The stock has severely underperformed in the market and is embarrassing compared to the peers like VMware and others. Layoffs are the only way to solve the disaster since the billion dollar buyback is not keeping the stock afloat. Get ready to be... — read more
Topics regarding layoffs at Citrix Systems Inc.
I heard there might be more cuts across the board before the end of the month, is this true? I would dismiss it as a rumor but I've heard it from more than one person and that has me worried. If anybody knows what's going on, please share. It'd be... — read more
I’ve been here over 3 years and I’m not seeing any mobility in my career and I’ve been debating on leaving. I could name so many things that I find wrong with the company as a whole. I’m sure that others can as well. But what I’m really interested in... — read more
Has it ever been worse? It is impossible to expect better morale when things are getting worse and worse here every day. The rumors about additional cuts do not surprise me at all and it is quite certain that they will come true, because the... — read more
More than a rumor. Execs are solving their low bonus problem by getting rid of more employees...
For years I didn’t understand the way Citrix gives RSU. RSUs are given to those seen as essential employees but flight risks. Or those that are a really good value (underpaid) and flight risk. I believe.. Still, it seems to me that this is... — read more
I’m hearing there are cutbacks in RSU grants. Anyone seeing this?
I don’t know if it’s funny or tragic when they explain that we’re overstaffed. Really? Oh, give me a break. I don’t know how they figured out that we are overstaffed. I never did more work. According to some free estimate (which is certainly more... — read more
I really don’t know anyone who works here just because they love working here. Maybe you do? This place has become a joke. Unnecessary stress was an integral part of the job even when I first got hired, but in the meantime it’s grown astronomical... — read more
Received my Citrix Class Action Settlement... Thank you SN BK... Former CSO, CISO, or whatever the hll you called yourself. back in 2018 I vividly remember the rumors floating around the 4th floor where internal audit was wanting to use... — read more
44%??? This is the layoff for Citrix 2021! A record year of sales and we only get 1.44%!?!? They want us to quit so they don't have to pay out severance packages and unemployment!
Looks like Wall Street has spoken the acquisition of wrike was a bad idea and the stock is collapsing as a result while all the peers are up 30%. Oh well another failed acquisition and plenty of layoff coming in 2021, but executive bonuses will... — read more
Somehow it seems to me that Vista has been holding onto its companies for more than three years. I don’t know if they ever flipped a company in less time, but now they've sold Wrike to us for three times more money than they paid for it. I doubt it's... — read more
I understand that no company will go public by first announcing how bad the situation is in the company, but I think Citrix is at the forefront of lack of transparency. Isn’t that so? In the media, everything is smoke and mirrors. Also, if I had had... — read more
The execs have been working hard over the holidays and have prepared the culling list for 2021. If only they worked so diligently when it came to making quality software and respecting employees. They are planning to stagger the cullings over... — read more
I've been gone for two years and when I left things were really bad. Employee morale was hitting a new low, which was one of the reasons why I decided to throw in the towel and find new employment. It's been a while since then so I'm hoping things... — read more
Do you predict that there will be Citrix Systems Layoffs 2021? Any news or rumors?
The senior execs are upset the CTXS stock price has dropped to the exact spot from a year ago while the rest of the peer market has risen 70%. This has severely negatively affected their bonuses and they are not happy. The only way to get back the... — read more
I decided to leave a few months ago and started sending out my resumes for various positions in different companies. And yes, I managed to land a few interviews but I am yet to see an offer from any of them. There are so many people applying for... — read more
You would think a company like Citrix would be having exponential growth in times of Covid. How is Citrix doing layoffs and cutting costs? I also noticed that a lot of people are leaving Citrix. Aren't the reps blowing their quota out of the water?... — read more
Honestly, I don't like it. What do you think?
I heard rumors about starting to require return to offices (headquarters) in January. Can anybody confirm?
Can anyone deny?
I heard there were layoffs in alliances. I bet this is only the start.
I heard they did some changes to the sales comp accelerators lately, not everyone received the change, only the ones with quota above 2.5M. They raised the premium accelerators threshold to 5M quota from 2.5M. It is hard to believe they did this... — read more
Looks like (2) big execs left Citrix last week. Thomas Eacobacci, SVP Sales and Christian Reiley, CTO. Sounds like Thomas was there for 20 years and Christian for 5 years. Does anyone know who replaced them or was this a push to remove them? ... — read more
been hearing rumors that Citrix is interested in rehiring those of us who were laid off, including from information security? any chance at getting my old job back?
Lattice Security "Chief Security and Intelligence Officer"... what in the world is this supposed to mean? "OSINT and HUMINT information gather, management and counter measures"
I am about to sign a network sales position offer, what is the OTE for that position? They are offering $150k total comp(50/50). Is this good for the mid west?
I am at the final stages of interview and waiting for the final offer as Senior Sales engineer, of course COVID019 delayed the process so long. Before, I say yes, I want know if am getting fair package. I want to know what is the compensation... — read more
Executives have decided the loss of revenue due to COVID-19 will impact revenues and their bonuses so a lay-off list has been prepared. They will decide in the next two weeks if the May layoff will occur to keep their healthy bonuses . These execs... — read more
RALEIGH – The economic impact of the coronavirus could be tremendous with millions of jobs lost, according to a new report. And North Carolina won’t escape the cuts. Aa NC State economist predicts “five digit” losses in North Carolina where nearly 5... — read more
The covid-19 will reduce revenue so there will be a culling soon to keep executives bonuses at previous levels. Hope you are all praising the shirtrix way....
Where will this take us?
https://krebsonsecurity.com/2020/02/hackers-were-inside-citrix-for-five-months/ Networking software giant Citrix Systems says malicious hackers were inside its networks for five months between 2018 and 2019, making off with personal and... — read more
Reading glassdoor comments and I am very concerned. I would have asked this question there but they do not offer that option. Your reddit page is mostly about tech issues. Thanks!
This is what incompetent executives do when they can't innovate and their stock falls. Stock buybacks do not return money to investors. Dividends return money to investors. Stock buybacks reduce dilution from stock grants to executives. Stock... — read more
I am telling you the date. List ready !!
There was a recent major vulnerability with ADC that has been handled HORRIBLY! It is a cluster fck that has occurred. There are many reasons for this, but the foremost is the CEO David is a financial guy who only really knows financials and the... — read more