Thread regarding Synamedia layoffs

What on earth are they doing ?

Morale is rock bottom, departments are still being axed and people are leaving, taking huge amounts of knowledge with them.
We will struggle to support existing customers now and things will only get worse over time. They are literally letting the company fall apart.

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| 4481 views | | 10 replies (last April 2, 2023) | Reply
Post ID: @OP+1ldtSglb

10 replies (most recent on top)

Recognise any of these traits in the leadership team?

  1. A grandiose sense of self-importance
  2. A preoccupation with unlimited success, power and brilliance.
  3. A belief that he or she is special and unique and can only be understood by, or should associate with, other special or high-status people.
  4. A need for excessive admiration
  5. A sense of entitlement
  6. Interpersonally exploitive behaviour
  7. A lack of empathy
  8. A belief that others are envious of them
  9. Demonstration of arrogant and haughty behaviours or attitudes

This is part of a medieval diagnosis framework for people who need help with a personality disorder but seems to ring true in other cases too.

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Post ID: @Jzxv+1ldtSglb

It's not true that all the decent engineers left a very, very long time ago. Some of us left a relatively short time ago.

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Post ID: @slpo+1ldtSglb

it has gone quiet because they are having a 'neurodiversity week". I am sure that really helps the biz.

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Post ID: @scpm+1ldtSglb

why does anyone think it's worth bothering?

The exec team is a total shower of incompetent backstabbers with no hunger for anything other than money and status.

All the decent engineers left a very, very long time ago.
It's been more than 10 years since this was a growing company. No hiring, no risk taking.

The old products are tired. No one is buying the new products. No one.

As is always the case with private equity, there is a vast amount of crippling debt. Clearly the investors have lost trust - look at their refusal to write blank cheques to cover the bonus promises!

There is no soul. There's nothing of any value left and no one really cares.

Honestly, what is the point?

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Post ID: @iczd+1ldtSglb

what is certain is that there is a grand total of 7 jobs available on the synamedia website . 4 in India , 3 in Canada. According to my calculations that is a record low

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Post ID: @gjml+1ldtSglb

There is only one thing certain and that is that nothing is certain.

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Post ID: @dvrw+1ldtSglb

Surely you realize that Syna isn't doing anything new - the layoffs started less than 6 months after they took over control from Cisco, and have only accelerated ever since.

In fact, layoffs were the only constant during the time Cisco over Service Provide Video, going back to the massive early retirement offerings in 2011.

Don't wait for the phone call or the 1:1 meeting with your boss.

Do yourselves a favor and spend time looking for a new role somewhere - anywhere else other than Syna.

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Post ID: @6gag+1ldtSglb

To transform into something that isn’t a security company, we need to maintain the areas of the business that pay the bills. Seems like there is zero strategy at the moment.

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Post ID: @2yfw+1ldtSglb

I don't know, but PS is busy milking every last penny out of this company before he sails into his retirement.

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Post ID: @1xzg+1ldtSglb

Transforming to something that isn't a security company. But I'm not sure anyone knows what we are now

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Post ID: @xxq+1ldtSglb

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