Sales was effected - that's all I know.
It looks like Nginx was acquired to save the sinking boat...
Long-time Nginx employee, looking to get the heck out of here soon. From all the meetings, it looks like we joined a sinking ship, and viewed as the savior to keep F5 relevant for the next few years. Disastrous company...
MORALE IS DOWN ALL ACROSS THE COMPANY
PEOPLE ARE NOT WORKING ON NEW PRODUCTS AND SATISFYING THE CUSTOMERS THEY ARE WORKING ON LOOKING FOR NEW JOBS. THE CONSTANT QUARTERLY EMPLOYEE SURVEYS ARE VIEWED AS BROW BEATING. FOLKS ARE GIVING GOOD MARKS IN HOPES THE SURVEYS END. THE HR EXEC IS... — read more
F5 new ceo messed up with layoffs
I think the new CEO and his GMs are rethinking the layoffs now. Ever since he came in and started making changes he really messed up culture. I heard he’s too scared to do anymore layoffs because all the good people have left and issues from... — read more
New tactic - Make it unpleasant enough to get people to quit
The company does not want the reputation of doing regular layoffs. The new tactic is to make life unpleasant enough, for as many people as possible, to get as many to quit as possible. Now it's a layoff without being a layoff. Now only the people... — read more
Stealth layoffs?
FFIV has let go of a number of people this week. Looks like a stealth layoff. Not surprising. They are a hardware networking company in a world going rapidly to the cloud. They've failed to build much of a security business and in their core market -... — read more
We need to have management layoffs
Why are there so many useless managers at F5 Networks? They know so little about their jobs that when a decision needs to me made, there is nobody who can actually make it. This is one of the reasons why the company has no clear direction or... — read more
New layoffs coming soon related to Acquistion
With expensive acquisition and additional investment required for it - expect large lay-off in the next quarter. Anyone have more info on it ?
F5 misses revenue target
Seems like new round of layoffs may be coming soon.
The company is growing
Cross my fingers
I hate Cortex Tel Aviv
They make us work at night. We have kids, families, but they don't care. yesterday HR pushed on us. This is harrassment
F5 names India managing director
As the article reports, the company stated that it has appointed Edgar Dias as the new Managing Director of India. The new director will effectively start work on November 12th. The link provides additional information on this appointment if someone... — read more
Dictatorship in Tel Aviv Cortex Project
Today HR manager came to weekly meeting and forced us to work at night for free. This is unbelievable. With total management support. It's even worse than layoffs.
Simplicity is the key
Read this article, and I have to recommend it as a really good read. I always said that if our services lacked anything, that’s simplicity, and if JF was brought in primarily to tackle this problem, then the management scored a good point for... — read more
No layoffs before next quarter?
I've been hearing that because of good quarterly results, there will be no layoffs at least for the duration of this quarter. I'd like to believe this is true, but it sounds suspiciously like wishful thinking to me. If layoffs were already scheduled... — read more
Tel Aviv joke
Instead of hiring developers, qa people were told to write code. Bravo! Want to have a car instead of a bike? Just write "toyota" on it and hurry up to success!
This is the goal
Third round in under 12 months. Most of these people don't fit in with the plan though. Traditional network model is dead and cloud fail fast is the future. Axing some dead wood will allow F5 to get into the developer lease model where you have... — read more
Who was responsible for deciding who gets laid off?
I'm just wondering, because from where I'm standing whoever made the choice only used a list to pick from instead of making sure to include merit in decision making. We lost some of our best people! Where's the logic in that? Why wouldn't you take... — read more
Layoffs good ?
Layoffs are good for health of a company but like as with anything else, it is grossly misused and taken advantage of by targeting selectively as being biased. India and Guadalajara growth is good cost cutting measure, the more the merrier. Welcome... — read more
Are layoffs done?
Are we done with the layoffs for Q3? Will there be more in Q4? Not sure if the layoff was to remove deadwood as I see many good people and entire business units being removed.
Spokane Layoffs Today
I personally know three folks that got cut here. I am fairly new here, under 12 months. Godspeed.
Developer lease model
Axing some dead wood will allow F5 to get into the developer lease model where you have temporary employees churn product out nonstop. Enjoy the ride!
Lowell office closed
Entire Lowell office is canned. Ryan was there to personally do the deed.
Will F5 India and Guadalajara lead to layoffs?
Is F5 India and Guadalajara being grown for shifting resources to low-cost countries, meaning more layoffs in Americas? It looks like IT and PD teams are moving to India and Guadalajara.
F5 Layoffs hitting lots of people
Bloodletting today. People being escorted out continuously throughout the day. Of course they don't call it layoffs but rather 'restructuring.' My team lost 6 of 40, and this was round two in 6 months
Was recommended to apply for AVI Networks
We all the stuff going on in this company, been considering taking this job. Want to hear your thoughts on the matter ? Is for a technical support role, better salary and stock options. Thank Guys
Brand New HQ - But People Have to GO
Our overpaid Executives are preparing for their new palace - which cost is staggering in Seattle. However - the worker bees have to go to help pay for this.... or is it releasing certain "types" of workers who do not fit the "new" diversity model?
Future of F5
Leaked plans for large amount of layoffs coming next year. CEO changing the focus of the company into different technology because the cloud and automation are the future, so there is no point in staying in our current tech stack. Those customers... — read more
More crazy Layoff at F5
Yesterday there were more Layoff... this is just crazy, now support, PD and some architects were affected, number was of 34 persons so they didnt report. Rumors says the number will growth before december. btw my salary was reduced 31%... Time to... — read more
Another round of layoffs within a month
Sept 28 another 100 people got layoff from F5. I don’t know where company is going. Almost 250 people in 30 days. I don’t why Wall Street is not noticing this. Company is going down the hill. Serverance package they gave is less than industry... — read more
Traffix SDC - shame on you
This is just unbelievable. They fired 6 programmers from traffix tel aviv PD, leaving 10 people, 6 of whom are lazy managers. Good improvement! Bravo!!!
Thread missing
There was a thread here earlier about some layoffs, but I don't see it anymore.
There seems to be no planning and management is this stupid company
They had big poster on San jose office titled "We are Hiring" . I joined the company three months ago, gave hackerrank test, onsite interview, had worst time in the team, senior didnt want to help. And manager expected to solve complex OS problem... — read more
What was the criteria of last F5 layoffs?
What was the basis of these layoffs I wonder? Performance based or based on job role. Was it only 1 group affected or was this across the company? This was asked in another thread, but nobody answered, so I was hoping bumping it would get it more... — read more
Layoffs sure, but not the Integrity or Diversity VPs
Odd that the Director of Integrity and the Chief Integrity Officer, and the Diversity Department (yes real positions) somehow have value to be paid enormous salaries, but moderately paid tech people actively working on projects had to go. No worries!... — read more
F5 sheds its "Family Feel"
The most recent layoff was poorly executed by management. Email announcements of "retirement" and not letting released employees back into the building. Employees will be mailed their their personal belongings. Sickening. It all brings an air of... — read more
This will cost F5 good people
I wont be surprised if there will be a spike in "bad turnover" (essential staff F5 wants to keep) given this small layoff will leave people feeling uneasy ("Am I next?") and there's still a great job market. I know I'll start looking. You and me... — read more