Lost over half our people yesterday in my group- 30 out of 50. The remaining 20 have no clue how they are going to keep up with demand. So many super talented individuals. Bad for F5; good for another company.
F5 is being taken over by corporate greed which never pans out over time.
So sad. F5, I really loved my job and the people I worked with.
Another great company give bad.
And yes, I was part of the 30.
Bye bye and good luck to those left
As one of the hit, my package was 6 months and continuing benefits for a month. But I don't know what it's like for others (they said it was based on time in company and the like)
I agree with the above poster that, given the current market, I'm not horribly concerned. It's more of a feeling of betrayal (they reiterated a bunch of times that it wasn't a performance issue) than one of fear.
May I know the layoff package?
As good as the employment market is in Seattle this will have very little impact. Boeing laying off thousands is another story