I left Wind River years ago and I recently ran into a former co-worker who told me the company is experiencing a mass exodus of its seasoned, most experienced employees while leadership is doing absolutely nothing to stop it (which makes no sense.)
Can anybody confirm if this is true?
Hearing from many sources that TPG is working hard on finding a buyer for Wind. The Green Hills and Cadence alliance puts a total value of $937M on Green Hills. TPG is looking at that and figuring Wind must be worth at least twice what Green Hills is worth. Looking to make a quick return on their investment.
Question is who could or should buy Wind? Wind may be too diversified into IoT, Networking and Defence for a single buyer. Hardware companies are generally focused on one to two of these markets but not all three.
What software company could afford Wind?
I was glad to hear it. We've been top heavy for way too long. One reason morale is bad here.
2 Finance VP gave notice.
a lot of people are starting to leave the writing is on the wall as usual everyone knows the company's gonna be sold I predicted within the next 1 or 2 years. The old timers are probably sticking around to get the package but TPG was really upset with Wind River on the packages that they gave on the last layoffs so I'm going to assume if there's another lay off that the packages are not gonna be as good as they've been over the last few years. A lot of people are looking for jobs right now.... Key people at that.
Maybe it isn’t Wind River as much as it is a problem with the RTOS market as a whole. The continued erosion of the commercial/proprietary RTOS market in favor of free Open Source alternatives seems more likely a reason that people who have experience which is valuable to other companies are deciding now is the time to move on. I wouldn’t take a job with any of the RTOS companies today. Smart people are looking for companies with growth potential, they aren’t going to find it in Alameda or Santa Barbara.
This has been going on for years. Valid post, but its like the (de)Evolution of a company. Lots of other companies have gone through it.
We were bought out by private equity so the roadmap is obvious.
Cut, cut, cut, consolidate, cut, let the older folks leave, cut even more to decrease costs and increase profitability, then resell the shell of legacy products and inexperienced staff to the next victim looking for an RTOS vendor 5 years out.
The verbage in your post looks familiar...Chris Hann? Is this you?
This is absolutely true. Morales is horrible. Back biting. People bringing personal issues into the workplace. Clueless management.
Not a healthy place.