& cplSiteName &

Pedestal Taken Down a Notch

Light Reading
News Analysis
Light Reading
11/30/2004

DSLAM equipment provider Pedestal Networks Inc. had a pre-Thanksgiving holiday surprise for some of its employees last week: layoffs.

Pedestal’s VP of marketing, Corey Geiger, confirms that some employees were let go, but he wouldn't comment on rumors that as many as half the employees were given their walking papers.

In January, Pedestal said its roster had grown to 57 people and the numbers were set to increase, thanks to the funding it received back then (see Headcount: Laying Off Layoffs). Geiger said the layoffs at the Fremont, Calif.-based company were meant to adjust the skill set within the company to match the areas where they have had success over the last year, primarily with the IOCs and national carriers.

“These changes didn’t measurably impact the groups where we have good traction,” Geiger says. “In 2004, Pedestal cast a wide net to cover everything from the very small to the very big, and we needed to reevaluate where we are going.”

He cited Pedestal’s recent completion of the Osmine process as one example of a skill set that no longer requires the same intensity at the company (see Pedestal Server's Ready for RBOC). “We simply shifted our resources to other areas,” he said. “It in no way compromises those areas of the company where we’re successful.” Demand for remote DSLAMs has been increasing among the RBOCs and Pedestal has been turning heads with the flexibility and simplicity of its products (see Verizon Wrangles Remote DSLAMs). In fact, Pedestal’s Universal Broadband Server 2 was picked as a finalist for Light Reading’s Leading Lights awards in the Best New Private Product category (see LR Produces Private Product Finalists).

Geiger says Pedestal has a positive outlook for 2005, noting that the company has recently landed some nice-sized customers, like Cincinnati Bell Inc. (NYSE: CBB). "Long term, we believe that this market is coming to us,” he says. “We made changes to ensure we’re in a position to take advantage of it.” — Chris Somerville, Senior Editor, NGS

(2)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
FTTHblog
FTTHblog
12/5/2012 | 1:02:01 AM
re: Pedestal Taken Down a Notch
Could this have anything to do with the shift in emphasis from DSL to FTTH? Please see link below:

http://www.dittberner.com/news...
rs50terra
rs50terra
12/5/2012 | 1:01:49 AM
re: Pedestal Taken Down a Notch
Isn't that nice?
People bust their rear end, complete their tasks, help the company move forward and, as a bonus, get laid off.
I am sure that if they were in executive positions and working for a large company they would have gotten a few millions as a golden parachute.
Featured Video
Upcoming Live Events
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events