Do we make it into 2020?
29 replies (most recent on top)
LWR isn’t even funny any more. Why is anyone still there?
Too lazy and expensive.
8 more cut in infinity cloud. Cops were here in LWR.
@113s7v6p-lcoc I really shouldn’t say where that number came from and for good reason. Perhaps if they aren’t sharing numbers that it’s on purpose??
$15M deficit ? You should really say where you got that, or not post it
15 million dollar deficit.
You've clearly never been trolled.
"If you don't like it, you should leave"
It apparently doesn't occur to Synamedia management that going on a layoff board and posting such things over and over, comes across as not only pathetic, but desperate.
@113s7v6p-bdux Eastlink for IVP. YP said no to the CEO and CTO at EastLink because IVP is in such bad shape at the current IVP customers.
We’re helping service providers around the world to deliver, protect, and monetize video content so they can win in the age of Infinite Entertainment.
If you don't like it then you should leave.
"if you don't believe it, you should leave"
The "you should leaves are piling up", it's becoming:
// you should leave
where is becoming
@113s7v6p-4gzt What new business for infinite was turned down?
of course we make it into 2020. And 2021. The new management have got the fire, and they know where the skill in the company is. We going to make IVP the great success it deserves to be.
If you don't believe it, you should leave.
I must say, I joined Scientific-Atlanta in 1997, and relocated to the Lawrenceville campus with my group in 2000 when it opened. For 10 years or so, it was a vibrant, happening place. Interesting technology, interesting people, it felt like the world was our oyster. Labs on every floor in every building, lots of meetings with tons of people, you were proud to be there. For some time after the Cisco acquisition, it felt the same. We even built the 6th building around that time. Then a steady decline under Cisco. Yes, video was a difficult business and now even more so, but some companies played to win and are winning. It feels shocking, stunning, and so very sad to see this once vibrant place come to a slow dying death. Ah, the good'ol days. I'll always remember then. RIP LWR.
What is the right size? 10% reduction? 50% reduction?
Should we go back to just security?
We’ll survive. Yes, there might be more layoffs until we are sized appropriately, but we’re not going to just shut down the business.
Encoding not likely to go to a competitor. We've been the only vendor outsourcing most of the encoding technologies (to Renesas). Renesas! They couldn't care less about s/w encoding, you cannot even find it on their website. Our encoding experts nearly all left or were LR'd long ago. Why would anyone want to touch our stuff with a 10 foot pole ? The few technologies we did do, the experts are gone. What we have is a boat anchor we didn't even design. Every other vendor has their own experts and technology, and they've been investing instead of LR'ing their experts. What a joke.
Permira will likely sell it off in 3 pieces - X1 and certain security items to Sky/Comcast; Encoding to some current encoding competitor; and the remainder at a fire sale prices to God knows who.
The end is near with YP at the helm and turning down new business for Infinite Video because the product is such a POS.
There is literally no hope for synamedia. Yesterday's products for yesterday's market.
@113s7v6p-2tjr If we're the best, we better be watching our asses.
Whatever. The only people whining or let go were or are deadwood. I just got back from IBC and the sentiment is great.
What a pathetic comment in the midst of wide scale layoffs.
We'll be here. We are the biggest and best company in this space. If you don't like it then you should leave.
Most of the original NDS and Cisco engineers will be gone by the end of 2021 and Permira will sell Synamedia to some equally dumba$$ company for small profit. Then buy back again in 5 years for an utterly embarrassing amount (like $150 mil).
Rinse, Repeat, Yeah...
Biggest layoffs yet for November. Already hiring a lot for India and Israel.
Few employees already under cap.
Layoffs in November, 2019.
Is this just conjecture or based on some inside info ?
Possible. For sure, not with the current headcount!!
As a company as it is in its current form? No. Continued layoffs / project cancellations / further selloffs...watch for jobs being sent to India