Thread regarding Riverbed Technology Inc. layoffs

Q3

I bet this quarter won't meet expectations either. Are we on death spiral ? Miss Targets, layoffs and repeat

by
| 1781 views | | 9 replies (last August 7, 2019) | Reply
Post ID: @OP+10oLvJ0V

9 replies (most recent on top)

You mean internal training like those soft skill workshops put on by contractors. So important because they help with employee retention. That's been helping the bottom line.

by
| | Reply
Post ID: @2jno+10oLvJ0V

HR on-boarding or new customers? Q3 is not looking good folks...

by
| | Reply
Post ID: @2koz+10oLvJ0V

Important training showing new hires how to use all the antiquated internal systems and inefficient workflows that keep unnecessary staff with important titles employed.

by
| | Reply
Post ID: @2fbn+10oLvJ0V

And it's only going to get worse, 1/2 the on-boarding team were let go or quit. That was pretty much the only good function at Riverbed, initial training was great.

by
| | Reply
Post ID: @1bvs+10oLvJ0V

Yes we are. Everyone knows it. Almost everyone I know is looking or just waiting for payout

by
| | Reply
Post ID: @xdh+10oLvJ0V

Little too early only 5 weeks into qtr. (1) Let’s hope the versa pipeline is building. (2) Aternity sells for good coin. (3) healthy government qtr. The severance pay out definitely will be a drag till December. If we can shed another 500 in eng/pm/pgm/solutions, Fy20 will be golden.

But execs must adjust new forecasts quotas etc.

by
| | Reply
Post ID: @avs+10oLvJ0V

Comp plans and quotas should be revised however, the “coward leadership” probably won’t change anything or change things enough to reflect the massive changes and upheaval.

by
| | Reply
Post ID: @vxm+10oLvJ0V

Have we really not lowered the bar enough that another miss is looking likely?

by
| | Reply
Post ID: @dni+10oLvJ0V

A little too late for damage control, I guess. These massive lay offs should have been done a year ago.

by
| | Reply
Post ID: @klg+10oLvJ0V

Post a reply

: