Thread regarding Riverbed Technology Inc. layoffs

~40 Employees set to receive total of $9M+ in retention bonus

Stay for a year, get a nice payout. If you are one of the lucky 40.

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Post ID: @OP+1dEZVR8N

8 replies (most recent on top)

It's a great plan! Take all the people responsible for flying this plane into the ground and make sure they stay at the wheel long enough to finish the job. After all, they made such great decisions up until now - I can't wait to see what they come up with next!

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Post ID: @Dbro+1dEZVR8N

Any public case documentation out there to know who these 40 “Key Employees” are ?

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Post ID: @Duzc+1dEZVR8N

They'll probably pay it in equity XD

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Post ID: @1qjt+1dEZVR8N

There’s a separate management incentive program with some small amount of equity for normal management, and a yet to be defined employee incentive plan for the little guys. The 9M is only for the big fish.

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Post ID: @1cxc+1dEZVR8N

C*Os that help the TB/Apollo to complete the deal/steal will take most of it for the corrupted corporation. Regular employee, no way!!!

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Post ID: @1byp+1dEZVR8N

That’s probably for the SVPs. Like politicians, they always take care of themselves…

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Post ID: @1fkn+1dEZVR8N

$9M/40 is average of $225K per person. If I hadn't already left don't think that would keep me there (a yearish salary) - you can get more than that as an initial RSU package + salary increase at another company.

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Post ID: @tge+1dEZVR8N

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