Thread regarding F5 Networks Inc. layoffs

Anyone heard about upcoming layoffs ?

Anyone heard about upcoming layoffs ? While I havent heard of any details but I suspect strongly that there will be some in Oct or early November. If you have any information please post here

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Post ID: @OP+17pGSzgS

9 replies (most recent on top)

Bonuses, pay increases etc aren't a sign of job security. They will lay off all the time. F5 is known as a layoff machine.

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Post ID: @vnpm+17pGSzgS

They just gave everyone a 1% bonus to make up for the "no merit increase for FY20", so I doubt they are going to turn around and lay people off a month later. That would look pretty messed up.

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Post ID: @ssil+17pGSzgS

Elliott now on the scene, there will be layoffs, that is what they do, layoffs good for shareholders, look at Elliott’s track record

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Post ID: @sbgc+17pGSzgS

I also heard no layoffs FY 20 which ended in September. They can always try and lay people based on performance rather than layoffs. A common tactic.

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Post ID: @onvw+17pGSzgS

The commitment was no layoffs in FY '20, which ended Sept. 30th.

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Post ID: @oeyb+17pGSzgS

They promised no layoffs in 2020 at the start of lockdown. I don't think they will backtrack that.

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Post ID: @npbj+17pGSzgS

F5 lays off employees consistently and aggressively. Look at their track record.

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Post ID: @lxsi+17pGSzgS

This isn't a patent deposition. What have you heard?

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Post ID: @luqc+17pGSzgS

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