Emulex Corp. Layoffs

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Topics regarding layoffs at Emulex Corp.

How to destroy a company by Jeff Benck

Sell for $8, after Broadcom years prior offered $9.25 and then $11.00. In May 2015, tell the 1,200 employees this is great deal for everyone, then leave with $5 million. Benck now CEO of penny stock Lantronix. 600+ employees fired. But he has his... read more
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1111 views | 2 replies (last )

What's left of the old Emulex?

Has a semblance of the of the 1000+ headcount pre-acquisition stayed intact? Any of the facilities still open? For sale signs on the Costa Mesa HQ campus?
by | Post ID:
1636 views | 5 replies (last )

How to kill a company....

Business schools will soon case-study how a company with bright engineers were run to the ground by management of yes-men with subpar technical and no market awareness. Intellectual property left in the hand of remaining management is like handing... read more
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996 views | 2 replies (last )

Cleanup unfinished

Several positions in Costa were offered to appease some execs. Will be cleaned up when the execs themselves are chucked.
by | Post ID:
731 views | 3 replies (last )

Bye-Bye Uncle Jeff

Maybe Benck can find another company he can run into the ground and then sale it off at a discount then let it get Hock'd. Or, perhaps join Carly on the campaign trail. They seem to be a match made in Tech Hell. Hopefully Uncle Jeff chokes on his... read more
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902 views | 2 replies (last )

Vaya con Dios.

We've reached the end of this road. It's time to choose another.
by | Post ID:
650 views | 4 replies (last )

It's confirmed .60% cut. Brace for impact..

Its confirmed . 60% layoff. CM to be most affected. Roseville will see some disappointments too. SJ and Austin will be 'almost' intact. Note : 'Almost' Any wise person who is low in food chain would start looking for a new job by now.
by | Post ID:
654 views | 2 replies (last )

Activist Hedge Funds to the rescue

McClowny ran the company poorly. Activist hedge funds took control, forced CEO and board change. Company thought it was clever by enacting poison pill, but hedgies easily maneuvered themselves on the board. Emulex was paraded for sale (hence quick... read more
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443 views | no replies

Endace was a failed gamble by execs...

Execs dumped a ton of money in Endace to make elx less attractive to head off institutional shareholder takeover. Shareholders outflanked execs and caught them with their pants down. Layoffs are the result. Enjoy.
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509 views | no replies

More detail

Does anyone have more detail about 100 people let go this month?
by | Post ID:
476 views | no replies

Endace

Endace will solve all of our problems, - do not worry New Guy
by | Post ID:
607 views | no replies

Safe in Kiwi land

Well, it seems the only safe bet in Emulex now is with Endace. They get their merit increase and were exempt from cuts and are expanding. Plus, it seems they are driving the direction of the company to focus more in the NIC space. Sounding more and... read more
by | Post ID:
490 views | no replies

new guy

new guy, Emulex used to have a booming business with revenue growing at a very fast rate, those were to good ol' days, those days are gone. the co has not invested in the future, what is ELX going to do as FC is maturing and getting replaced? more... read more
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603 views | no replies

new guy

hello - i am fairly new to emulex, i see all the post stating how things got worse than it was before. i cannot complain as i just started but can you shed some light on the good things that we had that are lost. i guess i am trying to figure out... read more
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557 views | no replies

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