I will bet what is next is an announcement that Cloudera has just been sold to either IBM, Accenture or weirdly Pivotal. I'm betting on one of the first two. Welcome to another "flip or flop".
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I am curious. Did anyone get advance notice that they would be terminated? I didn't see it coming. It was, "Due to COVID-19, blah, blah, blah" your last day is today, effective at 1:00 p.m.
Correction: 179 were cut from support.
In my separation package, there is a document titled, "Information Concerning Reduction in Force."
The document shows that over 550 persons were let go from Support. I suspect Support had the largest number of people cut.
SInce the merger, the vast majority of those laid off are former Cloudera (pre-merger), and not in an HR protected class.
Terrible here today after finishing work for the week. Rows and rows of empty desks that a week ago had colleagues sitting at them. We're taking a financial bath and the next round of cuts are going to be against our staff in non US countries. It's dire in APAC region and they're going to be hit at the end of this month.
Each team was affected differently. It feels like 5 to 7 percent cut from my vantage point - I have no official numbers and the execs said it'll be under 10%.
Headcount - Per our 10K Annual Report:
- As of January 31, 2020, we had 2,723 full-time employees. Of these employees, 1,429 are in the United States and 1,294 are in international locations. None of our employees is represented by a labor union or covered by collective bargaining agreements. We have not experienced any work stoppages. We consider our relationship with our employees to be good.
I have no idea how it was distributed across the company, but I know of one (profitable) team that lost 40% on 5/5, all good performers.
It was less than 10% as stated by management. Please stop spreading lies. You don't hurt leadership when you do this. You hurt the front line folks (aka your former peers)
Some groups were hit more than others. Yes, it was across the board. The average across the company was in the mid single digits. That is far away from 1/3 or even 15%-20% of people. Don't shoot the messenger.
I am an ex Clouderan. Left before the company went public. During my tenure, I was astounded at the 30% turnover (mostly people leaving)....very toxic work environment (inflated egos, out of touch management that hand drunk too much of their own cool-aid, immature middle management, and high school level bullying...I honestly felt like I was in a bad high school). So glad I got out when I did because I did not feel things will end well.
Most of the laid of employees were not given a good severance package by Cloudera. Many of them who have been for a long time with the company were let go with a dismal severance package. For comparisons AirBnb in San Francisco announced a generous severance package.
The layoff was between 15-20%. With the layoffs there seems to be a slight bias in getting rid of cloudera folks vs the newly merged hortonworks entity folks. Also older folks (40 and above) were discriminated against by the recent layoff.
This is a flat out lie. 1/3 of the workforce was not let go (nowhere remotely close to that). It was a very small layoff percentage wise.
I was one of the laid off. They did say it was company wide, but not how many. I was on a team of about 12 and afaik I was the only one on that team to be let go. However our team was directly profitable, so others might have been harder hit.
IBM for sure, global layoffs yesterday US mostly, marketing / Professional services /engInterring
IBM? Maybe. Accenture? Why would I consulting/services company pick up Cloudera when it's constantly kept away from those markets? Pivotal makes even less sense.
I know people who were affected. It’s not 1/3 of the workforce, not even close but it was a deep cut. Sounds like the company has a plan to reach profitability and to get there these cuts were required. It’s unfortunate.
Yes, massive workforce reduction at Cloudera today 5/5/2020
So were there massive cuts today 5/5? Did it actually happen?
Pivotal was merged into VMWare in January and got cut down a bit in size to boot. Don't think they're buying anything anytime soon.
Hard to imagine what Cloudera has to sell in the short term: on-premises customers and a cloud offering that never got off the ground. It's probably still got beaucoup cash in the bank, but hard to say who wants to buy that dollar-for-dollar. Maybe Oracle if the discount is compelling.