Thread regarding Kofax layoffs

Up to 300 are expected to get RIF'd this week?

Rumors coming from the sales department at Kofax is that about 300 or so employees are going to get RIF'd. It was going to happen last week but got postponed until this week.

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| 2491 views | | 8 replies (last May 3, 2020)
Post ID: @OP+14zDnvYS

8 replies (most recent on top)

The process already started, people are being laid off as we speak. Believe me, these are colleagues worked day and night to get business pulled in.

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Post ID: @dxkj+14zDnvYS

there are other ways to cut costs. Cutting employees at this time during this pandemics is not exactly ideal. "We are NOT in this together"!

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Post ID: @aput+14zDnvYS

It's very unfortunate and not needed. Sometimes you just need to be happy with the revenue you make, I mean especially with all the things that are happening in the world.

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Post ID: @8mdv+14zDnvYS

How long does a company need to wait after a RIF? Seems like kofax waits 0 days. Any BDR's RIF'd? https://jobs.silkroad.com/kofax/careers/jobs/219242

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Post ID: @7sty+14zDnvYS

I got messages from 2 former colleagues who were included in this latest RIF. Both were in the America's sales organization. I didn't press to learn how widespread it was across the company but it wouldn't surprise me if the cuts were deep.
Poor management and leadership is exposed even more at a time like this.

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Post ID: @1kam+14zDnvYS

yep. they pressed the button again... High Management didn't even bother to volunteer to lower their salaries, just fire the ones that do the work...

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Post ID: @1sff+14zDnvYS

Yes, no rumors, just facts. I’ve even heard it will be 1/4 of all employees. I hope for the best, have been in one too many.

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Post ID: @cfc+14zDnvYS

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