April 19 (Reuters) - Cloud and security services firm F5 Inc said on Wednesday it was reducing its workforce by 9% and cutting bonuses of senior executives to bring down costs.
https://www.marketscreener.com/amp/quote/stock/F5-INC-23277278/news/Software-firm-F5-to-layoff-9-staff-trims-fiscal-revenue-guidance-43546797/
no sure how it can be called a software company...... still majority hardware
It was a joke they did this on my day off and I had no clue until I got a email to my personal email saying I was canned and had until 6pm to claim my stuff followed by 30 min later cutting me off from the network after the meeting 7 hrs before what’s stated in the email. Put almost ten years into this job to not even have the respect to let me know I was let go
Not sure what the basis for layoff, some of the best SAs were let go and mediocre talent retained. Management is clueless!
Layoff 3 in 3 years! Expect more later this year!
Ooof, condolences to those impacted.