90+ folks so far.
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I emailed pcbp@viasat.com regarding the redemption of outstanding Stars awards.
This is their response:
If you have Star awards that you have not yet redeemed or have questions related to your Stars account, you can contact Workhuman Customer Service at customerservice@workhuman.com or 844-732-5501.
I got mine right away. I would reach out to your prior boss
Has anyone gotten severance details yet? I’m still waiting to receive an email
Guru Selfie dud, would be nice to invest in innovative rather than show profit by cutting heads. Seems like fake dud with skill. MarkD Seems lost control of the company.
Did anybody renegotiate the severance?
Post from TheLayoff.com
I haven’t got any email in my personal email about related information about severance package and job termination yet as they promised to send in the call yesterday. Anyone who to contact / email about this?
800 employees exiting in this RIF thats maybe 10% of Viasat workforce. May save $100m in op ex in 2025. Not sure -$100m will save Viafat
Since Guru joined in April the share price has plunged over 60%, the restructure with Inmarsat is a mess, over 800 innocent employees have been laid off, 2 satellites have been lost, we've told shareholders that we have no intentions to replace those satellites when we drastically need to to meet future capacity requirements, competition is eating our market, banks are having fire sale over our bonds and the company is worth less than its debt. What do the employees of Viasat have to look forward too over the next 10 months of his tenure?
Super Guru announced it, will be 800.. what a dude...
You have to mail it back and they take forever to send the box. If you’re having to relocate for a new job, bug the PNC email and they’ll send it faster.
For those of you who were working from home when laid off, what happens to your laptop? Do you have to mail it back to them?
Does anyone know when are we getting email?
Got my email about an hour after (~12:30pm)
Hey there. My husband was laid off too today. They sent him an email to his personal email address which contained all the information regarding separation. I’m sorry that happened to you too.
they said you would get an email about the exit process and all other related details in the call today morning (10 AM) but till now I haven't received any email. Does anyone know when are we getting email? or need to contact someone?
GuruSAT is leaning hard on outsourcing OPs and whatever else he can to India. Gonna be interesting to see how this shakes out on the government side. Really hope all of the vets at Viasat take notice.
This is the new culture because of Guru and Inmarsat. They do not care about us. All about lining their pockets. Lying to us when the deal closed and about having plenty of money. I get their may be areas that are bloated but how much more can you cut from ur corporate functions until their is no one left to do the non-revenue generating work? This is going to be last straw for so many as the people left behind who are already burnt out will implode and jump ship. I am exhausted and now after both layoffs have to do the job of three people. Just maxed out.
Laid off this morning, Tempe, engineer
Anyone know who exactly were cut from Inmarsat / in which countries? Maritime in particular.
It’s done. The excel sheet is no longer updating.
I predicted this weeks ago. There will be severe consequences when your stock crashes 67% in one month.
Did everyone receive the RIF test email? What is it?
Is it still happening? Anyone got anything in the recent 30-40 mins?
Just wanna figure out if it’s done or will continue tomorrow?
Can't wait for that Guru and Mark announcement. Cue the all hands where Guru makes out of touch and tone deaf commentary. And Mark prattles on about bandwidth efficiency . Meanwhile the leadership that made the decisions that put the company in this corner will carry on.
Your Stars awards are lost forever.
Maybe there will be an announcement today or tomorrow by Guru or Mark D. Then it will be all over the news.
I’m hearing 1000 got let go?
If that is true, why isn’t this on the news yet?
That has to be like 14% of the workforce?
got zoom call invite from HR, they said no network access after this call. do we get awards from the star awards program that I didn't reimburse?
Got laid off in IT
Laid off an hour ago. Carlsbad. 900 people
Laid off in BFT group in Carlsbad. More than half the team were let go
I tested this and multiple people still showed Online on slack after they were cut. I think this may be related to WFH vs in office. If someone is WFH, the only way to cut them off is to block them from the network, which presumably will make them show as Offline. If they're in office, you can take away their computer and escort them out of the building, and don't need to cut their network access immediately since they already lost their laptop; these people may still show online for a while.
My point is, the layoffs may be over and IT is just finishing up the backlog of deactivating accounts.
They're still not done. Someone's name I searched for on Slack 1 hour ago and wasn't deactivated is now deactivated.
Re: COBRA, I can speak to the way it worked during the last layoff. After being laid off, people received many weeks of paycheck and benefits as if they were still employed, and once that ended they received a lump sum (severance) and the option to sign up for COBRA.
They are going to give me a lump sum to pay for cobra benefits, but it's going to be taxed as income.
Rumor is approximately 1000 people total. Both Viasat and Inmarsat
How is the severance? Does it include cobra coverage for several months?
What a bloodbath. The count has to be in the hundreds now.
This is a corporate (Viasat and Inamarsat) wide RIF. Every org is being hit with 5-15% layoffs. Viasat has been running fat for years with a much too diverse portfolio which drives higher costs. Hopefully, the company can now focus on a few core competencies and get on the positive side of cash flow
I was laid off in March and feel for those of you going through this now all due to how poorly the higher ups managed business. I was pi---d to get laid off and then see them hire another director (Guru) the week after over 300 of us lost our livelihoods. Hopefully y'all have success in the job market and can get back on your feet soon
Laid off this morning in Marlboro. They're gutting the engineering staff it seems.