Never seen it this quiet, the business be doing really well???? Hopefully an acquisition is on the horizon???
Synamedia Senza ....wonder how its going?
I heard Senza was in a number of customer trials, hope they convert to revenue soon????
Latest Synamedia Filings changing Share Capital.....comments???
https://find-and-update.company-information.service.gov.uk/company/11305472/filing-history
Redundencies happening again
Redundancies are happening again. Not sure what other areas but has started in MCS!
I heard it happened again
Been reflecting on how my life has improved over the past 4 years since I quit the Cisco/ShitNaMedia pile of garbage, when a friend reached out to say how disappointing it was to survive another round of layoffs today. I felt the same way in 2020 as... — read more
PE Investors been vested for over 6 years now..whats their exit strategy?
As we know PE investors are in it for the money and its been 6+ years now, so whats their exit strategy? Are they waiting for Senza to get some revenue?????
Ex Synamedia Employee who remains vested
I am one of those ex employees that invested in Synamedia post Cisco exit. As an ex employee I get no visibility to how the Company is performing. So for any others out there in a similar situation, let me know what you are hearing and whether we... — read more
Silent Reduction In Force “RIF”
I am aware of a “volunteer” RIF but this didn’t go out to all employees. I am sure, they would be overwhelmed with “volunteers” Engineering RIF’d a whole North America team At what point does Sr. Exec Management get RIF’d? — read more
FY24 bonus
Company bonus pool = 94% funded + BU funding: BT and VN = 95% Shared = 94% MCS = 88% + Manager rating (0%-150%+) Thoughts?
What happens to Direct Tv?
Is it a CA issue?
Here we again…
To quote Whitesnake. Only difference is we are run by an actual snake . People will once again be disappearing
Abandon ship!
And that's speaking as someone who had positive views on the company!
R.I.P. Synamedia
This company has become a mangled sad mess of a thing with a cynical leadership direction. Let's call a spade a spade : The ELT are just clipping the ticket on its way to bankruptcy. In the power vacuum that exists because of this, Syna is now... — read more
Q3 2024 redundancies?
Is there another wave of redundancies going on? It's very hush hush but I could name at least 10 colleagues who've "exited the business" in the last few weeks.
FY23 Accounts
FY23 results are in: https://find-and-update.company-information.service.gov.uk/company/11305402/filing-history It's early morning but here are a few points I pulled out after having a quick read through. Refinance $350m 5 year (SOFR... — read more
SynaMeet Q2 FY2024
I slept through most of this quarterly circus clown show but it seems like PS nor anyone from the ETL explained the terms of the refinance. So much for transparency or was it more of "This is above your pay grade, peons. Stop asking and go back to... — read more
Get ready for feb
It’s time to work hard, under immense pressure. Help your mgmt by extra hours n avoid major cuts in feb.
What do we know about more layoffs?
I always get worried when there are no news or rumors flying around. It always seems like the calm before the storm kind of thing. Not that I'm complaining, but some people were blindsided by layoffs last month and I don't want to be in that position... — read more
Corporate maneuverings underway
Synamedia Holdings Limited is now owned by a newly created Triton Newco 2 Limited and not Triton Uk Midco Limited. https://find-and-update.company-information.service.gov.uk/company/11305472/filing-history Newly created Triton Newco 2 Limited is... — read more
InfoSec Awareness Training
Fearless Leader P.S. "InfoSec Awareness Training is critical both for protecting the company AND for gaining favorable pricing on our company insurance, which is what is driving our 30 November deadline. 318 of you have not yet taken this... — read more
Rumors of more cuts
Is there any truth to rumors of more cuts this month or in December?
Not that Moody's rating is important or anything...
Moody's downgrades Synamedia's CFR to Caa1, outlook is negative London, October 24, 2023 -- Moody's Investors Service (Moody's) has today downgraded Triton UK Midco Limited's (Synamedia or the company) corporate family rating (CFR) to Caa1 from B3... — read more
Cover our as*
"Please note that commitments provided in this statement are subject to change based on market conditions, organisation policies and business needs. Any modifications will be communicated in advance." = "Don't believe anything we say."
Donate a day for Israel?
'Donate A Day' is a worldwide ELT driven fundraising campaign at Synamedia in which all employees can donate the amount of money equivalent to one payday to charity, by taking a day less off. First of all, the company relies on their employees to... — read more
What happened to 2023 SynaPulse?
Hey ELT cowards, where is that once so important SynaPulse survey that you were so proud of? You know, transparency and all. F'ing clowns.
PS Are you there?
Be a gent and resign. Time to go home to Mummy and let the big boys take over.
October Q&A Bull$h1t
Why didn't we try to refinance 2-3 years ago when interest rates were lower? "Predicting interest rates is extremely complex and influenced by various economic factors. It’s challenging to foresee changes with certainty, even with the support of... — read more
FY23 results
FY22 performance wasn't the best: FY22 revenue was down $98.4mn (18%): FY22 $471mn vs FY21 $569.4mn FY22 EBITDA was down $49mn (35%): FY22 $89.2mn vs FY21 $138.2mn Cash at end of June 22 was down 89%(!) to only $6.3mn(!!): FY22 $6.3mn vs... — read more
Is this really the way to run a tech company?
Engineers working on 7 year old laptops with no sign of any refresh. A mostly empty office in Staines because we can't get rid of the lease. An empty office in Chandlers Ford for the next couple of years because we can't get rid of the lease. Still... — read more
News
Bonus news next week during Sukkot. Well done HR.
Team Connect Fund - Creating experiences to build connection
Forget your FY22 bonus. Don't worry about non-existing FY23 bonus. Let's just do origami and make chocolate truffles together. We need a globally diverse team to connect together!!! We are Synamedia! /s If any one of you executive a$$sholes ever... — read more
2 successful quarters in a row....
And a huge new deal with Charter but the promised bonuses from NOV 22 are not paid. According to executives - let's see another 2 quarters like this and then we'll talk. Is 'greedy' an accurate word for this?
Looking for a quick sale
Synamedia is currently being hawked round . The problem is there’s not much to sale.
Jerusalem: another cycle
Is there a new cycle in Jerusalem? How many? Which product they are closing now?
Well Being Carnival…..
Stop wasting money on this cr-p and pay the bonus. This will improve my financial welfare you twats
Senior resignations
There's a few rumours swirling. What has everyone heard?
50% FY23 bonus and piddly rise
Seems academic at this point. Will they actually pay it?
People keep disappearing
Every day someone else seems to disappear from the business. It doesn't feel like anyone is safe. People fearing for their jobs (and still annoyed about the FY22 bonus shambles). Thanks to HR for organising sometime to lead doodling sessions... — read more