Layoffs at Troubled Arcules
Sources have confirmed to IPVM multiple executive-level layoffs earlier this week at Arcules, the troubled Canon-backed Milestone spinout.
In this report, IPVM examines Arcules' background, the staff reductions, as well as what the move may mean for the company's future direction.
See previous IPVM Arcules coverage:
- 2017: Milestone / Canon Announces Cloud Spinoff Arcus Global, Now Arcules
- 2019: Struggling Arcules Changes Chief Revenue Officer
- 2019: Turnover at Arcules
- 2021: Arcules Favorability Statistics
- 2022: Arcules Carries On Without CRO [New CRO]
- 2022: Axis, Milestone, Arcules In "Forbes Councils"
- 2022: Top Alternatives to Milestone
**********
******, **-***** ******* *** **** *** of ********* ** ***-****. ****** ** Canon, *** **** *** *** ******* to ** * ***** ***** ********, like ********* ** ***.
** *** **** ** *** *******, the ******* **** **** **** "********** adding **** *** ********* ** *** next *** *****." *******, ******* *** struggled *****, *********** ******** ** ********** ****** *** firm, ************ ** *****/*********.
Staff **********
******** *******, *** ********* *** ** be ***** ******* ** ******** ***** employment/severance, **** ********* ******* ** ******* to ****, ********* ** ***** *** Regional ***** ********, *** **** *********, and *** ********.
*******' *** ******* **************** **** ******* ** ********** *******, ********* ** * ******** "evolution":
**** ***** *** ******* ********** ******** layoffs **** *** *******. ** **** of ***********,******** ****** ** *********** *** *******.
Sales/Marketing ** ********
**** ******** **************, *****, ********* ** IPVM *******, ******** ************* ******** ***** Manager ****** *** ********* **** ******* Managers, ** ***** ** ********** ** erratic *****/********* *********.
*** *******, ** ****,**** **% ** *********** ** ******** even *** ** ******* ***** *** company,*** ***** **** *** **** ****** evenly ***** ******* ******** *** ********. In *** ****, ** ****** ************ ** *********,******* *** ****** ********* ** ***********.
** **** ****, **** ********* *** 50+ ** *** ***** **************** ******* ****** ** *** ****** database. ** ********** **** **** '********' were *** ***** **** **** **** listed ** ******* ** ******** *** said **** **** *** ******** ******* Arcules.
Constant *******
*** *******/************** *** *** ****** ** major ******* *** *** *******. ******* turnover ** ******* ************ **********,*** *** *******, ** **** ****. Late **** ****, *** ****** ****** sales **** **** *** ***** **** the **** ** ********** *** ********* and ********** ***** ******** ***** *******.
***** ********** ************* ******,*** *** *** ** **** **** 2 ***** ** ******** ** *****, and ******* ********-***** ***** *** ********* executives.
** ******* ****,******* ******* ** * *** ***, replacing**** ************** ************* ***** *** ** *** *** for **** *** ****. ******** ******** this ****, *** ** *** ****, Arcules ********** *******, *** *** ** ***** ************ experience, ** *** ****** ***.
Milestone ************
******* *** ********* **** ******* ***** competitive *********. ******* *** *********, ***** Milestone ** ************ ******** ** ******* competitor,******* ******* *********.
**** ****, ********* ********* ******** ***** VMS, ** "*** *****, *** ********* solution," ** ********* ************ ******* *********** *** ******** ** AWS.
Arcules: ** ********
******** ******* ********* ********* ** *** press ******* ******* ***** *******, **** IPVM ******* **** ******** ********* ***** the ***** **********, ** ******** ** response.
* ******* *** ******* **** *******' PR ************** **** ******** ** *****.
*******
******* *** **** *********** *** **** than **** ***** *** *** *** struggled ** ***** *** ******** ***** its ***********, ********* ***, ***** ***, Rhombus, *** ******* (** **** ** Milestone), ********** ***** ***** *********.
* ***** ** **** ** * sales ***** ***** ** * **** thing, ** *******' ***** ******* **** in * ***** ** ********. *******, it ******* ** ** **** **** affect ***** ***** **** ****, ** nothing ******* *** **** **** *** shows ** *** *** ********* ** be * ***** ******** **********.
