Is there news on new layoffs again Oct/Nov? I heard managers discussing the list within.
Rockstar sales guy calls it quits after 15+ years with “company”
A long prosperous run with plenty of time to spend relaxing with family while 1,000 plus former colleagues make due with insulting severance package. Bravo Thoma, Bravo indeed!
2024 SPENDSETTERS Yasssssssss
Just what I have been waiting for; the 2024 edition of Spend Setters!!🤡 Do we expect the man, the myth, the legend MVK to be the master of ceremonies for SPENDSETTERS 2024?!? I certainly hope so as Coupa without MVK is just a immature Ruby on Rails... — read more
winter is coming…
can’t speak to other areas of the company, but if they are slicing US support I am sure TB has no problem slicing anyone else. the plan is very clear. create a support center in bogota for a fraction of the price, have the US team train them. Offer... — read more
New C Suite?
Interesting to see a new COO has been placed, does this mean Rob is gone? Any update on a new CEO?
There is only one winner and rest all are F*****d
Equity Gone for most except for foot lickers Bonus gone for all. Enough proof if we look at the past acquisitions* Head of engineering busy with his unethical s*t and QA ruling all because of the convenient oversight Spineless next level... — read more
Almost 100 open positions posted on Coupa career website
Every single one of them that is not a sales role is based in either India or Columbia, Surprise! These job titles look suspiciously similar to that of the roles they RIFed in the US.
How are your “supporting” leaders supporting you during these difficult times?
They aren’t managers, they are supporting your growth! How’d the “support” go when the rubber hit the road? I know looking a layoff in the face can be daunting and scary, but if these people laid you off, they are doing you a favor. The amount of... — read more
Round 2 Predictions?
I am hearing rumors that the next round might be before the end of July, anyone else hearing something different?
Just a matter of time
I feel terribly insecure and I am worried it is just a matter before another round of layoffs happen. It is affecting me mentally and I’m thinking of quitting the company. There is very little support from the management team and I can’t continue in... — read more
Delayed release, poor quality, people leaving, no solid plans
Coupa, once known for high quality is in shambles now with latest release delayed by few weeks due to multiple blunders. No surprises as most of their top engineering folks including senior most architects, almost all senior cloud engineers have left... — read more
Job security
Does anybody else feel like job security is now a thing of the past at Coupa?
Product and Engineering update
They failed to give a clear picture on the layoffs, neither did they give details of the future roadmap. All they said they cut staff to balance growth and profitability which doesn’t make sense. There were no real changes to the leadership, poor... — read more
What were they thinking?
Now that we know better who was let go, it's obvious this layoff has done a great job of getting rid of some of the best people! I can't help but wonder what criteria were used to decide who to let go. It's mind-boggling to think that some folks who... — read more
code of conduct violation
The biggest shameful fact is that the decisions who are fired were taken in many cases on the basis of personal relationships. Their senior most engineering person is "close" friend with very senior lady who has special "blessings" for a contractor... — read more
Can anyone share some details about the German layoff/severance parameters?
Everyone just went missing from one day to the next. I'm sure there'll be more to come. Did you receive any information regarding what percentage of unvested rsu-replacement bonus money you'll receive / is there any additional severance or NCAs... — read more
Severance and unemployment
Is it possible to collect unemployment without risking losing severance?
They are letting go the most skilled employees
I still can't believe that several very talented colleagues, from whom you could learn many things, were laid off. Why? Where is this company actually going if it's getting rid of such people? Surely they will not be easy to replace.
I'm feeling liberated
It could have been worse. The severance is decent enough and I can take a month off before I start looking for something new. The environment and atmosphere have changed a lot in the past 12 months and I feel like my leaving the company was... — read more
CEO email
Dear Colleagues, For several months, the executive team has thoughtfully shaped our operating plan for 2023 and the years ahead. As everyone understands, Coupa faces a macro environment that’s shifted from “growth at all costs” to one that demands... — read more
Severance email
Dear [Your Name], Unfortunately, your role is impacted by the workforce changes occurring around the company. Here’s what to expect: You’ll receive a calendar invite from one of your senior leaders with the subject, “Meeting,” where we’ll... — read more
Random business amputation without knowledge transfer
Brilliant, dedicated professionals with years of experience working with a suite of products that isn't exactly intuitive are asked to leave immediately. Thoma Bravo destroys value without a thought to use a week's notice to extract some... — read more
Why no WARN notices?
I thought it was a federal requirement - how is it possible that such a big layoff goes without one?
Ineptitude in Action
Juding by who stays and who gets cut, it shows you how ineffective the entire HR process at Coupa was. Nobody at TB has a clue about who the important people are and all the decisions being made are about cutting high salary people. Sometimes this is... — read more
Pay attention to the age of those affected
I'm not sure if it's the same everywhere, but here most of those laid off were in the higher age bracket. I don't know if it means anything, but I find it peculiar and also very convenient for the company (those of us who've been here longer are paid... — read more
UK update
They have informed everyone in UK - everyone with a 15 minute meeting in their GCal is impacted… It was a “notice” and all official papers coming in 2-3 weeks.
Are notifications coming strictly in email?
There's no 1:1, no virtual meetings, nothing?
Layoffs Round 1 Megathread
Welp, the dreaded email we were all waiting for has finally come. Anyone receive an email yet?
This has become a horrible workplace
I do not know anyone who is not looking for a way out of here. What is the future of this place anyway?
Management Exodus
Rob, is gone, who else has left? May tell us where the cuts will be targeted.
Predictions Thread
Which departments will go? Predictions? HR and recryfirst obvs, but then? US downsize in general, loose Germany? Keep Inida per costs? Get rid of high earners or by department locations?
No layoffs so far
No layoffs so far, maybe they will be the TB exception! They seem to be doing well
I've started applying
I'm not going to wait and see what's going to happen. I know my worth and I know I can get out before the proverbial sh-t hits the fan. I have no intention of just sitting around and stressing over what may come next. I honestly think many of you... — read more
Advice to Coupa employees
Advice to Coupa employees, start preparing for layoffs. I worked for a Thoma Bravo acquired company, Auctane. Shortly after the acquisition, most of the executive team left, including the CEO. There was an all-hands meeting shortly after the new CEO... — read more
Don't quit!
I know many are panicking right now and trying to figure out ways to leave before the proverbial sh-t hits the fan, but I wouldn't do that if I were you. Don't leave severance behind if the chances are high you'll get one. A lot of people will be... — read more
Layoffs today
Kiss of death. CEO in a meeting this week was asked about possible layoffs. He stated that the company was doing good and did foresee any layoffs. And if there was any layoffs, that he would tell them in person. Today, Friday, Coupa has laid off... — read more
Shuffle
It was double digits percent last year. This year is going to be worse with much dead weight in acquired teams.