CEO Tom Barton steps down after 3 months. Employees notified of RIF’s week of June 25th and chapter 11 filing happening same week. Heard employees are pillaging the offices before they close the doors for good.
150+ affected in layoff
Heard it was a huge layoff and more than 150+ affected. Why the operation is not completely closed ?
More Layoffs at Tintri 3.1.18
Ahead of a dismal earnings call taking place March 5, 2018 after market close Tintri slashes the workforce again. Wonder when the fire sale will begin.
Worst managed company I ever worked for
c level execs drove this company into the ground. If no hidden acquisition then the last round of layoffs as of yesterday is a precursor to bankruptcy.
Tintri Layoffs Sept
At the end of Sept (22nd) Tintri laid off a good portion of its sales force to try and salvage Q2 earnings. There was roughly a 10M shortfall, and they tried to cover with no notice layoffs and minimal severance.