Thread regarding ViaSat Inc. layoffs

Life isn't fair. Never has been. Never will be. Some clown with a "cool" name in the right place at the right time. Long time veterans get the axe, and he takes home 10s of millions of dollars for selfies and platitudes.

Are you serious? Guru’s resume is as thin as it gets. He’s not qualified to run a popsicle stand. Rick Baldridge is responsible for bringing him in and we all know his track record of picking talent is abysmal. Guru’s resume is a joke!

WRONG(:

Yes sir, another RIF will come and it will save the company by cutting the cancer. ViaSat has been underwhelming due to the wfh people wasting their time (while getting paid) e.g. watching movies, exercising, going on trips, etc.; until a deadline is approaching. They barely make the deadline, while producing the bare minimum that doesn’t even meet standards.
This had obviously done a lot of damage to the company and a change is needed.
Easiest way to conduct this RIF is to give the people an ultimatum of RTO, if they say no then they are terminated for cause, therefore, no severance package which will save even more money

I get why emps and former emps come here to post, but why does Guru spend so much time here?

Guru is honestly one of the worst executives I have ever been around. His previous stints didn't look good because he had right people around him but he lacked any vision and so resorted to boringly-predictable cut-and-shut strategies. Viasat is no different. There will be short term pain, but over the long run we'll see Guru's exit when cost-saving through RIFs and sell-offs is complete

“ In the 1990s, things looked bleak and Apple almost went out of business. But like a runner that fell…[bla bla bla]”

Yes…this happens…but not in this universe

I'll take what he's smoking

Viasat may pull off a miracle and become successful like Apple, but you still won't get a decent bonus or stock.

In the 1990s, things looked bleak and Apple almost went out of business. But like a runner that fell during a marathon, they got up, never gave up, caught up with and surpassed everyone. A decade from now, Viasat will be in the S&P 100 after having acquired SpaceX, and Guru will be Time Magazine's Person of the Year after firing Elon Musk.

Oooohh, all those airline deals, why is the stock not over $100/share?

We are fine, with the established contracts that Viasat acquired from the Inmarsat acquisition, and when VS3 flight 2 is launched and bringing in revenue, Viasat will catch-up. A runner can trip and fall and still get back up to win a race.

You people are sad and pathetic. If ViaSat is doing so bad, then why did Korean Air selected Viasat to provide in-flight connectivity on 40 additional aircraft, Icelandair selected Viasat’s in-flight Wi-Fi solution for its new fleet of Airbus Aircraft, and Royal Jordanian Airlines plans to equip more than 40 aircraft with Viasat’s connectivity system? Sounds money to me. You all are just but hurt because you got let go for not bring value to this amazing company.

Don’t listen all the noise from former employees or rival companies that just want to bring the morale down. Viasat didn’t wish for all our parties to be laid off, unfortunately that was the result Viasat had to do it in an effort to reduce costs and to restructure Viasat’s business model. However Viasat still treated them with the respect and dignity they deserve, plus the company knows that they can count on our support in doing the same, so don’t listen to all those Trolls!
Viasat will be back on top once more! No matter what happens, keep getting back up. For every time you get back up, the fall makes you stronger and thrusts you to a new level. Whatever you might be facing. In the end, what matters is how quickly you get back up and take your power back.

Guru is honestly one of the best executives I have ever been around. His previous stints didn't look good because he didn't have the right people around him to implement his vision. Viasat is different. There may be short term pain, but over the long run we'll see the fruits of Guru's brilliance.