I think everyone agrees that a large cut may be coming to CX very soon. After a string of semi-successful acquistions and poor integration plus miserable innovation - CX seems to be tired and undesirable. The management behaved like a good old private equity boy club, bought assets and juiced revenue while it lasted. But, it never lasts forever... What will happen? Nobody knows but I think people are not feeling good about the future of CX. I hope I am wrong, but hey, life is a box of chocolate.
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Assuming R.T. knows he's on his way out?
Any idea which teams will be impacted in CX?
CX never got the management attention and the marketing dollars it would have needed to compete with Adobe, SFDC, MS and the smaller ones. The best people in CX and Advertising already left right after most of the acquisitions anyways. Such a pity really!
Is marketing the main target?
Yep, R.T is gone based on poor CX showing
Heard R.T. got let go as CX wasn't performing well.
At least in mktg, Aug 1st ( M5 and M6) folks will be notified. And you wonder why that date? Because O is going to give you a middle finger before you leave, it will be before your RSUs vest.
Come Aug 5th (those M4 and below) will be notified whether you're gonna be let go or reshuffled into another group.
Heard sales, development may also be impacted.
As the saying goes, "May the odds be ever in your favor."
Innovation? What is CX innovation?
They actually moved some old irrelevant HCM technology to CX with this latest update. Have no idea why, because it's not CX technology at all... but as some have said... there is some powerful technology included in CX... it'll be something slow like they've done with Taleo.
Yes, @yqa - that's the stragegy. Make it slow. While milking the revenue. As the OP noted, it's a mid-tier PE play
What will they do? End of life products? Stop dev? A lot of SKUs there. Sounds like slow painful death.
Other groups are better, so why did CX mess up?