I notice that many managers are promoted to VP or Director. For me, this is a sign that the organization is about to change significantly or that Riverbed is for sale. I have seen this kind of approach in several companies and it smells like change.
Good or bad?
Riverbed doesn't have a choice but to promote mediocrity because no one in their right mind would come work here. Duh. It's that simple. The package is just bleh. Talent goes to FAANG or a second-tier FAANG. Riverbed by in large ends up picking up leftovers from companies like HP, VMware, Cisco, etc...
if you know how to lick a– than you will be promoted ... simplicity at its best....
Someone put dodgy mushrooms in the Kool aid...
That’s two more days than all our execs combined! You’re working too hard
The best have already left, we're promoting mediocrity now. I'm only sticking around as I work maybe two days a week, the rest of the time is like vacation.
Easy money
This is retention strategy. I see a lot of good people bailing.
I see a lot of sour grapes on this thread. Lazy engineers complaining about everything they deem unfair!
The promotions are absolutely justified. For a company the size and brand recognition of Riverbed, the number of directors/VPs are too few. Talented people need to be given a career ladder starting from Associate Program Manager, then progressing towards Associate Director, Director, Senior Director, Junior VP, VP, Senior VP, Executive VP, and eventually landing into one of the 17 different C-level titles.
I would even argue one CEO is not enough...for a company as complex as CEO, at least three different CEOs must lead the company. In total, Riverbed needs at least 23 C-level titles (CEO1, CEO2, CEO3, CTO, COO, CISO, CHRO, Chief Data officer, Chief Morals Officer...other titles are needed desperately). 23 is also the number of chromosomes in the. human genome, so you must understand even mother nature has figured out this is the right number of executives over millenia.
Executives, VPs, Directors, Managers, Program Managers, Project Managers, Scrum Masters...these are the real movers and shakers. They run the company and are responsible for innovation and execution. Engineers are extremely overpaid and are code monkeys anyway. Why do we even need engineers in the days of StackOverFlow? Do away with all of them! Imagine how much money Riverbed will save once all engineers are gone? No more stressing about hitting the numbers...Riverbed will be insanely profitable thanks to all these executives, directors and managers, and very soon, it will start trading again on Nasdaq. The shareholders will be happy. Win-win all around.
irony at it's best
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Riverbed is growing and crushed Q3 and promotions are a result! This is normal for high growth, high revenue companies so don’t be alarmed. Our global customer conference already has over 10,000 registrants from our fortune 1000 and global 2000, what we have cooking is what CEO, CIO, CTO, CISCO and CFO’s need right now, it just took 2 quarters. What can you expect? Expect extremely large deal sizes, increased meetings at the C-levels, well funded suite of features, top engineering hiring in the USA and much more. Wait for SKO and our 95+ leaders will share with everyone the outline of success that will fuel riverbed well into the 21st century!!