This week, Syniverse has internally announced laying off 15 % of its
employees, worldwide. That means 300 employees are affected. The
layoffs mainly happen in the US (Tampa, Florida) and India,
although other locations are affected, as well.
In related news, just a few months ago, Syniverse internally
announced to close down its mobile roaming data clearing house (DCH)
development center in Rüsselsheim, Germany until the end of 2018.
This amounts to laying off another ~ 65 employees.
This follows the previous layoff of ~ 40 Syniverse operations
engineers in 2016, also in Rüsselsheim, the 2017 shutdown of the
Syniverse A2P office in Würzburg, Germany (~ 60 employees), and
the constant layoffs in other Syniverse offices around the world
Syniverse is well known for since it's owned by the Carlyle Group
(a private equity corporation).
As always, Syniverse management plans to off-shore the work done
by the laid off engineers to remote locations like India and
Costa Rica. It's confident that this disruptive reorganization
doesn't impact the service-level agreements with existing
customers and magically leads to a path of ultra growth and rapid
innovation (executed by newly hired and inexperienced engineers).
Giving the history and current developments, it's likely that
Syniverse will also shutdown its last remaining office in
Germany, Bonn in the next 1 to 2 years. Followed by Europe
Headquarters in Luxembourg in 2 to 3 years.