I have 6 year of service and Viasat pays me 5 weeks pay at my current base salary rate. Is that reasonable? If I want to negotiate for higher package, who I should talk to?

... — read more 

Assuming they're over for now, expect another round of layoffs before the new fiscal year, April 2024. Viasat isn't going to be making money to support its employees for a long time after their failed satellite launch and abomination of an... — read more 

It's starting to look more and more like good old age discrimination from where I'm standing.

You should google Older Workers Benefit Protection Act. OWBPA includes The employer must not use undue pressure to get the worker to sign a waiver of the individual’s rights; The proposed waiver must be succinct, accurate, and reasonably... — read more 

Apply for an unemployment insurance claim ASAP, claims take 3 weeks to process and it's basically free money Don't listen to shills or trolls on here Keep your head up and do what you want elsewhere when you don't feel totally burned... — read more 

Dear Viasat colleagues, Although we never had the chance to bid farewell, I wanted to create this forum to express my gratitude. It has truly been a delight collaborating with each and every one of you, and I appreciate your unwavering support... — read more 

Viasat employs those slippery eels over at McKinsey for a few things, such as providing fluffed extrapolations as to business opportunity, to green light internal pet projects. And to chainsaw the org down nice and tidy to carve a path to positive... — read more 

Is Viasat's severance pay based on length of employment with the company? Like do you get 1 week of pay for every year of employment you worked at Viasat? 2 weeks of pay for every year? How many years did you work there and how many weeks of pay did... — read more 

As we all know, Viasat has recently undergone “significant organizational changes”. Understandably these changes are difficult for all stakeholders. However, I’m confident that Viasat will support our remaining team members during this difficult... — read more 

There’s an excel document that gets shared to P&C and Security and is updated in real time with the names of who is getting laid off. Everything gets deactivated immediately. If you got laid off and try to swipe your badge, there’s an ‘invalid badge’... — read more 

Today is difficult for all of us, and it can be challenging to move forward after such a significant change. However, with the established contracts that Viasat acquired from the Inmarsat acquisition, and when VS3 flight 2 is launched and bringing in... — read more 

It's easy to lash out and blame others for the layoffs today. I've even seen a non-sensical post about "wHy dOn'T tHeY lAyOfF mOrE sEcUrItY gUaRdS". Cognitive dissonance is a mind virus. The writing has been on the walls regarding RIF for months... — read more 

Wondering if the layoff, which chopped my neck, also thinned out any senior leaders? Like, anybody reporting to Guru, or any at a layer lower than that? Or is that the protected top layer?

For example, the recently posted VP Product role has a base salary of $400k plus target bonus and stock comp brining total comp to $1M plus (I know someone who was approached about the job). One can only hope this would be paid for by laying off 1-2... — read more 

Wondering what I’m walking into when I return from PTO

So frustrated with the decision making the higher ups make, like why cut devs and engineers that give the company revenue? Why not cut cost on the FSS side? Mainly the security and facilities folks? Like facilities NEVER fixes anything, they just do... — read more 

ChatGPT is going to replace so many tech jobs, and we've been flooded like the nursing industry decades ago. With the current government, economy/inflation, etc. The market is just going to get worse and worse. Talk about a real recession coming... — read more 

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? This company has the mentality of too big too... — read more 

90+ folks so far.

U.S. corporate culture says to do it around Halloween before Thanksgiving/Christmas/New Year. Paid too much for Inmarsat. Inmarsat acquisition created administrative redundancies. Space Junk #1 won’t bring in the revenue. Space Junk #2 a total loss... — read more 

https://advanced-television.com/2023/10/03/viasat-3-on-the-move/ Must be working enough to move it there.

Seems like the reorganization updates have gone silent in recent weeks. That combined with the stock etc is a bit ominous. Anyone hearing anything?

Layoffs should start at the top this time around. There are too many horrible people in charge who do not know what they are doing or just do nothing. The company needs a better marketing leader or this will continue until it sells.

The stock is under $20 now, has not been this low in about 20 years, how can any employees retire at this rate? And the bigger the stock drop, the bigger the inevitable layoff will be

From https://finance.yahoo.com/news/wall-street-banks-look-offload-130338758.html "They’re also trying to sell about $733 million of unsecured junk bonds maturing 2031 at a yield of 14% and a steep discounted price of about 70 cents on the dollar... — read more 

We need that info

In an department Q&A session, when asked about layoffs… COO said “maybe”…

Plenty of all hands happening. No sign of job closures apparently. So safe to say that we can focus on work now?

how long can they drag this out?

That’s the date that keeps coming up in all hands.

Post something if you get the scheduled P&C meeting or a sudden invite to huddle with your manager.

Layoffs should start at the top this time around. There are too many horrible people in charge who do not know what they are doing or just do nothing. The company needs a better marketing leader or this will continue until it sells. This would be... — read more 

I am a little surprised by those who say that they are not worried at all about whether they will be laid off or not. The reason is that I have been trying to find a new job for a very long time and I still haven't been able to get one. Do you... — read more 

Whats confidence like in GFB leadership at this point? AFAICT there has been no real success or even progress in many years- losing customers, limited international expansion, no product innovation, processes still a mess, etc…

Confirmed cuts coming before the end of the month; product teams / p & c / marketing and others