Thread regarding F5 Networks Inc. layoffs

Bonus

How much are they paying 140% ?


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Post ID: @OP+1m60btb9b

23 replies (most recent on top)

@OP 121%, bean counters

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Post ID: @22s+1m60btb9b

@19n Effective February 1, 2027, all employees living within 80km of an office must report in person for the full day, Tuesday through Thursday. That's right, 80km. A truly tremendous number. Nobody has ever measured distance quite like this before. And why?COLLABORATION! HIGH PERFORMANCE! TEAM SPIRIT! All those beautiful corporate buzzwords that sound absolutely fantastic when you're trying to convince people that a three-hour commute is actually a career development opportunity.

Apparently, working remotely for years and delivering results wasn't good enough. We need people physically sitting in buildings to achieve greatness. I know more about collaboration than anyone. Nobody collaborates better. Believe me.

And the timing? Absolutely perfect. Just days after the stock price takes a hit, management comes up with this beautiful little masterpiece. Coincidence? Maybe. But it has all the hallmarks of a brilliant corporate strategy: make people's lives miserable, destroy whatever flexibility they have left, and wait for them to resign. No severance, no messy layoffs, no bad headlines. Just a voluntary departure. Tremendous savings!

And for those who refuse to participate in this exciting new experiment in corporate obedience? Well, they can be shown the door. Very efficiently. Very professionally.

Let's call it what it is: not a return-to-office policy, but a return-to-compliance policy. A fantastic plan. The best plan. The stock price may be struggling, but at least management has found a way to make sure employees are miserable three days a week. Winning!

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Post ID: @1cv+1m60btb9b

@19n No announcement on bonuses yet.

Starting February 1st, 2027, all employees within 50 (yes, 50) miles of an office are required to be there for the full day Tue-Thurs. All in the name of “collaboration,” “high performance,” blah, blah, blah.

Coming mere days after the stock price drop, seems like a transparent effort to cause pain and make people quit, or just terminate them when they fail to comply.

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Post ID: @1by+1m60btb9b

Could a current employee tell us nosy ex-employees what is happening at the moment? From the sound of it they are not paying out bonuses to everyone even though the stock price drop was after 9/30? And are they mandating 3 days a week in office?

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Post ID: @19n+1m60btb9b

@18j. 0%

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Post ID: @19j+1m60btb9b

Ex F5 here, What is the target bonus percentage this year

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Post ID: @18j+1m60btb9b

@174 not 6? Thats where all of this is headed

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Post ID: @17t+1m60btb9b

@er In the office 4 days. Soon will be 5. Don't like it? GFYS!

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Post ID: @174+1m60btb9b

@er Confirmed. You were right. Motherfu...s did it! Pushing people to resign.

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Post ID: @173+1m60btb9b

@pp FLD is guaranteed his bonus by contract, shareholders can't take it since it was for performance before Oct 1. Employees are not guaranteed their bonus and it can be taken back to bump stock a bit.

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Post ID: @q9+1m60btb9b

@k2 so no bonus then for FLD then?

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Post ID: @pp+1m60btb9b

@hp and lots of $$$$$$$$$$

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Post ID: @ny+1m60btb9b

@k9 expected impact is the same as under performing

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Post ID: @na+1m60btb9b

@ka many managers have negative impact. Why are they here? Oh, the same caste!?

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Post ID: @m7+1m60btb9b

F5 told there is no rating, only impact. So no bonus means, no impact created by someone. Why F5 keep them?

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Post ID: @ka+1m60btb9b

Workday shows 4 ratings, , where is the rating for under performing. Will anyone gets lesser than expected impact.

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Post ID: @k9+1m60btb9b

@fy no bonuses confirmed for employees rated at performing or underperforming

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Post ID: @k2+1m60btb9b

@f1 Because FLD needs $$$$$

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Post ID: @hp+1m60btb9b

@er What are the bonus cuts?

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Post ID: @fy+1m60btb9b

Why bonus cut when revenue exceeded analysis expectation

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Post ID: @f1+1m60btb9b

A meeting and hour ago confirmed bonus cuts and mandatory 3 days per week in the office for f5 employees 80km near an office. welcome to the new f5

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Post ID: @er+1m60btb9b

You wish...

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Post ID: @c4+1m60btb9b

Worst stock drop of all time today, they may drop bonuses even though the number are from last fiscal.
Otherwise it may be major layoff time.

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Post ID: @bx+1m60btb9b

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