Thread regarding Riverbed Technology Inc. layoffs

When can we expect more cuts?

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| 2268 views | | 9 replies (last )
Post ID: @OP+1dXsfagm

9 replies (most recent on top)

Hillarious that someone thinks an AOP planned this month is going to be protected. Soon a new Sheriff will be on town and your AOP will be tossed aside and rewritten.

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Post ID: @1gqw+1dXsfagm

@1qau+1dXsfagm The irony being that you are posting this juicy bit of intel on a layoff website, are you sure that you believe it?

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Post ID: @1ayd+1dXsfagm

Yes, the senior people at this company definitely know a whole lot…

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Post ID: @1qef+1dXsfagm

There isn’t going to be cuts. If you were senior enough to have sat in any of the AOP going on this month you’d know this.

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Post ID: @1qau+1dXsfagm

On the one hand, the reconciliation of Aternity is probably creating some boat while the last TB cut was relatively deep. But I don’t believe they’re a 1:1, so some areas could see cuts.

In all, the $100 should give the co some cover before cuts happen.

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Post ID: @1eek+1dXsfagm

When TB took over, they had a massive layoff right before the deal was official (guessing TB wanted the headcount off their books before taking over). My guess is they'll do the same this time.

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Post ID: @zpl+1dXsfagm

Nah, I’m guessing January, maybe early February. This quarter’s going to be tough as it is with customers spooked over the bankruptcy, but they’re not going to want to wait too long and risk it looking like two bad signs in succession instead of one - rip off the bandaid and move forward. The big question is when Apollo is going to replace the CEO. My guess is that the new guy will come on as an “advisor” for a couple weeks, they’ll make Smoot do the dirty, then oust Smoot and the new guy comes on with clean hands. Ideally before SKO, so they can pump up the people left behind.

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Post ID: @gbb+1dXsfagm

I would think as soon as the deal closes - could be as early as end of December before the new year.
I doubt the new board is going to allow the company to simply continue staggering along.

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Post ID: @pfv+1dXsfagm

I'm guessing nothing before next year?

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Post ID: @bkf+1dXsfagm

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