Thread regarding Extreme Networks Inc. layoffs

Another layoff

More layoffs today at Extreme. That place is a joke.

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Post ID: @11LCIa6I

11 replies (most recent on top)

Heard more people have been notified last week. Most of layoffs are legacy Wi-Fi and cloud as the Aerohive employees take over.

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Post ID: @11LCIa6I-Xhro

WARN only cares about full time employees and not contractors.
Aerohive did layoffs before being acquired see: FAQ 9 in https://investor.extremenetworks.com/static-files/f2ded908-ca6c-4533-a81a-8db13aed70f9

These layoff were planned in June, see the SEC filing: https://investor.extremenetworks.com/node/18966/html

"On June 25, 2019, Extreme began executing a plan to better align its work force and operating expenses in the current business climate (the “Plan”). Extreme estimates it will incur charges beginning in the fourth quarter of fiscal 2019 through the second quarter of fiscal 2020, inclusive, in the range of $14 to $16 million. $12 to $14 million of the referenced charges will be paid in cash over the life of the 2019 Plan. Upon completion of the 2019 Plan, the potential savings expected to be achieved as a result of reduced employee related expenses and lower operating costs will yield annualized savings of $24 to $27 million. Costs associated with the 2019 Plan are primarily comprised of employee severance and benefits expenses, relocation of personnel and equipment and exit of excess facilities. The amount and timing of the actual charges may vary due to required consultation activities with certain employees as well as compliance with statutory severance requirements in local jurisdictions. Extreme expects the severance and benefits will be substantially paid by December 2019, and the excess facilities obligations will continue through December 2027."

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Post ID: @11LCIa6I-gvsw

@5zix, are those 51 all from Aerohive and or Extreme?

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Post ID: @11LCIa6I-6qnc

8/29/2019 11/01/2019 09/05/2019 Extreme Networks, Inc. San Jose Santa Clara 51 Closure Permanent
https://www.edd.ca.gov/jobs_and_training/warn/WARN_Report_for_7-1-2019_to_10-25-2019.pdf
At least 51 in California, who know how many else where.

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Post ID: @11LCIa6I-5zix

Can't see how anybody could say this was "pruning old branches." This layoff targeted a huge piece of the XMC UI team, probably in a ploy to outsource to India and/or k–l the product off. Not sure how they're expecting to manage switches without it.

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Post ID: @11LCIa6I-2grq

Not to be the devil's advocate, but this was (at least in part) overdue. I'm sorry for some valid ex-colleagues but the way I see it, this was pruning old branches.

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Post ID: @11LCIa6I-1hco

Which group is affected and how many total ppl ?

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Post ID: @11LCIa6I-1luo

The guys at the top are id–ts. With a little effort Cisco and Aruba could remove these fools.

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Post ID: @11LCIa6I-1qht

Can't wait for this place to go bankrupt from it's EXTREME incompetence in understanding the value of it's programmers over it's management and sales positions.

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Post ID: @11LCIa6I-ihn

Seems to be focused in Salem. Not sure of how many were impacted.

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Post ID: @11LCIa6I-lil

How many impacted and where?

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Post ID: @11LCIa6I-fqw

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