** ***’** **** **** ******/*******, ** architect, *** *** ******** ************. * admire *** **** *****.
***, *** **** ******.
***** **** ****** **** **** * bunch ** * **** ****, ****'** work *** ********.
"******* ** ** ****, * *** Can ** **" ***********, *** *** They *********** ****?
******* *** **** * ******** ***** *** ******:
**'* **** *** *** **** * years *** *** **'* **** ******** outcompeted ** ***** *** *** *******, among ******, ******* ******* ******* **** start **** *****/*********. ******* ** ** worried * *** **** ***** ************* and ****** ******'* ********, ******* ***** be ****** ***.
*** **** ******* ** *** ******* he ***? * **** *** ***** “CEO” ****** **** *** ***** ***, but ****** *** ********* ***** **** decisions.
** ******* ***** ** ** **** had ****** ** **** *** ******* approach *********** ***** *** **** *** and ***** * ************* ***** ** a ******* ** ** ** ** direct ** *** *** ****. ***** he **** **** **** ********?
**** ******** ** ********* * **** similar ***********, *** ***** * ****** person *** **** *********.
* ***'* ******* ** *** ********* change *** ******** *** ** ****** certainly *** ***** ******* **** ********** as, ** *** ********* ******** ** Canon *** *** *********, ***** **** not ***** ******* *********** *********.
**'** **** ******** ******* ***** *** beginning (*.*.******* ****** - *** ****). *******'* ****-***** ******** - ** open ******** ***** ***** ******** - is **** *** *** ********** *** been *** - *** ***** *** and *** *** *** *** **** 4+ *****. ****** **** *** **** this **** *** **** ***** ** playing *** (********* ************ ********* *******) rather **** ***** ** ********* ***.
*******, ********** **** ***** **** *** stay ** ** *** ** ***** fault, ****** **** ***.
*******, ********** **** ***** **** *** stay ** ** *** ** ***** fault, ****** **** ***.
**** ***** **** ** ** *****. He ***** ********* **** **** ******, if ******* *** ******** ** ** so.
* **** *** *** ******* *** recently ****** **** **** * ****** and ******** ******** ***** ******** ** join ****.
** ***** ********* **** **** ******
** *** * *** ***** *** own *******. ******* ** ** ***** exactly **** *********** ***** *** *** under, *** * ********** **** *** and *** ********** **** ******** ***** over *** ***** *** **** ****** to **** **** ***** ********* ** deal **** ****** **********, *.*.,******* *** ********* **** "******** ******".
"*** ***** **** *** ******** *** rainbows. **'* * **** **** *** nasty *****, *** * ***'* **** how ***** *** ***, ** **** beat *** ** **** ***** *** keep *** ***** *********** ** *** let **!"
"***, ** ********- ** ***** *** ** **** as ****."
"*** ** **** ***** *** **** you're ***, **'* ***** *** **** you *** *** *** - *** keep ****** ******* - *** **** you *** **** - *** **** moving *******. "
"****'* *** ******* ** ****!"
"*** ** *** **** **** ***'** worth **** ** *** *** *** what ***'** *****! *** *** ***** be ******* ** **** *** **** - *** *** ******** ******* ****** you **** ***** *** ***** ** because ** ***, ** *** *********!"
"******* ** **** *** **** **** you! ***'** ****** **** ****!"
- ****** ******* **********
******* *** *********** **-*********** ************ **** * ****** ***:
****'* ** ******* ** **** *** whole "****** *********" *** ***** ********* Arcules ** *****. **** ** * nothingburger. ** ******, ******* ***** ** going ** ******* ******* ** *** owner's **** ******. *** ***** ** not * **** ****** *** **'* not ***** ** ************* ****** *******' issues.
******* ***** ** *********** ***** ****. They ***'* ***** *** ***** ********* so **** ****** *********/************. *** **** arise *** ** *** *******'* ** to *** **** ******** *****? *******? Arcules? (**** ** * ******** *** if *** *** ******* ***** */*******, you *** *** ** **** ********...) Will ***** ** * ***** ****** that ** ***** ****** ******** *** is ********** ****** ** **** *** dollars **** ***** ******* **** *******? Time **** ****...
-*** ********