Thread regarding Riverbed Technology Inc. layoffs

Jerry and his grey Lamborghini

Yes, me too, former employer. I know only too well Jerry's speeches and Dave Peranich's speeches of how great they were, Jerry auctioning off the jacket of the pilot who had landed the jet on New York City's river etc. How Cisco is "dead", Silverpeak is "gone" and yes Bluecoat, another Thoma Bravo acquisition, is "history". As per Wall St. rumor, Juniper, Cisco, HP...all made offers for Riverbed before elliott moved in. At least those were tech firms and one would hazard a guess would have more respect for techies than a hedge firm. They were turned down because as per Jerry's SKO speech, Riverbed is the "next Cisco" and he will never sell it. What was he smoking?? And what were WE smoking to believe that rubbish?! As Steve McCane, the founder CTO left in January 2013 with a platoon of key, energetic, dynamic people following him to Jut, a bunch of incompetent, political mid-managers were hired here in EMEA to form a layer of "managers" so that the directors they report to could profile themselves to upper management in US. In the mean time there was no sale strategy for Opnet, the regular quarterly hits on stock prices got the management's focus off the core products and now its a sinking ship. Jerry and his bunch of cronies kept getting their executive stock options of millions of dollars in the mean time for doing a lousy if not irresponsible job of managing a company and more importantly, future of employees who have been loyal and worked 12 hours a day for Riverbed. Jerry loves cars and has a collection of Lamborghinis. Now that he has milked the Riverbed work force to the maximum for his stock benefits, he will probably buy a couple more Lamborghini. Enjoy the ride Jerry. Last I saw you, you were in your grey Lamborghini.

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