video
Cary in these days: good morning, good afternoon, Goodnight. And a stage light falls from the sky. https://youtu.be/MdwuW8n3JYA?feature=shared
will those remaining get some kind of stock options for the IPO
that would not only be another incentive for those hoping for VRBP to stick around which might be good or bad, but also an incentive for everyone to want a leaner, meaner, focused ship. the much maligned directors and managers would also be more... — read more
did you get a severance package? did you get your bonus?
...question to those let go this week...
Cutting into disappearance
Sweeping cuts will grind this company into the ground. And sure as he-l they’re not going to solve any of our problems. They run much deeper. We have a hard time keeping competent people on and improving on who and what we already have. But silly me... — read more
big reorg with people being fired today
Marketing had a big reorg today.
Retail Division dissolved today
The entire division was laid off today.
When in doubt, re-organize
And the positions to eliminate will become obvious.
why are layoffs handled differently now?
used to be that your email address disappeared from the system immediately and you disappeared from the directory within 24 hours. now it looks like people stay active in the system for a month or longer. what gives?
New employees are leaving as fast as they're joining
Why does it seem that we've gone from being a good workplace where everybody wanted to join and build a career to a transitional company where people only join while they're waiting for something better to come up? At least that's the impression I've... — read more
Reverse IPO?
At Innovate, SAS will rebrand the company as a reseller of other people's software trying to be an AI startup. After 2 years, $1B, and permission to shuffle and fire staff in every department, JG now owns a smaller percentage of "SAS" than ever... — read more
SAS Getting sued!
(Sorry don’t have access to a non-pay wall version) https://www.bizjournals.com/triangle/news/2024/02/23/sas-sued-401k-retirement-plan-fund-losses-jpmorgan.html
(early career) : thinly veiled age discrimination?
I have noticed the return of (early career) internal job postings. I thought these had gone away but they are back. This seems to me to be a way to discourage older workers from applying. Having the level as "associate" isn't enough, they throw... — read more
topheavy with “decision makers”
This: ‘I have never seen an org so topheavy with "decision makers" and strategists and advisors and so precious few people to do the actual work.’ [https://www.thelayoff.com/post/@oeq+1r9TiFER]
What's going relatively well?
I share many of the same laments and nostalgia and sadness in the comments here. Seems like we've covered everything. But just wondering what is going relatively well lately. Working at a customer site now, and will be investing in an upgrade. Hoping... — read more
A large round of VRB would solve the age issue
The age thing is a separate issue. Because turnover was so low for so long the average age of the company's employees is very high. Compared to the average age of employees at competitor orgs, it's extremely high. That does not look good for IPO. A... — read more
Viya vs. Databricks vs. Dataiku vs. others
What’s everyone’s opinion on the big names in the data, AI, ML space? (Msft, AWS, and Google included. Since they all have similar platforms within each cloud option) Who’s doing it right? What’s lacking? How do they stack up. Generally curious. — read more
Still WFH? How many are back at Cary HQ?
I recall many buildings feeling empty before Covid - partly because they overbuilt and the "office for everyone" made it feel closed off. SAS best perk for me was the campus so just curious if more staff are commuting again.
Non-disparagement clauses - Anyone care to post the text?
Assume separation comes with one - care to enlighten?
Hard to fail
I wonder if the tall guy realizes that his success was based on SAS being the only game in town for so many years. Was his decision making less than stellar from the beginning? It would have been next to impossible to fail in those early years. So... — read more
The Future of Data Management
Is more managers apparently
Goodnight’s Utilitarianism - cementing his legacy
We should all be thankful that his focus is not only on maximizing return or the survival of the company but on the employees that are his stated assets. Sure, layoffs are indicated in the preparation for sale or IPO but the fact that they haven’t... — read more
A shame the Broadcom deal fell through
With hindsight, the Broadcom deal could have been about the best possible outcome for SAS. It's a shame JG's ego apparently got in the way of what would have made good business sense. If you're interested, check out the WMWare page on this site... — read more
Innovation Air
Things you don't hear about from the company, from the 1/16 TBJ: For 20 years, the corporate hangar belonging to SAS Institute has housed company jets near the general aviation terminal at Raleigh-Durham International Airport. But amid a lease... — read more
Sales layoffs last week? Paula Henderson gone?
Is this really true? What specific business units had layoffs? Nobody I know seems to know. But something went down for certain.
Layoff predictions 2024
I’d bet a red swingline stapler and an expired sas/access license the next round will be the week of 1/28. What is your guess or inside scoop? Who is next on the chopping block?
Is planned obsolescence THE plan?
Revenue has been constipated around $3B for close to 10 years. Few companies see enough value in Viya to adopt it. SAS is actively discouraging new V9 sales. JMP sales likely do not cover JMP salaries and benefits. Commercial real estate occupancy... — read more
How can SAS motivate me in 2024?
Provide me with financial details on how the IPO will benefit me, or publish an early retirement plan or employee retention program that is highly motivating.
Company Kickoff
What are the 3 most important things for executives to address? #1 Acknowledge current performance, and a plan to fix it ASAP #2 Innovation strategy ( how to retain and reward the hardcore innovators) #3 Course correction of the SAS ship: Investment... — read more
2024 resolutions
What are your resolutions? Here are mine. Get a golf tan as deep and luxurious as BH at an R&D all hands. Start my own book club to rival JPs. First book: Doing more with less. Second book: 101 (stolen) peanut butter recipes. ... — read more
Not everyone can be a 10x “hard core”, not everyone can be a leader
Not everyone can be a 10x developer, a tech lead, or an architect. A hierarchical organization has more leaves than branches. There have to be more followers than leaders. Some have to have the vision while others do the work. A majority do what... — read more
SAS 2023 revenue speculation
What is your guesstimate for SAS 2023 revenue and why?
SAS's reputation in data science lies in ruins...
Do a search on Reddit for SAS under r/datascience and here are the threads... Does anyone use SAS? Does anyone use SAS anymore? Why is it still around? WTF do people use SAS for? Should I learn this? Is SAS an outdated tool? Career su----e? And how... — read more
I think I’m going to start writing my memoirs
Whether anyone will care is another matter.
I'm just so tired.
I'm beyond frustrated with this company. I'm working, on average, 50 hours a week just to keep my group above water. And for what? Cr-p pay? To have the scope of my job keep increasing while other group in SAS tell me they can't do their job... — read more