Q2 results were bad, no pipeline, CEO resigned, dwindling renewals, little product development, haven't done a massive RIF in a while. It's got to be happening within the next week or two.
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Agree that their are better opportunities with better pay. Increased my comp 2.5x with a much better brand name company. The job market is hot, take advantage!
Don't fret. Getting laid off is the best thing that could have happened to me. I was enduring a horrible situation out of loyalty, but the decision was made for me. I was working with an absolutely miserable, unstable person. The day I was notified was such a weight off my shoulders. I landed quickly in a much better place. Miserable person is still miserable and unstable--probably more so. I can't imagine why anyone is sticking around at this point. The probability of a turnaround, or even survival, is %0.0. Why stick around and endure pay cuts, other cutbacks, and micromanagement? Life is too short.
Yup. There are inklings of restructuring. How else does DS expect to keep his job the next 18 months.
Part of me wants to say Riverbed doesn’t need to layoff because people are leaving on their own. The money saved by not paying severance is helping, sadly, which could equate to firings but not at the “mass layoff” level. If there is a RIF, no one will know until the (infamous) 1:1 random calendar invites are sent out.
Any clue for RIF within a couple of weeks?