- Delayed bonus/merit talks
- Delayed SEC Reporting
- Quietness of management overall
Anyone have any intel? Smells like massive layoffs coming.
27 replies (most recent on top)
Rob Locasio is out of his depth, the lunatics have taken over the asylum. It's like the village fete is being organised by the village id--t. LivePerson always had good talent amidst the paucity of leadership, but the leadership has seen fit to sack the talent.
Did they let the employees know they were being let go or just cut off access?
Such a talented director, tech architect all were asked to leave in 2 hours before the qtrly announcement, Cost cutting was the reason!! piece of sh-t leadership. Vested RSU are locked. Dont recommend anyone to join this company ever.
I was laid off in July over my relatively underperforming male counterpart. LivePerson then tried to have me sign an illegal severance agreement. I lawyered up fast! My advice, have a lawyer review your severance agreement before you sign and agree to anything. They also didn't submit the correct information to COBRA and hence I had no health insurance options. All of the stress contributed to kidney stones, which I got to pass at home. Painful lessons, painful lessons.
A desperate attempt to become profitable; it will never happen. LP cuts some of the best talent and desperately tries to sell cheaper solutions as innovation. Contracts with LP clients are purposefully violated. When a large client finally has enough of the cr-p, LP tempts them with free service, but that just helps them offboard without paying any more money.
Their laying us long term US ppl off with years of experience and hiring in places like Bulgaria, WTH? So my position was terminated but then revived in Bulgaria??!!! Is this some play where they can hire someone for CHEAP in Bulgaria? And not have to deal with US laws? I dont get it.... Come on Rob! Was real nifty how your suppose to have your 1:1 with your project lead/mgr, and then you join and see a random HR person sitting there too, yeahhh, I knew right away what was about to happen!!! :/
I was an SDE 3 , over 9 years with LP and I got axed yesterday! 9 YEARS!!! 9 Years of my life GONE... I put blood sweat and tears into that company, and the thanks I got was being laid off!! SMH, shameful, and how could Rob allow the company to lose so much value over night? All my vested RSU's are WORTHLESS :/ And sucks to lose so many unvested RSUs too, smh, NEVER EVER fall for any company giving you unvested RSU's as a "bonus" for doing so good, its laughable at best!
Someone I know was laid off on March 16. They heard all developers in the US were laid off.
March 16th - a good 30 people across the board but right before my laptop got locked and inaccessible, I was told more layoffs occurring tomorrow and Monday
Shares can't go much lower at $4! The vultures are circling!!😂
So that's nearly 700 people out of 1600 in just six months! Watching the ship sink with a big cigar going from the shore! Stick your loyalty up your a-s LivePerson 🤫
Five sales people let go last year in Septembers cull with a combined deal value of $150m, in favour of people with zero sales value and zero experience to the business. The place is rife with nepotism and favouritism. No wonder it's on its knees. The poorest of leadership, this Emperor clearly has no clothes! Gotta love karma!! 😂
LivePerson? More like DeadPerson. Bunch of clowns running this circus. Seen more intelligence in a goldfish bowl.
Any word of more layoffs today in the U.S., March 16th?
More and more from Support have been let go it seems. Hires happening in Bulgaria.
No official word yet on the size of the layoff. I saw one confirmed layoff, US-based.
man fu-k this trash company. Rob needs to go. Most incompetent CEO award goes to RoBlow.
Probably because Rob needed to buy another failing company. He’s a piece of sh-t CEO who has piece of sh-t ideas that fail and cost the company money.
I wonder if Tim Storey was let go.....
A lot of layoffs today in different roles
and areas within the company.
People with more than 10 years in the company as well people with less than 2
This is the 3rd round of layoffs in 6 months (September 2022, December 2022, march 2023)
20% cuts across the board. Not just low performers. One-of-a-kind individuals are getting cut. Good luck to anyone still at LP after this.
Starting to see the layoffs come through in the US. Confirmed some layoffs in Isreal already took place.
It has started.
lol
i already know two people directly being let go. tough times ahead! wishing everyone the best and to get through it.
Heard layoffs started today with more to come tomorrow, perhaps a lot more
You forgot - no promotions either this cycle (year?)