Thread regarding Riverbed Technology Inc. layoffs

Q1 numbers?

Sink or swim?

Yuuge h1 prospects indicated late last year eh. Yea right.

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| 2561 views | | 17 replies (last April 7, 2019) | Reply
Post ID: @OP+YmUbjuq

17 replies (most recent on top)

Don’t forget all the useless non-sales related travel, also spending on expensive foods. Hate those non technical BU product managers. If we increase expense account accountability by 50% the EBITDA will increase by 50%

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Post ID: @6kdg+YmUbjuq

It’s not the revenue but the ebitda. With 2000 people I imagine the salary alone is 400 - 500m, then hw cogs, then cloud hosting, building operating costs. If revenue falls by 10%, ebitda likely falling 25%. Not sure what is baked into forecast.

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Post ID: @3gvs+YmUbjuq

What’s this valuation based on? Last I heard the company is still profitable and did over 900m in revenue last year

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Post ID: @3jqn+YmUbjuq

Class B is now worth 1.1c

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Post ID: @3mzk+YmUbjuq

First prize is a Cadillac Eldorado.

Second prize is a set of steak knives.

Third prize is you're fired.

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Post ID: @3qkw+YmUbjuq

That is a famous quote from a famous movie about sales and probably not meant to be taken as an attack on anyone.

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Post ID: @2uly+YmUbjuq

C'mon folks, we all know lead nurturing and qualification isn't easy at Riverbed. Why argue this fact, regardless of your work or Riverbed tenure - it just "is what it is".

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Post ID: @2fqw+YmUbjuq

— The leads are weak.

— The leads are weak? You're weak. I've been in this business fifteen years...

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Post ID: @2bqs+YmUbjuq

Pipeline was indeed biggest, but what we don’t tell you is that the quality of the leads was bad

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Post ID: @2fhp+YmUbjuq

TB has revised numbers due to accounting rule change. They are not foolish to let us take advantage of that

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Post ID: @2sku+YmUbjuq

I believe they might be worser than q1 '17 which then resulted in the mass culling of may '17. But these guys trimmed the force ahead of time last month. So another culling may be a bit off, or maybe the previous one was insufficient?

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Post ID: @1htb+YmUbjuq

Define terrible. 10% miss or 50% miss. Is that bookings or revenue miss. Aren't we in the era of new accounting rule which supposedly is better suited for bottom line number

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Post ID: @1yvh+YmUbjuq

I also heard that the Q1 results are terrible. I hope the company can still afford the severance package in the upcoming layoffs.

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Post ID: @1kud+YmUbjuq

RR is OUT. AE still here.

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Post ID: @1pts+YmUbjuq

Deals in that big pipeline may just end up closing later this year. Don't be surprised if SKO is rescheduled again.

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Post ID: @1ijh+YmUbjuq

Remember distinctly “biggest pipeline in the company history”

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Post ID: @ovc+YmUbjuq

missed again

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Post ID: @hwj+YmUbjuq

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