Synamedia Layoffs

Topics regarding layoffs at Synamedia

Early retirement offers

Several Sr. folks in LWR Infinite/cDVR engineering from the old SA crew were offered "Early Retirement" packages. Although it was "optional", my understanding is that all of them accepted. What does that tell you about their faith in the product and... —  read more 

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| 310 views | |
Post ID: @111QzgKk

Bunch of liars

When Cisco sold us, they committed to pay us bonus for one year at least. In May, they sent an email about bonus being paid in September and not August. Now, there is no bonus!!! Where the “People First” did go? I am afraid we are dealing... —  read more 

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| 595 views | |
Post ID: @10ZD7HHx

More Layoffs Synamedia Lawenceville

Synamedia LR 12 second level manager in Lawrenceville last week and the VP is also retiring (so in his words). All 12 manager reports direct to him. I wish them the best but it was hard to see what some of them were doing except keeping a paycheck... —  read more 

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| 1255 views | |
Post ID: @10RwROpl

Tumbleweed...

is this indicative of company activity?

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| 1570 views | |
Post ID: @ZHj4x4g

Grandpa Doesnt Love You

So Permira has finally realized that they bought a crock and the "management" team are a bunch of id--ts Huge layoffs coming and Grandpa will NOT be protecting the tribe. I hope he'll be OK though —  read more 

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| 2854 views | |
Post ID: @YFFZzbR

Deadwood

Synamedia has more than twice as many employees as Mediakind, why? Too many directors, no clue what they are doing. Engineering has so many subdomains guess to give all those directors a job. There are even directors for CPE, I really try to figure... —  read more 

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| 1395 views | |
Post ID: @YDcGKLj

2021 prediction

Synamedia headcount will be 20% of what it is today, business will be sold to a service house to maintain legacy products

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| 1322 views | |
Post ID: @XQhFYh5

Site closure news?

Rumors swirling about site strategy meeting in US locations on 2-26-19. Other rumors and news regarding their futures?

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| 1934 views | |
Post ID: @XNGzGv5

We need to pick up some pace

Many good people at the company that has a lot to offer, but I feel a lot of their skills are staying unused due to a system that’s turned thing at the company to a stet where it’s pretty chaotic. No use having all those resources when they are not... —  read more 

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| 1583 views | |
Post ID: @XiYc97x

There is no certainty anywhere

For people who are worried about Synamedia’s future, chances are you will not find any place where layoffs are not going to be a possibility at some point. Even Apple and Amazon have layoffs, it’s just the reality of today’s business. This is still... —  read more 

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| 624 views | |
Post ID: @Xi4MF5O

When will we start seriously innovating?

For a company that has so much smart and capable people, I feel that we are not innovating nearly enough. We seem to be stuck in some kind of routine in which the workers are more focused on day-to-day operations than they are bringing new solutions... —  read more 

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| 711 views | |
Post ID: @XhCtNZ5

More info on closings?

The company is bleeding capital, and efforts are underway to start consolidating product teams and closing U.S. sites. Layoffs have already occurred and will continue for some time. What site closings are you talking about? Has there been an... —  read more 

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| 761 views | |
Post ID: @XhNpuG6

Anybody else worried?

Let me start by saying that I love working at Synamedia. I like the people I work with, we are up to date on our technology, the pay and benefits are competitive... Yet it seems lately like we are stuck in place, and that's causing us to lose market... —  read more 

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| 1327 views | |
Post ID: @XgtRmgD

WFH should be allowed and encouraged

I'm not referring to sick kids related WFH, as this should be treated as an exception. But overall, WFH should be allowed and encouraged. Trust employees to know themselves enough whether or not they can manage the self-imposed routine of working... —  read more 

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| 888 views | |
Post ID: @X3i4qCz

Sky Invests in Synamedia

---->Anyone knows how much they invested ? LONDON – Synamedia, the largest independent video software provider, today announced that Sky, Europe’s leading media and entertainment company, has taken a stake in the business, joining majority... —  read more 

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| 834 views | |
Post ID: @X3WpLbJ

Compulsory Office Attendance?

Latest info - some in certain locations are now required to be in the office whereas under Cisco they were remote workers. If not in the office, requirement is take day as PTO, not work from home. Result - formerly remote workers who needed to tend... —  read more 

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| 1363 views | |
Post ID: @WXssG3b

Latest layoff stats?

Does anyone know what's the latest layoff headcounts at various sites.

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| 889 views | |
Post ID: @WDW4j9w

compensation

what about the new compensation model? when we will there be salary raises? will there be a replacement for RSUs, ESPP? what about the bonus process? —  read more 

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| 1840 views | |
Post ID: @VZpQfpJ

Synamedia in the news

Video Software Solutions (SPVSS) group has been rebranded Synamedia following the completion of its acquisition by equity investment group Permira. The company boasts a workforce of thousands located primarily in the US, UK, Israel, India, Belgium... —  read more 

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| 1114 views | |
Post ID: @VTNoqgG

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