Thread regarding Coupa Software layoffs

Layoffs Round 1 Megathread

Welp, the dreaded email we were all waiting for has finally come. Anyone receive an email yet?

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| 32671 views | | 145 replies (last February 8, 2024) | Reply
Post ID: @OP+1mT0WY7P

145 replies (most recent on top)

They do not need to provide a WARN notice if they pay minimum severance, which it seems they are. So dont get all excited about lawyering up. The Legal department probably thought it through first.

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Post ID: @pxj+1mT0WY7P

Any word on how they will manage RSUs that are due?

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Post ID: @oug+1mT0WY7P

Before y'all lawyer up... calWARN requires notice UNLESS benefits are paid for two months after the layoff... which it seems like they will do, and then some. Not to defend what's going on, but it's a way to avoid leaks of the layoffs.

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Post ID: @abu+1mT0WY7P

Lawyer up comrades.

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Post ID: @poa+1mT0WY7P

Layoffs impacting at least a third of the company. Surprised no WARN Notices were given. Likely potential for lawsuits. Those impact, lawyer up immediately and file joint complaint.

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Post ID: @hza+1mT0WY7P

Douchebag CEO… Coupa is screwed.

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Post ID: @wza+1mT0WY7P

3 months severance, 5 months medical benefits

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Post ID: @ikf+1mT0WY7P

Layoff not based on performance for this round.
Kind of hints that there will be a next round in the future.

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Post ID: @imk+1mT0WY7P

If you were let go, can you provide which department you came from?

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Post ID: @iyz+1mT0WY7P

I got the email.

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Post ID: @wyr+1mT0WY7P

Good riddance to Llamasoft.

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Post ID: @emu+1mT0WY7P

I am not happy at all with how they handled this layoff. For the ones I know that were affected, they were terminated immediately. How could they just do this out of the blue and not let people plan around the potential of a layoff??

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Post ID: @apa+1mT0WY7P

Not let go. Sales. I guess I’m excited?

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Post ID: @qiq+1mT0WY7P

Some people on the Llamasoft side

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Post ID: @rhv+1mT0WY7P

Recruiting team affected

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Post ID: @csj+1mT0WY7P

A whole Value Services team is gone

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Post ID: @fym+1mT0WY7P

Wish I could say it's a surprise, but we all knew this was coming, and it's only going to get worse. Which teams are gone?

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Post ID: @cyc+1mT0WY7P

Any word on what teams were impacted?

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Post ID: @gup+1mT0WY7P

In engineering. Did not receive the second email.

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Post ID: @own+1mT0WY7P

What teams are completely gone?!

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Post ID: @xdb+1mT0WY7P

Our whole team is gone

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Post ID: @iak+1mT0WY7P

Hearing some Account Executives let go.

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Post ID: @ynf+1mT0WY7P

My whole team is gone

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Post ID: @aii+1mT0WY7P

I’m gone. Fu-k it all

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Post ID: @zke+1mT0WY7P

I have not.

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Post ID: @prr+1mT0WY7P

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