Looks like it wasn't a friendly parting of ways between Cisco and Synamedia, largely over the Chandler's Ford leasing arrangement. https://casetext.com/case/cisco-sys-v-synamedia-ltd-1 Plaintiff Cisco Systems, Inc. ("Cisco") brings this action... — read more
All hands soon
Bonus news? What has the hobbit got in its pocketses?
Co. Values
It's been a while since I've heard the phrase, "People First "!
TG is a coward (Everguard vent)
Just in case anyone didn't notice it, TG and Nick said Everguard was being further restructured. What they mean by that is Everguard is being shutdown. Only a skeleton team for maintenance will be left to support our 1 actual customer. If you are... — read more
No bonus paid?
…so some people being laid off are getting their bonuses not just in Israel
Synamedia to close head office
In order to further demotivate employees the “leadership” team at synamedia has decided to close the head office.
#Wrong Stuff
Nepotism is alive and well at Synamedia. The lay-offs would certainly make sense based on the financial situation of the company even though heartlessly carried out prior to Christmas by a company that allegedly supports diversity, inclusion but... — read more
It is a deliberate policy folks
I simply cannot believe what is going on here - the bonus debacle, the pay freeze, the silly stupidity of the senior managers and YET they are still in their positions. In any normal company the CEO would have resigned after teling everyone that... — read more
A round of applause is due to our CEO...
Following the latest round of redundancies and the suspension of our bonus, I think the CEO needs to be congratulated for successfully demotivating the entire workforce and destroying any prospect of us becoming more efficient. At the Christmas party... — read more
What’s keeping you here?
Question for the unfortunate survivors - what’s keeping you here? Is it the chance of massive rewards when the exit from Permira comes good? Maybe you feel like you’re at the cutting edge if something great? Maybe you love the fact that you can keep... — read more
Question about severance pay
Now that I read some of your terrible experiences on this forum, I'm happy that I didn't accept the offer here at the time. If I may ask, what kind of package did the affected employees receive?
How many are cut so far?
I am under constant stress thinking whether there will be more.
Case study company
Basically, I don't care about this company anymore, I'm looking for a way to exit, but when I look back I can't even explain to myself how this place, which used to be really great, has become almost a case study on how to destroy a successful... — read more
Communication plays a vital role in layoffs
I am very disappointed with how the cuts were communicated here. If the leadership does not care enough to treat the employees who are affected with respect and compassion, then they should care how badly communicated layoffs affect the morale of... — read more
Pay rises to be put on hold indefinately
It's not only the bonus that has been frozen!
Just doing enough to stay out of trouble. . .
I no longer believe that giving your best can save your job. Actually, does anyone believe that hard work is still valued here?
Be not passive!
If you are interested in taking a leading role in your situation, rather than a passive one - then get to work on your CV, confide in someone trustworthy, apply for jobs, evaluate your potential, and take charge of your situation.
Be grateful, not spiteful.
There are tremendous lessons to learn now. Don't pass up this opportunity to learn, observe, analyze, be creative, and even vibrant. It's up to you, not 'them', to determine your own unique response to this. Best wishes!
Main target
Everyone is talking about cuts and morale is very low. Certainly no one should feel safe but rather prepare to hear the bad news, but who do you think will be the main target?
Quite nervous about going into work now
It looks like it can only get worse here. What should we expect by the end of this year?
I don't remember a worse atmosphere
The atmosphere is very bad and the uncertainty is huge. Has it ever been as tense as it is now? I haven't been here long enough to know. If you already haven't, I think everyone should start looking for new opportunities. My advice is don't... — read more
Is this the big one?
It’s starting tomorrow. Good luck everyone.
What do you dislike the most in this company?
I can no longer think of anything that I do not dislike here. It's definitely time for me to leave.
Stealth redundancies at Chandlers Ford
Redundancies have been happening quietly over the year with no announcement or leaving do, people just disappear like a Hong Kong dissident. Now speeding up with four “retiring” and work moving to India. Bonus delayed so redundant engineers then... — read more
What’s up with the secrecy?
I’ve seen a couple threads on a certain executives departure over the past two weeks that were removed within 24 hours of being posted. Neither of the threads mentioned the person by name. Does “the layoff” site allow companies to request threads... — read more
More and more layoffs - and more coming
And the only one that really needs to go is Bilbo Baggins himself. Talk about Bag End.
New wave of layoffs?
I see many status changes in Linkedin...
The irony…
In light of not being able to sell stuff, Synamedia’s resource management plan is to reduce headcount in any region not named “India”. This will allow them to manage costs and keep the business alive until they can happen upon a product they may be... — read more
The Massacre of the Innocents Has Started - APAC First. Rest of the world is next
Singapore office - decimated - sales down to one person. Basically no one else left. Tumbleweed... India - Sales leaving in droves or being "let go". Down to basically one salesman. Most engineers gone. Only a vague R&D skeleton left - clueless for... — read more
Has employee morale improved?
I left in 2019 and from what I remember, morale was in the dumpster. That's one of the main reasons why I opted to leave. I highly doubt that things have changed for the better since then but I'm hoping that the unlikely has happened for the sake of... — read more
Tech-Chimp Sightings at NAB
A super, awesome, lovely, gathering of Tech-Chimps spotted in Vegas today at the Synamedia booth. MANY bald heads in tech-chimp Ciscoesque outfits - cr-p jeans, shiny shoes, open necked shirts with t-shirt showing at the neck, "sports" jackets... — read more
...all this for less money
Synamedia's target salary increases this year were 1.5% for US/UK, 2% for IL and 5% for IN. In a normal year these targets would be considered offensively low but with inflation rates being what they are this year it means you're making less money... — read more
What's our biggest issue right now?
Toxic work environment? Outdated technology? Incompetent management? Something else? For me it's managers who are left to do whatever they want without any consequences. Bullying, yelling at employees, taking credit for work that's not... — read more
No need for quality employees
As ugly as it sounds, Synamedia has no need for quality workers. Why would this company need quality workers? What leadership vision requires quality workers to implement it? There is no such vision. It is difficult for some to accept the truth... — read more
Perfect plan - well executed
The implosion has started. The last round of layoffs inspired a follow-on exodus of talent. We can’t even hold on to talent in India where engineers are leaving for new roles paying between 40 to 100% more. To make matters worse - the first... — read more
Never stop looking for the next job
I just landed a position that pays 20% more and offers better benefits without ever intending to leave. I just listened to a friend who convinced me to keep applying for jobs just to keep my eye on what's out there and to keep my interviewing skills... — read more
Mwahhhahah - Look at this nonsense - Cisco all over again
So - after almost three years this is the big idea... one size fits all. No more custom products. Abandoning your our biggest customers. This is The CISCO Plan 2.0 Hey - why not call it Product + Custom? What utter cobblers. Read Paul Sangria's... — read more