Tech IndustryApr 19, 2023
Applehoikjh

Cohesity layoffs

Have an offer for principal engineer but have been hearing rumors of impending layoffs in the company. Is this a bad time to join? TC 430k #cohesity

American Express tdif Apr 19, 2023

Yes

Cohesity itrf23 Apr 19, 2023

We have laid off 70 between dec to now. Maybe layoff season is over but who knows.

Rubrik dhziwpd Apr 19, 2023

join rubrik

Cohesity UMEP84 Apr 19, 2023

I think Rubrik, is the same.

Rubrik rbkh Apr 19, 2023

In what sense?

Cohesity wJBr58 Apr 20, 2023

Layoff may not be biggest problem to join here as people leave in trenches even in this market. Do read reviews on WLB , office politics etc before decide. Also principal engineers are rare breed so you are easily identifiable. May wanna omit details. And $430k if your new TC what was RSU valued ? TC seems low even for TD level.

Cohesity bBix05 Apr 22, 2023

Join and help make Cohesity better.

American Express tdif Apr 22, 2023

Yo you ceo?

Cohesity bBix05 Apr 22, 2023

Yes

Cohesity wageslaved Apr 26, 2023

There is a lot of work pressure. People have left/laid off and new people are not joining.

Apple hoikjh OP Apr 26, 2023

Are you at SJ?

Cohesity wageslaved Apr 27, 2023

India

Cohesity wJBr58 Apr 28, 2023

@op what stock price are you evaluating offer ? What FMV did HR mention ?

Cohesity wageslaved Apr 28, 2023

$30 per RSU. The funny thing is that they say it is at the lower end. I am pretty sure IF the cohesity ever goes for IPO then it will be close to $10-15.

Commvault Carlsen1 Jun 11, 2023

Did you join ?