They have the cash and buying Viasat catches them up to Starlink much faster. Instant complimentary GEO constellation to their LEO, government access, instant distribution network for selling, and L-band for D2D as their first generation LEO... — read more
Who got laid off in October?
I found this infp buried in another thread. Reposting it at top level as this is the info that people SHOULD be sharing on this site. Laid off in October: ISAT sales lead Europe, aviation ISAT sales lead USA, aviation ISAT Customer support leader... — read more
WARN Act
If WARN act wasn’t triggered that means less than 50 US employees were laid off.
Virtual Teach-In
I guess that virtual teach-in of the defense business didn’t convince investors and analysts
There's a lot of toxic behavior on this message board for lots of reasons
As someone who was affected by the layoffs last Nov, it can be a difficult time and someone taxing on your overall well being. There's only a few things that can shake you up in life as much as losing your job, so my heart goes out to anyone affected... — read more
Global Operations is going for 10% of the workforce
Starting with legacy Inmarsat because the notice periods for LI (3 to 6 months depending on grade) is longer than for LV. John D. has asked to sack managers, not just the usual working level colleagues. Ironically, people being axed now are... — read more
Viasat’s War Room: Current Events
Setting: A dimly lit conference room at Viasat headquarters. The walls are adorned with motivational posters like “We are Viasat” and “VS3 The Mythical Beast” A massive screen displays the headline: “United Airlines Dumps Viasat for SpaceX... — read more
Guru needs to be fired!!
since the day he came, Viasat has been plummeting non stop while he did nothing and enjoyed his compensation, just goofing around in international travels. What did he bring to the table worth his compensation. Cut him and we will save hundreds of... — read more
If you were just laid off...
Don't take it personally, the whole thing is probably going ti-s up. And although it was once very special at Viasat, it is not now... So the sooner you are out of the toxic "who is next" environment and get on with your life and career, the... — read more
We should’ve learned by now that we are not valued
No effort, stellar performance, overtime, and energy invested will save any of us. Quite the contrary. The more you know, the more capable you are, the more expensive you become. Therefore, you just end up a prime game to be shot down come the next... — read more
Hey Gooroo I had 5 years straight high bonuses and excellent performance reviews at Inmarsat and Viasat.
But you fired me today on grounds of “costs”. God help the sh@t company you run and please consider just how you earned that $20M. How do you sleep at night?
In all seriousness, what could have Guru done?
He joined Viasat in June 2023 one month before the F1 failure. F1 fails. The company can't execute it's growth plan and is constrained by debt. That wasn't his doing. He was hired to integrate inmarsat and play offense but immediately company went to... — read more
Viasat Was The Worst Performing Tech Stock in 2024
Viasat lost 60.56% in market value over the past year. The implosion started last year after the stock tanked on reports of a glitch in one of the company’s new satellites. Viasat took another hit after it emerged that United Airlines will no... — read more
Anyone else had a PandC call?
I just got the call from PandC telling me I get layed off. I did not take the VRP, this is 100% involuntary. The PandC person told me they are busy with layoffs. Goodbye and Good Luck.
Possible ways out of this mess
All dependent on successful and somewhat "timely" launches of the remaining two Viasat 3 birds. ) Viasat gets bought out by Eutelsat or another competitor capable of making a deal happen. They integrate their LEO constellation with Viasat... — read more
I predict
We will be acquired by Gogo next year.
Out of Qatar now?
Ooof. Out of American. At Risk at Delta. And going out of Qatar. https://runwaygirlnetwork.com/2024/10/qatar-airways-flies-first-777-with-starlink-divulges-equipage-plan/ What next for Viasat commercial aviation? Maybe we can uncap all our... — read more
Love these important PR updates!
Big news Viasat joining a second-rate reseller platform for internet small business. That should really move the needle. Great to see D2D was "demonstrated" in India. How about actually DOING and COMMERCIALIZING it? Still waiting for more details... — read more
The show must go on
This site has become my go-to for daily entertainment and is a snapshot of what's really happening within the company. On one side, you have PR people spinning a false positive narrative for investors, and on the other, frustrated employees trying to... — read more
Among analysts, 38% have rated the stock as a buy, whereas 62% suggest holding, with no sell recommendations.
