Thread regarding Riverbed Technology Inc. layoffs

New comp plan

Thoughts? Is this a part of the strategy to get rid of people?

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Post ID: @XA1gUCx

11 replies (most recent on top)

I say, I say, the goal was to put the chap's dangly bits and the jubblies into a proper vice you see. We gathered all the starkers and designed a voting regimen that no one understood, voted on it and therefore exonerate ourselves of proper blame. There is no plan to fix, back out or anything you see as this is not proper British actions. We leaders will be beating the bishop later collecting baby batter for future generations you see .. all the while sticking it to the balloon knots.

Tea time chaps!

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Post ID: @XA1gUCx-8zdt

The real JK is back. There will be no bonus for non sales people because are an expense and we don't need you! We are pushing hard our star sales people who are making money for this company rather than being a liability. Make me more rich!!!!!

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Post ID: @XA1gUCx-6iuj

New comp plan in sales is def there to get us to linearity faster with a 50% drop in BCR. Management needs to hit a number by a certain date and is willing to make us hungrier to get there. You combine this with the fact that they cancelled SKO in Q1.... they are saving a ton of cash flow Q1/Q2. I think they are pushing for something very soon call it a merge or IPO. Hopefully it is successful and good for all of us and goes through, as it seems like a lot of people may starve/get axed for it... I know a lot of us have been waiting a while and have gone through significant changes for it!

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Post ID: @XA1gUCx-6kkm

No bonus since 2015 either, still don't understand what new plan you guys are talking about

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Post ID: @XA1gUCx-2stq

To my knowledge the rank and file don’t get bonuses (at least not this rank-and-filer). Salary-only since 2015

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Post ID: @XA1gUCx-1lgb

@Warren Buffett: yes and yes. You should know the game better than anyone.

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Post ID: @XA1gUCx-1hdk

For non sales , no bonus expected for 2019

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Post ID: @XA1gUCx-1dbb

What new comp plan?

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Post ID: @XA1gUCx-djw

Or is the incentive to get to linearity faster? Certainly preserves cash in 1H 2019. Read into that what you want.

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Post ID: @XA1gUCx-gvf

It's usually preferable for people to quietly leave on their own. RIFs are not good for morale or publicity.

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Post ID: @XA1gUCx-zaj

Care to elaborate?

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Post ID: @XA1gUCx-jla

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