By Cisco... fun times ahead.
https://www.prnewswire.com/news-releases/cisco-to-acquire-splunk-to-help-make-organizations-more-secure-and-resilient-in-an-ai-powered-world-301934777.html
9 replies (most recent on top)
Mass layoffs yeah!!!
I always thought this was the year it will get bought. Discussions about cisco acquisition has been going in for years.
friend works at VMware. said it's been messy. tech is gonna be rough for a while. and there seems to be lots of folks that will take low paying jobs which wont help people in general who want to grow and succeed. esp with this inflation/administration.
speaking of layoffs, have a look at Broadcom/VMware...alot of good talent soon to be on the street.
Sounds awful being acquired by such a sh---y a-s company. Good luck.
I mean. Gary was there for what, 16-18 mos and got it sold? that was his goal...tell me how good he looks when there is no more splunk.....HR, marketing, sales overlap, app/dev goes to cisco, heck, they might even rebrand it, but I doubt it cause it's a well known name. I am sure a bunch of Splunkers are like YAY!!! We love Cisco!!! Then they start getting to know what it's like to work for a real tech company with real budgets and people who are held accountable to that. Conf, a waste of time anyway, probably be shut down. And Cisco is gonna start giving splunk for a discount cause Splunk is already losijng traction vs competitors. it didn't even make the top 10 list last report. Also, Splunk's culture is widely known. Go to Twitter and check out #splunk and all the people that left and what they're saying. They're telling the truth. hahahahahahaha. Splunk has about 3500-4500 people who could easily be let go.
Be ready for massive layoffs !!
Gary looks good compared to Narcissistic Cisco CEO
Saw some “lucky” soul bought call options at .04. Now they’re up 18.00. 45,000%. SEC gonna be coming for that guy. Anyone at splunk surprised by this news is a dope. Gary sells people out and then sells companies. That’s all he was ever there to do. Layoffs will be brutal.
Hard to tell what this really means. If you think it’s always fun times ahead when companies get acquired. Check out Oracle buying Cerner. And that wasn’t chump change. 28 billion. Then again probably take a while.