Thread regarding Five9 Inc. layoffs

16 replies (most recent on top)

Yes absolutely. You do not know when they will terminate. The discussion will be like you have done a great job and we have only positive feedbacks. But this is a company decision and in order to boost the share price and give our investor confidence, we have to layoff you.
And saying this layoff is not due to to performance but management decision. Worst company I have ever worked.

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Post ID: @2f3+1m239axbc

Looking at this chaos people leaving company themselves and get their salaries doubled (i hope you understand that I cannot give names and orgs). I am still here, but prepping for interviews everyday.

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Post ID: @kv+1m239axbc

Please share more details on packages offered, I might just cruise and do the least amount of work at my role then secure a package and get a new job lined up if the offer is juicy

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Post ID: @gk+1m239axbc

Some Sales leaders

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Post ID: @gg+1m239axbc

I would love to know what packages they offered.

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Post ID: @fr+1m239axbc

Other departments, about 20 or so in total.

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Post ID: @f1+1m239axbc

@ef I’m in PE and haven’t seen any email. I assume it means PE was not affected?

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Post ID: @ew+1m239axbc

@e6 can you say where? The email last night was vague and said we had layoffs but no word on size or where

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Post ID: @ef+1m239axbc

@cn wasn't just PS. More elsewhere.

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Post ID: @e6+1m239axbc

I mean if the most damage done was 2 bodies from PS then that's a pretty tame lay off.

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Post ID: @cn+1m239axbc

@a7 in exchange on package?

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Post ID: @an+1m239axbc

@a7 why would you resign?

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Post ID: @a9+1m239axbc

Which departments were impacted this time?

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Post ID: @a8+1m239axbc

We were given the option to provide resign notices

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Post ID: @a7+1m239axbc

2 confirmed laid off in PS so far

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Post ID: @a6+1m239axbc

A dozen or so this far. Any more or specific areas?

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Post ID: @a5+1m239axbc

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