Thread regarding Alteryx layoffs

Alteryx Layoffs - May 2024

Need a sumary? Let's leave this list for posterity.

  • Severance this time is a joke compared to the last layoff.
  • Leadership team remains untouched, enjoying their golden parachutes.
  • Offshore contractors and third-party support dragged the company down.
  • Ex-CEO and CFO prioritized shiny new products over improving existing ones.
  • Four quarters of losses, a buyout, and now mass layoffs thanks to third-party support.
  • IT department's disastrous onboarding of Hitachi hastened our downfall.
  • Leadership ignored us when we argued against bringing Hitachi onboard.
  • Plan to fire US and EMEA employees, rehire in India and Prague.
  • Layoffs hit every department, IT hardest.
  • 16% of Product Engineering (about 150 people) axed.
  • 20% of the company laid off overall.
  • Alteryx won’t last a year as itself; expect a merger, just like with Trifacta.
  • Survivors face a painful transition as offshoring causes chaos.
  • California employees get extra severance, the rest of us get shafted.
  • Jobs in India and Prague are opening up, confirming the rumors.
  • Employee sentiment is rock bottom; leadership and future prospects are bleak.
  • Product leadership's mistakes cost us our jobs.
  • Alteryx has lost its way, both in direction and competition.
  • Sc--wed up by building Analytics Hub on-prem while the world moved to the cloud.
  • New CPO rushed out a bunch of useless cloud products without understanding what users wanted.
  • Designer Cloud flopped; old customers can't switch from on-prem, new customers find better options.
  • Always behind the curve in product strategy, now lagging in AI too.
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| 3551 views | | 4 replies (last May 30, 2024) | Reply
Post ID: @OP+1sM0aaW5

4 replies (most recent on top)

Alteryx will survive as it is a great product, but unfortunately the C-Suite have been huffing paint thinner and have dragged the company down with dreadful go-to market campaigns, a thinly veiled smattering of sociopathy and utter contempt for both their international clients and their partner channel. I have a feeling many of them will decide to spend more time with their family in the near future and enjoy their ill-gotten gains.

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Post ID: @imo+1sM0aaW5

Yeah sorry mate, this ain’t it.

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Post ID: @wth+1sM0aaW5

PE is looking out for themselves, like former and present leaders. They are not looking out for the products customers or employees

What tech company in their portfolio has been successful (better products, happy customers and employees) after they took over. Name one? The greater good is a pure smoke screen from what's happening and they have been and will continue to lie to customers and staff that remain

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Post ID: @ogo+1sM0aaW5

“ Alteryx won’t last a year as itselF”
I don’t think that’s true. I understand this whole thing su-ks but unfortunately the company itself long term is going to do well. The PE firm is good for the greater good of Alteryx. The sad reality is so many people got burned for it to prosper again.

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Post ID: @gbw+1sM0aaW5

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