Viasat is fine, relax. I trust analysts who are experts in finance then a much of upset FORMER employees who are still clinging to the past on a “anonymous” forum page. By 2026 everyone will be jealous when Viasat stocks start soaring! “Should have... — read more
Don't believe anything you read here - it's complete BS
It's just a bunch of disgruntled trolls who got laid off a long time ago and have no idea what's going on in the company now. They are posting nonsense and fiction. I work with multiple teams in the company, and morale is pretty high. Everyone is... — read more
It ain’t worth it.
I've pulled back on performance because I've not seen my efforts result in improvement. Think of it like this - no matter how hard I work it will not lift the company out of the hole MD and others have dug. The effect of my actions pale in comparison... — read more
Regarding the F3 Launch, it seems like a lot of you didn’t pay attention to the May earnings call.
This is what guru said- So on F3, in terms of schedule and where we are, we continue to expect to bring F3 into service in mid to late calendar year 2025, which is a little more than a year from now. And a key milestone, which is thermal vacuum... — read more
Why are some of you so sure we'll have more layoffs soon?
I think people just like to work themselves into a tizzy. When we have some kind of an announcement, start worrying. Until then, relax and enjoy life.
Launch Schedule Silence
The F3 is supposed to launch by the end of the year. Less than 90 days and no news. Has to be one of a combination of the following. ) There is something wrong still with the F3 bird and further work needs done. ) They don’t have insurance yet... — read more
Ready for the inevitable
I know displacement is coming sooner or later with the current leadership. There's no point in expecting anything better at this point. I’ll do what I need to get by until then, but I won’t leave without severance. Just following the necessary steps... — read more
Some satellite antennas unfurl just fine
https://www.pcmag.com/news/starlink-rival-ast-spacemobile-starts-to-unfold-its-massive-satellites
Starlink's giving free internet service to Hurricane Helene victims
What's Viasat doing? Nothing. Piece of sh-t company.
Rumor Mil List;
Ops want to close the Houston southern location. It is a maritime location and IS has lost ships biz to Starlink cuts got to be made. This is not the VES location it is the IS location. Atlanta, looks like CPI wants their contracts not their... — read more
Why hasn’t launch scheduled been announced yet?
Still haven’t gotten insurance for F3? No rocket and date reserved? Still more delays on the rocket? It’s only been 3 years or more.
It’s not just StarLink
Why are airlines starting to dump Viasat in favor of StarLink? It’s not just because LEO is better than GEO. All you have to do is look at the stock price. No airline is gonna want to risk losing Wifi for all their customers if there’s a chance their... — read more
Only the blind cannot see the trend
Viasat was collapsing well before they acquired inmarsat. VIASAT was created because they were able to offer good value in the defense sector. Have they won anything new lately or are they living on sole source kind of stuff? Customers (govt) are... — read more
Do you think they will be converthing more interns to employee this year than previous?
Last year around 11/72 interns were converted to full time but I believe the company was going through a lot of hardships, What are your opinions?
What will happen to this company IF they actually launch Viasat 3 F2 and F3 successfully?
What will happen to this company IF they actually launch Viasat 3 F2 and F3 successfully? The capacity will be there but will anyone buy it at the right price?
Stock lowest price since May 23, 2003
Lowest price in over 21 years! Your 401Ks turned into 40Ks. Still more to drop though. It will likely be in single digits in the next 1-2 months.
Stop being in denial
Yes, layoffs are always around the corner with the current state with the minimal data my expectations are the VRP did not yield sufficient numbers to avoid involuntary cuts faster competitive advances into our core markets than expected... — read more
If it is of any consolation
What has been seen (at least from the central eng org) there are a lot of damm smart people on the legacy Viasat side below the L2 level, some now sadly exiting the business. Obviously the same is now true in terms of exits on the legacy Inmarsat... — read more
gogo-to-acquire-satcom-direct-offer-integrated-leo-geo-ifc
https://runwaygirlnetwork.com/2024/09/gogo-to-acquire-satcom-direct-offer-integrated-leo-geo-ifc/ Not great for future job prospects in the Biz Av space at Viasat
Relax, Viasat is going to be okay. IFC means nothing
How did Viasat stock do from 2019 to 2023 when they dominated IFC? Not well, which means IFC means nothing. It’s the govt contracts that mean something, and they haven’t been switching to Starlink