Thread regarding Symantec Corp. layoffs

Media Coverage: Symantec Layoff 2019

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  • Mountain View cybersecurity giant Symantec - layoffs

https://www.sfchronicle.com/business/article/Mountain-View-cyber-security-giant-Symantec-14432891.php

Cybersecurity company Symantec is cutting 152 jobs at its Mountain View headquarters and 18 in San Francisco, along with 36 in Culver City (Los Angeles County), a California filing revealed, giving a sense of planned job cuts’ local impact.
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| 1911 views | | 7 replies (last September 13, 2019) | Reply
Post ID: @OP+1103IQXd

7 replies (most recent on top)

Best of luck to all those affected. The Symantec pedigree adds a lot of value to a resume so you should attract interest from new employers.

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Post ID: @1uxj+1103IQXd

5000, but 1500 of that number will be in transition for 6 months and then gone.

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Post ID: @xsp+1103IQXd

Yes, I do know...my term date is 10/15.

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Post ID: @fxe+1103IQXd

@-rsh I wasn't aware folks already been notified of termination. Do you know what the termination date listed on the email or letter was? I'm curious if it's November 4th or not. Regarding the RIF numbers, you are correct; it will be around 5k give or take a few hundred. My original guess of 10-12 times was specifically for employees in the CA state and not the global workforce.

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Post ID: @cao+1103IQXd

Might even be higher. If one starts at 12,000 and Norton keeps 2500 and Enterprise keeps 4500, then the total RIFs is approximately 5000. The question is: how many of the 5000 have been notified already - I've heard between 1000 and 2000 - and how many more are there to come.

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Post ID: @rsh+1103IQXd

Multiply these numbers by 10 or 12. That is what to expect here soon for November. Or perhaps it's February/March 2020; I heard the acquisition/close date was pushed out, but I'm uncertain.

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Post ID: @iru+1103IQXd

There's a good chance these numbers apply to people who have been notified already with a termination date of 10/15. The WARN notice was received on 9/4. The notice date was 8/20. The effective date is 10/15.

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Post ID: @tlj+1103IQXd

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