Topics regarding layoffs at Riverbed Technology Inc.

Topics regarding layoffs at Riverbed Technology Inc.

I stayed here too long

I stayed for more than 10 years and now I wish I hadn’t. It is only now that I am looking for a new job that I realize that my skills have atrophied here. This is no longer a company where it is possible to grow a career. My advice to all newbies... — read more 

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| 2120 views | | 1 reply (March 16, 2022)
Post ID: @OP+1fLTVYLB

There's nothing left to keep me here

Thanks to his horrible behavior yesterday, my manager removed any dilemma of whether I should get out of here. This kind of management will devastate Riverbed. I don't know what else can keep people from leaving here? Only those who cannot find any... — read more 

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| 2840 views | | 7 replies (last March 14, 2022)
Post ID: @OP+1fsiJA5o

Opt-out form riverbed A-class shareholders

Guys, I received an opt-out form related to my A-class shares, anyone knows whether I should sign it or not? Or what else to do to try to salvage any of my sunken investment? Only useful comments please, I had enough whinging.. and I know I... — read more 

What kind of employees can Riverbed attract now?

I don't think that I was the best worker and I don't think that I am not replaceable, but I would like to know how good a new employee will replace me when I leave next week and how quickly will they find that replacement. All I know is that to... — read more 

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| 3120 views | | 7 replies (last February 20, 2022)
Post ID: @OP+1eZf9NK1

Departures

I’m seeing a bunch of people leaving. I figure it has to do with the bankruptcy, lack of growth, bad management, etc., but is this there another only reason that I don’t know about? Like a RIF or something?

Way to go!

Diversity of leadership roles is a true strength and hallmark of Riverbed. Bravo! Keep it going! This place really needs more washed up white guys running it, otherwise it’ll never survive. And let’s blame the last administration for all the... — read more 

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| 3400 views | | 3 replies (last December 24, 2021)
Post ID: @OP+1elnfXZS

Hyperion or hype?

Vaporware? What’s the scoop on this? Is this thing legit or lipstick on a pig?

"Congratulate us - we went bankrupt!"

What's with all the people that are boasting on linked-in? "Yeah - we managed to sc--w our former debt holders through bankruptsy and get $100M in the process!". Is this supposed to make customers more excited to buy from us or make it easier for... — read more 

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| 3690 views | | 9 replies (last December 15, 2021)
Post ID: @OP+1ecoyslV

Down to 7500 customers: Please start interviewing

Bankruptcy filings tell the tale. From 36,000 customers down to 7500. And those are soon to go away too, since Riverbed hasn't bothered developing their products in several years. How long will the $100M cash infusion keep the lights on? A few... — read more 

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| 3340 views | | 5 replies (last December 4, 2021)
Post ID: @OP+1e7EDtfS

Vax or GTFO

So…does the message boil down to either getting fully vaccinated or get fired (US only)? Is that…legal?

Aternity- The Prodigal Son Has Returned Home

Much like a Phoenix rising from the ashes, Riverbed too, one day, shall rise to glory cradled by the safety, security and vigor that only Aternity can provide. I know the days are dark my friends but what else do we have to cling to? Sure, we can... — read more 

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| 2400 views | | 2 replies (last December 1, 2021)
Post ID: @OP+1e5Mdd92

More trickery on Class A founder stock holders

So for Class A holders (class 10 in the plan), you have to explicitly opt-out of releasing the Debtors of claims. If you don't respond and opt out, you are agreeing to release the Debtors of all claims. More law trickery from Riverbed, it seems. Why... — read more 

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| 2340 views | | 7 replies (last December 2, 2021)
Post ID: @OP+1e4X2hRu

Promotions

I think we're at the point that - if you are not friends with the right people - the only way to advance your career is to change companies. If you are hoping to move up and don't relish the idea of kissing somebody's behind, then you're out of luck... — read more 

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| 2340 views | | 3 replies (last November 30, 2022)
Post ID: @OP+1dZwrMgt

I think everyone is wondering

The big question is when Apollo is going to replace the CEO. I wanted to ask this question, but I see that someone was quicker than me.

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| 2640 views | | 5 replies (last December 8, 2021)
Post ID: @OP+1dZ7sztp

Possibility of dividend recovery for Class A holders

I am one of the suckers with a Class A investment (which is preferred stock bearing dividend). I am not a lawyer but there seems to be case law precedent for our situation. Since the dividend attached to our preferred stock is a different type of... — read more 

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| 2460 views | | 1 reply (November 21, 2021)
Post ID: @OP+1dU5pOCM

How long until Chapter 13?

What is the way out? Riverbed has no relevant product line that will bring them back to profitability. They don’t have any strategic product line that would make them an acquisition target. What is the exit plan?

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| 2830 views | | 9 replies (last November 23, 2021)
Post ID: @OP+1dUIwGrW

Tax write off questions

Former employee here stuck holding Class A and Class B shares. Given a total equity loss - will I be able to start tax write-offs with the 2021 tax year or does this Ch11 complete next year? Any documents forthcoming outlining my losses or is my... — read more 

Market is hot, but competitive

Which means brown-nosers will have more trouble when they decide to leave Riverbed. I will not be there next year, I received an offer that I did not even hope to get, but I am still interested in where will end up those who were so comfortable at... — read more 

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| 2310 views | | 1 reply (November 18, 2021)
Post ID: @OP+1dM6G05B

The Speech

The reinvention of Riverbed can be appreciated and wish it luck. Does anyone actually believe between Riverbed and Aternity that data collected is something special? DataDog was mentioned and they’re some stiff completion.

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| 3230 views | | 11 replies (last November 30, 2021)
Post ID: @OP+1dLfwZvE

A small retrospective

I got a great offer and I will be in a completely different company in just a little while. I look forward to it but it feels odd at the same time. I guess it's a matter of habit. I have been working here for quite some time. However, when I... — read more 

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| 2740 views | | 3 replies (last November 26, 2021)
Post ID: @OP+1dFs51Jq

How did they do that?

I sometimes wonder how it is possible that a company which in my opinion was very solid got itself into this situation? On the other hand, regrets won't help anything, maybe it's best to leave as soon as possible and not think about Riverbed... — read more 

Welcome to Bankruptcy (Details now online)

It takes a special kind of company to file for bankruptcy when most other tech companies are soaring/hot. How embarrassing. Details of our Bankruptcy can be found here: https://cases.stretto.com/riverbed

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| 4540 views | | 25 replies (last November 17, 2021)
Post ID: @OP+1dyL4VQL

It's time to move on

I have so many coworkers who keep telling me they're miserable every morning because they have to come into work, or that they're constantly stressed, or they no longer have work/life balance, or that their ideas are not being heard, etc., etc. I... — read more 

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| 2480 views | | 5 replies (last October 31, 2021)
Post ID: @OP+1dxOxqum

It was worth a try

At one point I thought I would have to stay here for a long time because I was not able to pass the interview phase in other companies. And yet, it was still worth trying. In a few days, this company will be a thing of the past for me. It's not... — read more 

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| 2170 views | | 1 reply (October 29, 2021)
Post ID: @OP+1dwnaFZt

Company reputation

Does this company think about its reputation at all or does the reputation no longer matter to the people at the top? I am sometimes ashamed of where I work. I think the reputation has never been worse.

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| 2161 views | | 2 replies (last October 20, 2021)
Post ID: @OP+1dph9PsS

A-s kissers

Thank God I left that sh---y company. It was my biggest mistake in my career to join that company. When I was hired, they had not told me there would be a pay cut. What a scam! Riverbed owes me money! I was blinded by all the talk about double digit... — read more 

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| 2530 views | | 1 reply (October 18, 2021)
Post ID: @OP+1dkoY28V

Riverbed COO sucks

Riverbed COO (Bob) straight out sucks! Least personable. He brought the whole morale down. Morale was 2 levels below sh-t when all hands started and it went 10 levels deeper after his disastrous meeting.

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| 3020 views | | 7 replies (last October 18, 2021)
Post ID: @OP+1djt17HH

Are layoffs coming with the bankruptcy?

Big news today. In Riverbed’s press release I noticed they stopped short of using the term bankruptcy but its what Bloomberg and others are saying is happening. Cost cutting and layoffs?

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| 2520 views | | 1 reply (October 18, 2021)
Post ID: @OP+1di4ypaW

Company Stock

Is anyway to sue Rick or management? At the moment of persuading employee of invest in the company, they said the 9% interest, but never mention they could hold the your money even after you left company.

DM’s signature move

Last of the old guards are out and DM has rolled Aternity back into the fam. Pretty convenient solution to push them out because we all know Aternity has nothing to offer in terms of tech and neither does Riverbed for Aternity. This is clearly a... — read more 

Is promotion always good?

I have a colleague who is promoted and who is not happy with the company now that he is promoted. Only now is he considering leaving. He has a lot more work to do and is only slightly more paid. I tried to get promoted but failed and now I wonder if... — read more 

Who owns Riverbed?

As a Ex Riverbed employee, one of the issues I had was the lack of transparency of the financials when TB bought RB. To ask a simple question, who owns Riverbed? Does the Fed own part of RB in the form of junk bonds? Is that one of the only reason RB... — read more 

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