Campbell Layoffs - March 2018 (due to Thoma Bravo direction): Barracuda layoffs started today (3/1/18) following the close of the deal wherein Thoma Bravo took the company private. Actual percentage cuts not yet known but the massacre started around 8am in Campbell, CA.
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100% true. I was let go even though I was crushing it with a product that was untouchable in the market. Too bad because enjoyed it a lot. TB taking them private was the kiss of death.
Brother got laid off from Barracuda, just found out from my Mom just now.
Incidentally, a friend of mine survived an acquisition from Thoma Bravo. His company lost a huge percentage of workforce.
This is 100% true - wife was affected today. It's cutthroat anyway, I am glad she's moving on