So it has happened. Ruthless here in the UK. Loads gone from all levels.
22 replies (most recent on top)
I was one of the Engineers to get cut. Feeling lucky, it's been he-l having to deal with handing the keys over to India.
they can lay off 1000s more but they will not fix the problem (which is a flawed ceo, weak board, and horrible products)
https://x.com/TheLayoff/status/1796014185479848198
Pathetic severance - significantly less than the last layoff.
The layoff is expected. Alteryx has been lost in the direction and lost in the competition, too.
The race started to lose when building Analytics Hub on-prem but the trend was already moving to the cloud. Then a new CPO was hired to accelerate cloud, building a dozen unuseful "products" on the cloud platform without knowing what Alteryx's user wanted.
Designer Cloud was released and no one was buying it - it's a cr-ppy product compared to Desktop and not attractive at all to new customers. The existing customers from on-prem can't move to cloud and new customers would choose something much better.
It's been always wrong in the product strategy and late to react to the market trend. Same for today, the company is losing on AI, too
But in the end, all the people got laid off pay for the mistakes made by product leadership.
From a UK perspective, why is it always the hard working, front line workers? I don't see any of the pathetic leadership team being impacted. You got the golden boys from Salesforce giggling and laughing away whilst the front line suffer. Shame on those belllends.
CPO is not an Engineering leader that built products, he was a Gartner Analyst surrounded by "yes" men who cannot deliver any real products
100%. Offshore contractors being brought on spelled the downfall. It was a race to the bottom while the c-levels grifted us out of millions. They all got / get golden parachutes and we get the unemployment line.
The onboarding of the "help we needed" in IT with Hitachi definitely had an impact on the layoffs, even though I constantly argued against them coming on as we in IT just needed better guidance from Superiors on what we needed to improve, I of course was ignored and watched as it infiltrated every IT department.
I blame all of this on poor leadership from the Ex CEO and CFO and a reluctance to concentrate on improving a product at a time instead of jumping on a bandwagon and trying to introduce new products that were not ready for market.
4 quarters of loss took Alteryx to the buy out, the management took us to the third party "support" model and the third party support model took us to mass layoffs (again)
I don't see Alteryx making it as Alteryx for another year, I see it folded into another company, much like Alteryx did with Trifacta
Go ask Meta AI on how to use whatever in designer. It will give far better answers than Aidin. It's just pathetic how weak the engineering culture is.
As devastating it is to hear the impact on losing your job. You will thank yourself few months from now.
Technology is changing rapidly and Alteryx will not survive the next wave of transformation with generative AI. They will survive with renewals for the next 3 years. The PE firm will make their money. They will outsource Engineering and IT to cheaper locations.
You get two extra months of severance in cali, but not for the rest of the US, feels so dirty.
Got cut along with over half my small team
Their plan is to let people go in the US and EMEA and rehire people in India and Prague for the same jobs. I heard that it’s happening to some teams and if you look at the jobs open on the website it confirms the rumor. Very soon there will be more jobs posted for those locations
All departments impacted. I was impacted as well. IT hit much harder than anticipated -- my manager said they found out last night and were shocked at how severe our team was impacted. Sounds like a rough initial transition period for the survivors, but the org will survive. What Alteryx will look like after this? Who knows...the offshoring of a lot of these functions hasn't been the smoothest and there will be some pains. Wishing all the the survivors the very best!
Just heard from someone who survived, 16% of Product Engineering gone, about 150 people.
Do the technical roles also get impacted...from email seems most are middle management and leads
IT for one
20% RIF across the org.
US people have been deactivated on slack.
Same is France/Germany, seems across the board.
which depts have been impacted?