Never again Being ghosted by recruiters is one thing but quite another when you are ghosted by those that you use to work with. Its difficult to accept that none of it was real Mark twain said it best. The more I learn about people the more I... — read more
How does one stay hopeful...
How does one stay hopeful under so much adversity? Why is the ELT doing all of this with such deceit?
What happened to F5?
Frequent layoffs, low morale, clueless leaders, heartless decisions, blatant conflicts of interest (just learned about this one, oh boy is it a doozy.....you might know what I'm referring to) that goes unchecked by leadership and HR....what does the... — read more
Since FLD started as CEO - how many employees have been tossed?
Are we approaching > 1200? More?
This board about f5 layoffs.....
Saw a date on the facebook entry into this board and noted it was September, 2017. Did a bit more of a deep dive and noted that you can go back in time by cliking the Older Topics button. It took me back to September, 2017 on this layoff.com site. ... — read more
F5 Adds Tami Erwin to its Board of Directors
"With Erwin’s appointment, F5’s board expands to 12 members, 11 of whom are independent. F5’s diverse board includes four directors who are women, and an additional four directors that identify as racially or ethnically diverse, with one identifying... — read more
When is Kolkata office opening?
When is Kolkata office opening?
More cuts tomorrow?
Will there be more cuts tomorrow? How worried should I be? I can't stop stressing over this.
Next round of layoffs. 120 people, Product Org.
They just fired 120 people from the Product Org. It is a "ridiculously easy" way to "free up resources to accelerate work on higher-priority efforts." The Russian roulette started. Now, wait for a few hours for an email from HR. "For impacted... — read more
6 Month Anniversary Of May 2 2023 RIF
Like many others that visit this site, I was a part of a F5 RIF – in particular the one this last May 2, 2023. I have found over the last 6 months that the cost in trying to return to the software industry that I loved so much and have contributed... — read more
Article about McKinsey
https://jacobin.com/2023/10/mckinsey-garrison-lovely-whistleblower-consulting-firms Where is the "human first?"
F5 diversity
F5 Diversity is when department managers of one ethnicity send promotion letters, where 95% of promoted people are of that same ethnicity.
More layoff?
In recent quarter earning call, FLD said "we expect our FY ‘24 revenue will be flat to down low-single-digits from FY ‘23" and "We are also targeting FY ‘24 non-GAAP EPS growth of 5% to 7%," In order to increase EPS, E should increase and(or) S... — read more
Recent Layoff Oct 2023 Thread Updates....
Lot's of noise starting to circulate..... Someone posted in a previous threat of FLD doing a pre-recorded session announcing layoffs. Is that true?
It's the third week - what news?
It's the third week of Oct. What updates do we have?
Ha ha ha. Life is good!
https://www.gurufocus.com/news/2100027/insider-sell-francois-locohdonou-sells-2200-shares-of-f5-inc
3rd week? Confirmed?
There are rumors but are those rumors true?
FLDs email
Timely for his email. Company meeting moved out a week. Last time that happened was from April to early May. Details on performance measurement. Timely…..
Director in Marketing gone
Interesting… layoffs happening?
I'd be happy to volunteer
If given the opportunity, I'll be the first to accept a voluntary buyout. Some of my teammates feel the same way. Wouldn't it be better to offer that first before layoffs?
October, third week
Most likely 150 people
FLD needs to make a real sales call
When I call on customers they ask about product features, enhancements, future plans, what services are available, etc. No one, and I mean no one, has ever asked about F5's gender breakout, the company ratio on race, EIGs, or if F5 participated in... — read more
More layoffs - yes or no
Do you think there will be more layoffs? Signs there will be = no merit increase, high profile names are leaving, RTO policy (possibly an attempt to weed out people for the next round) ... anything else? Signs there won't be = F5 is opening more... — read more
no merit increase
no merit increase this year (announced via email)... seems they are following other companies (Microsoft) lead with this. sad to see F5 go downhill like this.
I Seek Help.....
That day 3 months ago when each of us found out that we are selected to be RIFd, I was at home working. I learned over the following weeks that I needed and sought out my wife's help and council on navigating the whole event as I could not do it... — read more
Food bank usage.....
has anyone used food banks? advise would be appreciated before getting to that point....
Expect an increased turnover rate this and next year
Forget marketing. Management laid off the most experienced technical staff and technical support. Managers handed their tasks to newly hired people. As a result, engineers are swamped with technical support issues instead of working on new products... — read more
It's been three months since....
It's been three months since the announcement of which of the 620+ employees of F5 would be RIFd. I was among them. Beginning with shock, I have come to realize and be grateful that I am now out of an unhealthy environment. Despite F5's Diversity... — read more
Joke one of FLD's direct reports told....
Why are FLD's Leadership skills at F5 known as 'mythical'? Give up? Because just like the Lock Ness monster & Aliens...everyone has heard of them but no one has seen them.. LMAO... We cannot believe this Exec told us this joke... but we were all... — read more
Marketing…
How do we feel about Marketing doing their job??
October
smaller layoff of 100-175 people - remote folk??? Compensation changes: RSU grants and merit increases rare MBO annual Connectivity stipend reduced Maybe health insurance changes?
Can we get more info on this?
More layoffs acoming......
Current joke circulating around F5.... How do you say Profit in Togo?
Answer: Human.... That is why FLD says we are a 'Human First' company... LOL...
Big Compensation Changes Coming!!!!
Will be announced in October. RSUs will now be annual vesting and MBOs will also be annual. Why does this matter...you'll still get the same dollars just once a year...right... Unless of course FLD downsizes again say in June. Then you'll get... — read more
Back to the office or leave!
Management requires all employees, including engineers, to return to the office. An unmissable 100km a day commute has to "clear your mind and allow you to disconnect", according to EMEA "leaders." The amount of cr-p we heard from HR today is hard to... — read more
F5 opens new office in India, with money saved from layoffs
Opening a new office right after having historically layoffs for the company is tone deaf of leadership. They already mentioned to the market it was lapse in judgement to over hire. Is it a lapse in judgement to open a new office? What about forcing... — read more