Thread regarding F5 Networks Inc. layoffs

One more layoff. Who is impacted in today's layoff ? how many got impacted ? An info on this.

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| 1933 views | | 17 replies (last October 30, 2024) | Reply
Post ID: @OP+1ve2Nas9

17 replies (most recent on top)

Sadly If the layoff was below a certain threshold then WARN does not apply. I’m quite certain they made certain to stay below that. Seems to be 500 or more employees, or 33% of the workforce for smaller companies.

https://www.justia.com/employment/hiring-employment-contracts/layoffs-warn-act/

I’m quite sad to hear this is the normal practice now.

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Post ID: @1zpq+1ve2Nas9

RE: WARN - that's a fair question - looking at the exceptions - https://en.wikipedia.org/wiki/Worker_Adjustment_and_Retraining_Notification_Act_of_1988#Exceptions_to_the_WARN_Act - I don't see any that apply.

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Post ID: @1ojn+1ve2Nas9

F5 has found ways around WARN

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Post ID: @1sta+1ve2Nas9

I'm on those impacted. The last day is 11/01. Isn't they have to provide 60 notice in Washington according WARN requirement? I would expect the official last day to be at least 12/31 and then the severance kicks in.

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Post ID: @1gwq+1ve2Nas9

Are RSUs vesting nov 1st being included in severance?

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Post ID: @1xoq+1ve2Nas9

Nice to know that RIFs are sn annual FLD event

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Post ID: @ejq+1ve2Nas9

Geekwire has an article just out. 2% of workforce

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Post ID: @qax+1ve2Nas9

Someone here mentioned XC layoffs which is spooky. XC is supposed to be where we are focusing resources not pulling them out

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Post ID: @kub+1ve2Nas9

Myself and and at least 3 other teammates got hit today. I am told that the senior director of the group I'm in was eliminated as well.

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Post ID: @jgo+1ve2Nas9

Any media uls of F5 admitting to the RIF?

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Post ID: @iuu+1ve2Nas9

+1 in volterra xc

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Post ID: @wdm+1ve2Nas9

If you were invited to the 10:30am call with "notification" in the title, you were gone. It was evidently a large call.

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Post ID: @euo+1ve2Nas9

Hyderabad HQs 2026 F5 coming up

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Post ID: @uzj+1ve2Nas9

Me and my teammates were caught up in it, at least 5 of us. I suspect its my whole team.

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Post ID: @dbt+1ve2Nas9

How was the announcement made?

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Post ID: @idh+1ve2Nas9

3 of us on my team alone. So I know it's a lot.

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Post ID: @hsn+1ve2Nas9

Add this to FLDs accomplishments he has going

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Post ID: @qkd+1ve2Nas9

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