I received my notice amongst several others. Mostly long timers. Looks like Trellix wants to get rid of expertise.
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I was let go back in April 2023 and it was the best thing that could happen to me. I had an awful manager on the Ops side so it was a blessing in disguise.
They're getting rid of all long-term employees... unless they are the very last we-pon of subject matter expertise in products considered lynchpin to large revenue customers. Note these are products that have seen no active positive trajectory in development in years; they're minimal-cost barely-maintenance-only.
Morale is near all-time lows. Can't say I blame them. How would you like to work some place where, every single day you wake up wondering if today is the day you're next on the block, like so many hundreds you've seen over the last few years. You wonder if today is the day the executives and the board, once again, sell the company to the highest bidder after making it 'attractive' to suitors by cost-cutting the very people that built what they're selling. Can't be healthy for a work environment, and certainly not for stress levels.
Meet the new boss; same as the old boss.
There is no genuine development going on anymore across nearly all product lines. They have spent a TON of money on 'marketing' XDR (which has always been little more than a 'plan' with a whole lot of marketing) across the globe, only to realize it isn't picking up customers and their dollars anywhere near rates needed to soak up the collapse in their renewals rates for existing customers. They've tried for two years, through at least as many different 'restructuring' attempts, to get renewals back up to no avail.
They had last-count publicly posted fewer jobs than you can count on one hand with fingers left over in SW engineering across the entire company since the beginning of the year; all in India. I know from friends that work there, and formerly worked there, they've slashed triple that in the US in the last two weeks alone, with no formal announcement. To this minute they still haven't announced yet-another-layoff. Their US support and development base continues to be culled (which you would expect from finance folks, as US workers are their most 'expensive'), but they've reached the point where there isn't any left except single-source SMEs, and some of those are fleeing voluntarily before the collapse. That's what happens when you continuously lay off every quarter for better than half a decade; since even before the split, sale, and merge.
I suspect they are hedging all bets on keeping their gross margin via head-slashing long enough to be bought by someone (read: anyone), and then the final culling will commence. Trouble is, I cannot fathom anyone naïve enough to spend that kind of money at this point. You'd have to be blind as a bat to now see the writing on this wall.
The CIO has consistently hired colleagues from her old company.
My role was relocated from Emea to the US and the new role was advertised paying a lot more than I was on. My replacement (a friend of the cio) lasted less than a year.
I lasted over 10 years, knew the business very well but it seems trellix is more about who you know (cio) rather than what you know.
Its not so much long termers, IMO it is entirely about high paid employees to cut cost. STG has cut off the money supply. They just announced a new CFO, just happens to be another former co-worker of the CIO, another hiring mistake by first time CEO. The clock is ticking.
Cost cutting, cost cutting, cost cutting....
It's a year ago this week I was let go. You could set your calendar by it.
I was had 16 years of service and agree they target long termers.