Thread regarding Quest Software Inc. layoffs

Bonus Payout

So Dell folks got 125% bonus, any idea why for Quest it was lower ?

also, I've heard is EBITDA target is missed by more than 10% there will be no payout next year ? Anyone has a clue how big this target is ?

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Post ID: @MXtbelp

3 replies (most recent on top)

Presidents Club is a distant memory for many in Round Rock. Time to lay off more quest folks.

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Post ID: @MXtbelp-4yuz

Now Franciso will see how to make the money and will layoff a few hundred quest folks since they got screwed in the deal and with the market tight with bigger players expect them to hand out pink slips. This time no cake

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Post ID: @MXtbelp-1ezy

Because Quest (even after laying off 25% of its workforce) was so screwed under Swainson that they couldn't come close to meeting the target. The fact that there was any bonus at all was only due to the fact that Fransisco realized that there was potential for a mass exodus of people if they didn't throw them a small bone.

Contrast that to Michael Dell and his idea of borrowing to success. The bonus there was the sugar before he spends the $450+ million they have set aside for layoffs this year. Bread and circus.

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Post ID: @MXtbelp-1evr

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