Thread regarding Qlik Technologies Inc. layoffs

Layoffs July 2020 - 7% of global workforce

7% of Qlik global workplace were laid off this week.

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Post ID: @OP+15Qik9D6

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I left on time - the beginning of 2019. Indeed toxic company is appropriate qualification. I have never seen such disfunctional international company. Extremely incompetent management who has no clue to recruit and manage diverse international teams. What a pitty. Then they start talking about its swedish roots. The Swedish management with which all of my US team had to deal was especially incompetent and clueless. No wonder Qlik ended as Thoma Bravo acquisition - it makes sense..

Many more are now looking to leave that toxic company
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Post ID: @2Icrb+15Qik9D6

I was laid off too after receiving a promotion and pay hike :-) 90% of my team was wiped off, their cloud-first strategy is full of c-ap, the RnD don't understand the concept of stateful vs stateless applications and tried running a stateful application such as Qlik on Kubernetes and marketed it worldwide, many POC were done and screwed up, after a year they realized they are not capable of handling such things and sc-apped the entire program such a waste of time and money

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Post ID: @1Huui+15Qik9D6

Yeah after making HUGE profits at the end of 2019...
What a sh– company with a sh– spirit...
√Čven in countries that were is good financial health, they decided to lay off...
No words.

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Post ID: @Urpf+15Qik9D6

Qlik was a GREAT company in it's Swedish past. Still an amazing set of products, best in the market.

But Thoma Bravo, I mean this just shows you what happens when a hedge fund runs a business, especially an American one.

I'm hoping Qlik goes back to it's roots or something better happens in the future.

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Post ID: @ftdq+15Qik9D6

Could this also to help "pad" the balance sheet as they either look to be acquired or go back to being a public company?

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Post ID: @edti+15Qik9D6

Many more are now looking to leave that toxic company

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Post ID: @7aon+15Qik9D6

Mike Capone, Qlik's CEO, announced on Monday, 7/6, the layoffs affected 7%, or 160 people, of the global workforce.

To point mentioned previously, Qlik implemented a 10% payroll cut across the board in order to avoid layoffs. It appears the pay cut was too onerous for management to stomach. As a result, the return to full pay appears to have been financed by the elimination of the livelihood 160 people. PEOPLE.

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Post ID: @3kbq+15Qik9D6

This is due to their change in strategy. Actually they are far behind their plans to become a cloud-first company and the relation of perpetual licenses vs. subscriptions. Moreover, EMEA Management is only executing what AMER Management determines.

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Post ID: @3wwx+15Qik9D6

Keep in mind Qlik initiated a 10% pay cut in May to avoid a RIF. Now they RIF anyway and will put remaining employees back to 100%... this is mind blowing to those affected

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Post ID: @1wyf+15Qik9D6

About 160 people, about 30 from sales

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Post ID: @1dya+15Qik9D6

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