Thread regarding Riverbed Technology Inc. layoffs

This is a slow motion train wreck

Riverbed has seen a steady decline in products, people and revenue from 2019 into 2021. Failed venture with Versa (really, admit this isn't working), the failure of the Oceedo acquistion, the failure of Xirrus to mature (now sold off), the failure to capitalize on Aternity (spin out separately). Riverbeds core product of WAN Optimization is now focused on a desktop client (SteelHead Mobile). NPM is still lacking in capability - focused on dedicated networks and application centers as the point of monitoring. If Riverbed shows growth with the core product line that they own (not Versa), they have a chance to remain in business, but it is doubtful. Even more doubtful is the delivery of innovation with core products that can successfully re-position them. Selling the company would benefit TB and a buyer, but it would not be for the people - the assets are the technology that can be incorporated into someone elses product(s). There has been nothing other than promises made by Riverbed in the last few years. It is sad, I hate to see it happening - a slow motion train wreck. Good luck to Riverbed in turning it around - if it happens, it will become quite the industry example. I just don't see the leadership in place today to pull it off.

Originally posted by @acc+196ZLvD5.

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| 1771 views | | 2 replies (last January 29, 2021) | Reply
Post ID: @OP+197gEy7X

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I fully agree with @tub+197gEy7X . The rot started way before 2019. Ventures with other entities and acquiring companies and their technologies without any clear strategy / plan will always be doomed from the start.

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Post ID: @2buv+197gEy7X

It’s sad to say this but Riverbed was a slow train wreck 2-3 years now. If you don’t care about your career, just sit back, relax, and collect your checks .. it’s what everyone else is doing.

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Post ID: @tub+197gEy7X

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