Thread regarding Proofpoint Inc. layoffs

Seems like small cuts to make room for growth. Since going 2021, how much fat has been cut?

75% of business is in the US, it's finally time to properly break the EMEA/APJ market, not exactly surprising.

It'll come back around, not ideal for those in the firing line but the hiring will begin again in the US down the line.

Proofpoint needs to evolve and we should judge a year from now rather than hold onto the past. Inertia is the enemy of progress

According to the new recs opened in Ireland, Engineers, product, and Finance will be impacted the most.

Would Sunnyvale engineering be impacted the most?

This was obvious as soon as Ashan left. Most new to an org good leaders I have seen will take several months to understand the business before making change. This guy came in and immediately started axing execs. Btw, profit goals were exceeded and bonuses paid out over 100%.

Proofpoint, people first strategy, just not our people.

"Conveniently, the number of open roles amounts to about half of the 280 that will be "re-hired" in the first half of 2024. "

Trying to do the job of taking the company to $2B may be more difficult with fewer employees contributing to the success. And to take the jobs out of America says all we need to know about Sumit.

As read on another post, the sooner this guy is gone, the better.

Looks like engineering is getting gutted based on open roles in Argentina and Ireland. Conveniently, the number of open roles amounts to about half of the 280 that will be "re-hired" in the first half of 2024.

Seen that coming a mile off. Get out while you can.

First real email he sends: "Mandatory 3 days a week in the office"
Second email: "Here is my new strategy, and my new minions to enforce it, good bye other VP's"
Third email: "Redundancies, please work from home on Thursday so we can fire you in the comfort of your own homes"

Hopefully they are trimming unwanted middle management. Too many directors and senior directors in engineering