PE-driven layoffs are scheduled to begin on Tuesday, May 28 and be complete on Friday, May 31. Current overall layoff targets are 900 employees — more than one-third of the employee base. In the US, minimum legal severance will be given to... — read more
Executive Engagement Levels
Paula seems more checked out than the Britannica encyclopedia set I borrowed from the public library in 1998 and forgot to return. I hear she’s putting in about an hour per day Suresh is more disengaged than the Trifacta browser engine attempting to... — read more
The Epic Saga of Pi---l Pearce (RIP)
In the pantheon of failed marketing feats, Lived Pi---l Pearce, averse to spreadsheets. In the annals of marketing blunders galore, he stood tall yet insecure to the core. CMO he was of an AI and analytics shop, yet strangely seemed to lack any... — read more
GET READY FOR INSPIRE 2024!!!
The marquee global analytics event of the year brought to you by the dream team of none other than Paula “please get me out of this place” Hansen Suresh “chief checked out officer ” Vittal Pi---l “dead man walking” Pierce and, Libby “retired and... — read more
Layoffs Confirmed in All Hands
70% of current employee share holders will be part of the new plan.. that means 30% of people are cut. Everyone in PE is getting the equity plan, except for a few individuals who may be "fine tuned" out. And if you're working here without any stock... — read more
Former Trifacta Bozo Leaders Escaping Sinking Ship!
It’s been announced that Trifacta CEO “Adam Bo-b” Wilson is leaving Alteryx in May, for greener pastures. It’s about time.
First Layoffs Starting Just After Inspire
Following major budget cut mandates of 10-40% across the company (depending on department), the first round of layoffs is now scheduled for the third and fourth weeks of May. This is conveniently just ahead of the planned June 1 former RSU payout... — read more
What’s your favourite tune for the end of Alteryx?
What songs are you jamming to as the curtains slowly roll on our dear company?
Unaware, Naive or Simply Delusional ?
I find it mildly amusing as to how unaware, naive (or perhaps delusional?) most people at this company are. I suppose that is to be expected given the large millennial and sales/technical profiles of the employees (vs. Finance). The reality is... — read more
Major Layoff & Budget Reduction Rumours Running Rampant!
Multiple people on different forums are saying that significant reductions are in the works in terms of both headcount and operating budgets, post acquisition. These folks are saying they have heard this information directly from the top leaders of... — read more
Engineering Managers let go?
I notice some engineering managers and directors leaving as of late. Are they being laid off? Or just jumping ship?
Alteryx turnaround
Alteryx Non-GAAP EPS of $1.70 beats by $0.54, revenue of $351M beats by $13.24M!
Vote NO to golden parachutes to AYX CxOs
Alarming: The Alteryx board is seeking "golden parachutes" for CxOs in the acquisition. Unacceptable! Alteryx CxOs, including Mark ($57M), Paula & Suresh ($23M each), Kevin ($16M), have pocketed millions while laying off 30% of the workforce and... — read more
Layoffs before earnings call?
Is this true?
Cloudflare Poaches Alteryx CEO Mark Anderson For Exec Role!
In the release, Cloudflare Co-Founder and CEO Matthew Prince praised Boroditsky’s accomplishments as president of revenue, which included helping to drive “continued growth” for the IT connectivity and security services vendor. As for Anderson... — read more
We are getting LBO’d
Corey Spencer LIED about us not being financed by debt!! https://www.bnnbloomberg.ca/private-credit-firms-near-2-billion-debt-deal-for-alteryx-lbo-1.2032235 Our entire focus going forward will be EBITDA!
Rumors of more layoffs, pre-close
Heard from multiple different points of contact within the organization that more layoffs are on way
Alteryx Employee Compensation After Acquisition
Rumor has it that base compensation for all employees will be reduced by 10-30% and that bonuses will be cut in half after the one-year post-acquisition salary freeze. Also that RSU replacement compensation program will be much much less generous... — read more
Any info on the acquisition details?
Title. Anyone know any leaks?
Ode to Alteryx
In the days when computers sat fat on a desk, Alteryx was king, beating all of the rest Back when on-prem reigned supreme Alteryx rose, an analyst's dream Once worth twelve billion, soaring high, Its fame touched the very sky. No-code analytics, its... — read more
Alteryx Enters into Definitive Agreement to Be Acquired by Clearlake Capital Group and Insight Partners for $4.4 Billion
IRVINE, Calif., Dec. 18, 2023 /PRNewswire/ -- Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with certain of... — read more
Broomfield office shutting down?
Rumor is the broomfield office is shutting down? Anyone know what’s going on?
Q3 All Hands
Mark is being Mark- talks fluff. So many of us ( 97 % to be exact) were hoping he is going to announce his resignation today. Jill Bone threw us a bone with yet another planned survey, outsourced to 3rd party. Lady, what are you surveying for? lol... — read more
Toxic culture
I won't feel bad if I'm laid off. Getting out of this toxic environment can only be a good thing in the long run.
How did this board become so toxic?
OMG this is supposed to be a forum about company layoffs. It used to be nearly silent with just a very few old threads from years ago about Alteryx. This year it has become a majorly toxic cesspool of personal insults and complaints about... — read more
Quiet Quitting at AYX since January
I made the decision to quite quit at AYX since they started quiet laying off people at the end of 2022. Payback for how poorly the company has treated people. It’s only intensified this year given the multiple rounds of layoffs. Working 8 hours a... — read more
Analyzing Mark’s abilities more closely
It’s no secret that Alteryx hasn’t done well these last three years and there are plenty of people here (rightfully?) bashing Mark for it. They refer to him as being unfit, culturally insensitive (often times racist) and blame him for destroying most... — read more
UK Marketing
How on earth is Jirina hiring when she and the company let go of so many talented individuals???
Are we still being sold?
I have not heard any more rumors. Things went cold.
No more layoffs this year
THERE WILL BE NO MORE FORMAL LAYOFFS THIS YEAR. There may be some isolated incidents of low performers and others being let go, but no waves of layoffs like what happened in April and August. The company is moving back to a building mode and is... — read more
Alteryx CEO in fourth place -Bottom 10 percent CEO’s by approval rating
https://www.teamblind.com/blog/most-popular-ceo-approval-rating-2023/ 97 percent of employees disapprove the ceo No word yet by executives on reducing compensation I don’t know what the board smokes daily
CALLS FOR MARK TO RESIGN
We need to make this happen ASAP!!
November layoffs
Are November layoffs a certainty?
Doniel leaving
Mark announced yesterday that Doniel Sutton (Chief People Officer) is leaving after just 1 year. What are your thoughts? No doubt Mark's comment about her hair had something to do with it.
I lost all respect for Alteryx
How did a once great place to work turn into this layoffs-ridden mess?
Finally looking elsewhere
Ask Us Anything session was a poor attempt to rejuvenate spirits, constant waffle and lies spouted by the C-Level leadership especially Suresh. Spoken to multiple teams and they are either understaffed, overworked or suffering burnout. Product, TAM... — read more
Is the November RIF the last one?
Rumor is that there will be another RIF in November. Is this the last one? Do we know who will be impacted? It would be helpful if leadership would share their vision for the consolidations so we know when to expect the change to stop and so we can... — read more
How is everyone coping with the upcoming earnings call.
As earnings call is coming in a little over a month how are you coping?
all good
how is all going? any thrilling news?