Thread regarding ViaSat Inc. layoffs

Good While It Lasted, How Long Can it Last? Opinion After 10 Years

Engineer, Carlsbad. Laid off yesterday.

quote from yesterday: "Viasat has peaked.... multiple layoffs in the past few years. This company is a slow sinking Titanic.... if you're one of the lucky ones that made the cut... are you really considering a future there?"

lets elaborate:

  • Progress VS1, NBN, etc. basically customers in early 2010's like the product. although still shi--y, there's nothing better available.
  • Dankberg gives his bi-annual all hands, catered food, beers for everyone, etc. etc, preaches bandwidth economics, shoots down feasibility of LEOs, all aboard for VS2, all aboard for more GEOs. Who cares about ping times and customer experience right?
  • VS2, VS3 X3 in design BETS THE FARM on GEOS
  • 2017 ish VS2 being rolled out VS3 expenditures begin, "unprecidented times" limit unnecessary spending, unnecessary travel, skip conferences, etc etc. This message hasn't stopped btw
  • "anomaly" on VS2 reflector, leadership still doesn't have the ba-ls to push the button, insurance claim.
  • VS3 underway. huge investments in ground infrastructure, fiber networks, satellite design, space mfg., etc. etc. all in for GEO. Everyone drink the cool aide
  • VS3 dubbed "mythical beast" how fitting. i'll still rock the T lol
  • SpaceX makes LEO work, beats Viasat to market
  • Covid. airlines grounded, infilight wifi halted. stock tanks, 1st round of layoffs ~6% 320 heads
  • Leadership continues to hold the line, FCC-SpaceX, continues to discredit LEO, people only want to stream movies etc. etc. etc.
  • Viasat decides to buy imarsat for 7.3 Billion! Talk about all in on GEO. Company is worth 2.35 B right now let that sink in!
  • Shakeups at CEO, Baldridge, back to Dankberg, Lets hire a company cheerleader while were at it (talk about a person that brought on some bad juju)
  • More layoffs pre VS3 launch ~ 4% 300 heads. thanks Guru! sends next diarrhea of the mouth emails to console whose left. glorified cheerleader
  • VS3 disaster, paid the company that's destroying you to launch it, two copies of the disaster in the queue.
  • Inmarsat disaster, company is now an insurance troll.
  • Stock nearly in single digits. more layoffs 10% 800 heads. Roughy 1500 people since 2020
  • LEOs kicking a$$
  • company can only dig so deep, can only prop up stock price by cutting people for so long, empty campus, losing good people, mass exodus incoming.
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| 2391 views | | 11 replies (last November 3, 2023) | Reply
Post ID: @OP+1ppATAKJ

11 replies (most recent on top)

As a former employee of 2 years and let me say that ViaSat is the worst political company I have experienced, whether favoritism in place of actual talent or sheltering mentally ill sociopaths at management levels. I also thought I would retire from here after 10 years, but not with the knives in my back. The last most ridiculous thing was when the execs approved the new corporate Legoland logo, which was strange considering it's an analog signal.

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Post ID: @qiu+1ppATAKJ

This post does win and is 100% correct. I was so excited to work for ViaSat when I was hired… I thought I would work for this company until I was old and ready to retire… now I’m devastated because I don’t think that is the case anymore for me. The worst part? The big wigs don’t give two sh-ts about us… they are out for themselves and their own wallets. Great job hiring Guru and his wrecking ball too… his lengthy emails reek of bullsh-t. The one he sent yesterday was insulting trying to sugar coat the third reduction in force in three years. Pathetic.

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Post ID: @svq+1ppATAKJ

Yeah this is probably the last straw for me. Even though I made the cut on Wednesday and have a niche role where it would be very disruptive if I left and make the remainder of my team upset, I'm in the process of applying to other orgs and even already have an interview on Monday. Even if they counter offer some ridiculous salary or bonus, I know it's just to stop the bleeding and hold onto me while they scramble that I showed my hand. Then come April I'll be on the list and send packing even though nothing changed organizationally.

They demand you "innovate" "adapt" "inspire" in the short few months between layoffs while you're workload just increased covering for those who were just let go, picking up the scraps just to keep the lights on. That fuse is getting awfully short in this company that is purely ran on tribal knowledge in the actual profit generating teams. No amount of outsourcing to low salary workers will fix it, it's just a hole you can never dig yourself out of. I've lost count of the number of new folks over the past year that typo or mispronounced "Viasat". If the plan was to start from scratch then good job full speed ahead! I have a garage for you to start working out of.

I hate to admit it but Guru truly was the coffin nail this company wanted. That resume should have went straight to the shred bin immediately after one look. I really don't even think Mark believes the stuff he says out loud about anymore about GEO or whatever. Just a stall for time for the millionaires at the top can secure their grandkids trust funds and retire. No vision or passion for this anymore just a crusty dying cow to milk for the last drops of revenue before it keels over with a wet fa-t.

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Post ID: @wze+1ppATAKJ

Inmarsat is carrying your d-mb as--s. You are bloated and can’t compete.

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Post ID: @crd+1ppATAKJ
  • massive dilution of stock due to Inmarsat acquisition
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Post ID: @lul+1ppATAKJ

you forgot panic selling most of your government business to balance the finance sheet and fund some of the Inmarsat purchase, $2B

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Post ID: @khc+1ppATAKJ

In-flight WiFi still tops

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Post ID: @ywk+1ppATAKJ

forgot one thing:

  • hacked by russia, nuked terminals. "Guru - lets make viasat a security company"
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Post ID: @tgl+1ppATAKJ

Let it go. Move on. I'm kind of glad to have been laid off. Now I can hopefully find something more enjoyable. It's been a while since the last time I enjoyed the work at Viasat, and I love interesting design challenges. Viasat is morphing into a different company. Let them dig their own grave. Don't help them with critiques.

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Post ID: @jhv+1ppATAKJ

You, sir, have exquisitely summarized the timeline and points. You win layoff.com for today.

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Post ID: @rjc+1ppATAKJ

Completely agree with you. Company is mismanaged and going down fast. Starlink is kicking it’s a-s.

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Post ID: @wub+1ppATAKJ

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