Thread regarding F5 Networks Inc. layoffs

Cut Exec Pay not employees jobs...

FLD makes $12,000,000 a year. Imagine how many peoples' jobs he could save if he went to just $1,000,000 a year? That would be a Human First act. His layoff actions speak way louder then his hollow words.

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| 1217 views | | 13 replies (last April 30) | Reply
Post ID: @OP+1k2wrjjfb

13 replies (most recent on top)

@bya sounds like what the pig sdid in Animal Farm.

When he first started he said he respected the past and would continue. I rhino rhat lasted abt 3 months and the yearly rifs started

This guy us not to be trusted

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Post ID: @149m+1k2wrjjfb

@1428 People are saying this CEO - tremendous guy, really, went from making 11 million to 25 million in just four years. Incredible growth. Nobody’s ever seen numbers grow like that, maybe ever. Meanwhile, the company? Total disaster. Security breaches all over the place. Hackers just walking in, no respect, very rude. Chaos, layoffs, employees crying, it’s a mess. But the salary? Perfect. Absolutely perfect. Some say it’s the most secure thing in the entire company. And frankly, this kind of bold, no-rules, upside-down management, paying yourself more while everything else burns, this is how you make America great again. Nobody does it better.

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Post ID: @1492+1k2wrjjfb

@byc 2025. $23 million plus....

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Post ID: @1428+1k2wrjjfb

@byb
Pay $18,044,442
Median Employee Pay $156,076
CEO Pay Ratio 116:1

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Post ID: @byc+1k2wrjjfb

@OP Correction. $18M, not $12M

https://www.salary.com/research/executive-compensation/francois-locoh-donou-executive-member-of-f5-networks-inc

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Post ID: @byb+1k2wrjjfb

@OP To be fair, he did remove 'human-first' from his LinkedIn tagline. He used to be proud to run a Human-first global team. Now he is proud to run a global team.

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Post ID: @bya+1k2wrjjfb

@af Go ahead say it in Hindi we know it’s preferred

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Post ID: @170+1k2wrjjfb

@ar but “there is no budget for this, no budget for that” if it comes to engineering tools and education

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Post ID: @y8+1k2wrjjfb

I can somewhat understand the pay BUT the travel expenses are outrageous. Why can they not just travel like the rest of us? Why does FLD have to fly 1st class to San Francisco? or New York? Its a show of his high status to us little people. Tells me to cut expenses then he throws money around like it means nothing. Try being a good example us the workers FLD!!!

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Post ID: @ar+1k2wrjjfb

@af It’s understandable that no business can fund products that don’t meet customer needs. But if leadership decisions around product strategy failed customers, it’s worth asking why employees are the ones bearing all the consequences? Especially when, after laying off nearly half the hw team, leadership is already discussing rehiring those very skills?

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Post ID: @ag+1k2wrjjfb

No good business organization is going to fund a product that failed customers. This is a business decision, not charity. Would you take a pay cut to save other jobs that do not produce? Thank wider!

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Post ID: @af+1k2wrjjfb

Ha! Part of the pay package. CEOs have a lot of leeway. Fact of life. Worry about what you are making and not what other people make. Losiŋg battle

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Post ID: @a7+1k2wrjjfb

How about when he travels he flies coach not first class (5 times coach rate) as I do and stays in a standard hotel room not a suite that cost 10 x what my room costs. He and the Execs cuts every cost except that ones they incur.

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Post ID: @a3+1k2wrjjfb

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