But does anyone seriously want to stay at this company while it continues to tank? The leaders who are left standing are the ones who drove the company into the ground. #Exabeamlayoffs
Who?
CRO shares the blame for this mess. Time to bring in a new CRO.
Which organizations were impacted?
pretty much across the board.
20% laid off…glad you survived
Maybe you should go then? The rest of us are working on building something awesome. Take a look around the market… nothing but shit products. We have years of lessons learned culminating in a solid product that solves a problem the market needs to solve. If you’re not all in, GFYS. Respectfully.
A solid product has nothing to do with a shitty and toxic culture that fires valuable employee. Exabeam cares more about cost than culture, the firing shows all. It’s no diff from other company. stay on while looking for a better offer, this market is shit now. Consider yourself lucky.
My search has started - and so has everyone else's search who got an "I survived the Exabeam Layoff" sticker yesterday. No one wants to be here. Years of lessons learned building the product is exactly why the product is behind and the market has passed Exabeam by.
Now we have hired folks in technical positions who neither know Linux nor Cybersecurity
As far as I can tell, the layoffs avoided the heavy-hitters. All the critical people in Engineering, Product and Research are still here. Except for OP, somehow we missed him.
Exabeam seems to have a product that's not delivering as expected. Exabeam recent actions hint at a culture that values cost-cutting over fostering a positive work environment. This trend of prioritizing the bottom line over employee well-being isn't unique to them. Given the market's current state, one might consider staying onboard while exploring better prospects. However, those who have weathered the storm may soon seek calmer shores. The company's challenges are evident in its inability to scale effectively, delayed product launches, and slow engineering turnarounds. The recent leadership changes and the previous CEO's exit have raised eyebrows. Feedback from insiders points towards potential leadership issues, particularly with roles like the CDO, CPO and CHRO. The irony isn't lost that for a relatively small enterprise, bureaucracy and internal politics seem disproportionately pronounced.
The meeting to regroup the company was a joke. Under the why we did this - low growth, right sizing the organization, longer runway. No mention of crappy product that desperately needs to be fixed - and that's what got us into this mess. Or the CRO who can't manage his way out of a box and is now owning a huge team. Exabeam is in so much trouble.
Exabeam's pivot to cloud-native failed spectacularly. They had a high-margin on-premise business with a valid USP i.e. seat-based pricing - but they traded it all in to become an also-ran with basically negative margins while larger competitors whizzed past them in the ML/Analytics space.
Wtf is exabeam?
A failing cybersecurity company
A space weapon