Thread regarding F5 Networks Inc. layoffs

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 standard.

Seems need to prepare resume and move on .

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| 3521 views | | 5 replies (last October 6, 2017) | Reply
Post ID: @OP+Pv8xLJk

5 replies (most recent on top)

I was let go last week after years with the company. Two days before the end of the fiscal year... come on, its business. Yes, it s---s... but I worked on a great team and would rather have the rest of them stay with a company that successfully manages the challenge ahead of them than have every one else pay the price if the company falters.

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Post ID: @7woo+Pv8xLJk

Not true. F5 laid off those in the business segments which do not fit into F5 short and long term goal. There were 150 employees who some received 6 months pay. It’s nobody’s fault but rather a business shift.

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Post ID: @5iyy+Pv8xLJk

Lies indeed.. We haven't heard of any such layoffs.. Might one presume for those alleged ~100 that were let go out of the thousands we have, were let go because of other reasons including incompetency?

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Post ID: @4yja+Pv8xLJk

I was let go last week, but had already made mind up to leave anyway. No hard feelings, it's just business. New leadership is desperate for efficiency.

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Post ID: @3qla+Pv8xLJk

Lies

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Post ID: @1wuw+Pv8xLJk

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