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@Veritas how are you guys doing?

Hi.

@Veritas
Intel HM71166 Feb 7

Quite a few IT layoffs happened today.

CenturyLink CQXp87 Feb 7

And corporate marketing

New
YeYd43 Feb 8

Layoffs happened today?

Inspira Enterprise veer007 Feb 8

Any update on cohesity acquisition with veritas?

Veritas Uvia43 Feb 8

Thanks for asking. We are clueless so far.

Cohesity acquiredUs Feb 8

Why?

Veritas sshRF22 Feb 8

Got laid off! User Experience Research team got impacted

Veritas Uvia43 Feb 8

Sad to hear that.

Cohesity Spoonen Feb 9

That's terrible. What location?

Veritas wnw Feb 8

Still no clue on the impacts. Have to come to blind to get some idea on what's going on. OP, do you guys have any updates?

Cohesity curbsi OP Feb 8

The deal will take months to go through. It seems not much will change on our side until then. Not sure about Veritas. Sounds like some of you were laid off yesterday?

Veritas wnw Feb 8

Dunno who was laid off. It's not that transparent

Cohesity Coheritas Feb 9

Sorry to see folks got laid off. Did they offer you a decent severance or equity payout? Hopefully you guys are taken care of at least

Veritas vHelpless Feb 9

Layoff in US and UK happened this week it seems. Came to know through blind, no official anouncement yet. Seems severance is decent in US/UK. Layoff in China and India is expected soon.

Cohesity Coheritas Feb 9

Do you guys still have private equity or was that gone after the 1st acquisition with Symantec?

Veritas vHelpless Feb 10

We do have but with fixed cash value, Select few were offered.