Layoffs coming September 4, 2019 Reliable sources quoted that the company will announce a round of layoffs and displacements beginning September 4, 2019. Some employees have already been given options to accept severance packages prior to the pending... — read more
Topics regarding layoffs at Citrix Systems Inc.
So there is no doubt a massive layoff is coming in September but there might be a massive layoff in mid August . The subscription revenue is not looking good so there is serious planning going on in inhumane-hr about some 1000 people layoffs in... — read more
Received a text from my friend that she was layedoff this morning upon arrival at the FL office. She said they were hitting the director level today with more lay-offs coming
And if the answer is yes, any ideas on what locations will be hit?
This forum has become a joke
Apparently Stan is not at Citrix anymore. I haven't confirmed if it happened today or yesterday. I guess he took the fall (rightfully so, due to his position) for the hack that occurred. Grant, I am sure he was given several million, so he will be... — read more
Layoffs can’t be far behind after the disappointing quarter God help us all https://www.marketwatch.com/story/citrix-stock-drops-as-earnings-outlook-disappoint-2019-07-24
We are nearing the 1 year anniversary of the great betrayal of Citrix ELT, remember when DH proclaimed there would be no layoffs in August and then promptly did the October layoff. How can we trust ELT anymore? They are probably planning the next... — read more
A few days ago, Citrix laid off what was left of the Order Management department in Switzerland. Several months before, Citrix laid off the remaining people from Finance at the Schaffhausen office. The Schaffhausen office has gone from being a... — read more
Any word what this could be?
So I was given an offer at Citrix but am hesitant to accept as the manager was frankly a mo–n and I don’t want to get into a clown circus like my last job. So how would you all describe the quality of management at Citrix. I need some input to... — read more
Lay-offs are inevitable with the stock in freefall with no support level in sight.
VP Body language is not looking hopeful.
Sanjit Singh – Morgan Stanley – Analyst Hi. This is Sanjit Singh in for Keith Weiss. Thank you for taking the questions. Maybe to start off in terms of managing, let's say, Phase 2 of the transition. From an operating margin perspective, is the... — read more
The end is near
Did anyone else receive a letter saying that each of your family member data had been stolen. That with a equifax (ya right the credit monitoring company that was hacked and paying a $700 million fine) code. Fire the people that allowed all the... — read more
Majority of people seem to hate working here, and yet most stay. Not just stay, but fear being laid off - when that could be a perfect opportunity to leave with a nice safety net. Why is that? What makes you stay in a work environment that obviously... — read more
I heard there were multiple layoffs today in Fort Lauderdale office. What’s the severance package like?
You know while strolling thru Sears, I looked at my Blackberry using AOL, and wondered why my picture that I took on my polaroid, couldn’t be posted to Yahoo. Your are right, Citrix will always be there.
You heard it here first. The company is in the final stages of being acquired by the equity company focused in mid sized technology orgs. They usually layoff 50% of the staff after an acquisition. Check there previous connectwise acquisitions for... — read more
Hands up if you work at CItrix and report to a manager that does - absolutely - NOTHING. These managers usually have small teams, not much credibility, practically no experience. They are frantic, chaotic, needy, and spend most of their days in Lala... — read more
Where have all the people gone ??? https://www.theregister.co.uk/2019/03/29/citrix_layoff_claims_revenues/ — read more
Huge layoffs coming in preparation for the company sale. Let’s hope number 15 is the first to get axed.
Wall Street has said the company has too many people for the revenue it generates and must go through massive culling for it to be sold off. So waves and waves of culling layoffs will happen this year in preparation for the sale by year end. Good... — read more
The stock price is dropping faster than a stone. Layoffs are going to be coming soon.
There has been significant chatter on the dark web about several critical netscaler vulnerabilities discovered recently. Does not surprise since hackers already stole 6TB of Citrix internal data. Wonder if anybody will be held accountable this time. — read more
Let's hope they get out and take Henshall with him.
What does that mean? Investors are warning to dump the stock.
I just started at Citrix and everyone is so mean and cut throat. I am asked to follow this 5 stage process for our dept which is totally lame and not industry standard. Is Citrix usually this formal? The department I work in is in complete chaos and... — read more
Has anyone heard anything about this? Someone told me Citrix contracted with GS in December again to find a possible suitor to acquire part of the company and then Citrix is seeking to dissolved the non revenue generating applications in a... — read more
It's been a few days since layoffs, what do you think now?
Closing additional offices is just a stealth way of getting rid of more people and trying to dodge severance costs. Basically, close an office and tell people they can move to different office to keep there job and watch how many don't and quit on... — read more
What do you think, how likely is that we'll be acquired within next 36 months? Very likely? Possible? I think Citrix is running out of options and it's increasingly harder to fight the fight alone. Thoughts?
http://www.bizjournals.com/triangle/blog/techflash/2015/04/ceo-citrix-underestimated-the-impact-of-layoff.html Citrix (Nasdaq: CTXS) CEO Mark Templeton says the company “underestimated the impact” of its recent restructuring plan – a layoff round... — read more
Citrix SaaS is not hitting it's numbers so they are placing good people on performance improvement plans to dodge severance costs and to make the environment toxic. Any thoughts?
Okay so did they delayer at all? Or was it just more buzzwords to try convince the investors that Citrix is actually doing something and has a vision? Over in Services, I mean "Sales" and Services it used to be like three hops to from an employee to... — read more
The folks who destroyed the company now jumping ship... In a statement, CEO Mark Templeton said the company was disappointed with the results and underestimated the affect that the its recent restructuring would have on sales. Read more here:... — read more