Stock rising back to $113 on the news
Stock rising back to $113 on the news
We have indeed become a bloody more racist company especially in the last 2-3 years. No one can deny it. It’s pretty obvious in promotions and hiring patterns, especially in my group.
But the core issue of where we stand is simply leadership incompetency and the foolish bet on Workspace strategy failing . This product is not selling, sales is under tremendous pressure and now desperation is creeping in. Simply we are fckd big time.
Nobody is saying that everyone is racist, but we do have some managers / leaders in some organizations who are.
Secondly assuming everyone leaving Citrix were fired, consider why would some teams had 90% non whites ‘fired’ in a systematic way?
I do not know if people raising issues here were indeed fired or are at Citrix, which diversity group they belong to, but you do appear to be an active member of Karens Kens Klan who most likely is in the management position. Your message smells of arrogance, finger pointing and pre-conceived beliefs that 80% non whites who left were incompetent and hence fired. This is exactly the issue being discussed in this thread.
Citrix has definitely made major mistakes in their GTM strategy and hiring, but these cries of racism are hilarious. Seriously, Citrix actively hires non-white male candidates as a public-facing initiative. You were likely fired because you just suck at your job, just like all of the white people who were fired too.
Looks like the white boys club stirred a lot of mixed response.
The racism at Sh—itrix is blatant
This has not been my experience in general. I found most of my Citrix colleagues and managers to be nice regardless of their race / gender / beliefs. Though I also know few managers who don't prefer non whites in their teams. Some have been in the company for long enough and as a people manager (5+ years) and have hired many people in their teams, and surprisingly kept it consistent on race terms throughout. And so such odds do look improbable unless it's intentional.
It's not difficult for HR to get the hiring reports for all managers over the years and see anomaly if any, on hiring / leaving patterns.
The racism at Sh—itrix is blatant and the senior management is not afraid to show it. Only the whites and Kubans are allowed into senior management and make the real decisions that affect all the other races. They fire and replace at will the good non-white workers or anyone else that is a threat to their fiefdom. So many good non-whites , women and talented citrates have been passed or demoted to serve the whim of these racist lords. These racists need to be exposed and taken to task for all their evil deeds. The day of reckoning is coming .
Where is BLM when you need them.
The real story is the extremely poor leadership, the perpetual cycle of the “white” boys club cronyism, and the inability to release innovative products & solutions. Those are the company’s hallmarks.
Absolutely spot on regarding "white" boys club cronyism. Some leaders are openly targeting people of other races and replacing those positions with white a$$es. While it's important to have the right people for the right role, but no one here is d-mb, not to see the pattern on who is leaving vs who is joining. and why 90-95% of replacement unsurprisingly belong to a particular category of diversity.
It's also not difficult for HR to pull up the hiring reports for any VPs/Directors, and realize this. But either they are ignorant or have shut their eyes and ears off on diversity numbers. Citrix HR is only good at throwing wisdom on diversity on LinkedIn posts and marketing blogs, that seldom matches ground reality for many orgs and particularly in leadership positions. Can someone deny that there are not many 'Karens' and 'Kens' in Citrix leadership team?
Did not we just buy Wrike for >2B? Now there are talks of breaking up the company and selling?
The Wrike acquisition itself seemed so very expensive and unnecessary, but how on earth can leadership be so foolish and short sighted in their vision?
What will be split up? Netscaler? CVAD? ShareFile? Wrike? And what will happen to Workspace where we wasted 100s of millions a quarter for last 2-3 years.
If you really want to understand what’s happening at Citrix — pay attention to this thread. Forget the “culling” banter and all the hyperbole that you read about on this site. Sure, Citrix fires people and makes cuts — but that happens rather infrequently and has only been severe once in the last several years. The real story is the extremely poor leadership, the perpetual cycle of the “white” boys club cronyism, and the inability to release innovative products & solutions. Those are the company’s hallmarks. And everyone commenting here is 100% correct — it could have been completely different had someone tapped into the talent and enthusiasm of the employees actually designing and building the solutions. Instead, a lot of old, white men got rich off their massive stock awards. The reality of selling this company seems brutal for me and my fellow employees that have poured themselves into trying to help leadership understand how to steer away from the iceberg. $13B is a price tag that deters more deals than it attracts, and breaking up the company seems like a much more viable path to a final sale. Employees have already started fleeing in droves before this announcement — so the next 12 months should see a massive exodus of Citrites. Good luck to all.
Mark Templeton must be sick watching what Citrix has become. Citrix is a company that should be overflowing with cash instead because everyone is working from home but instead they are having poor results and looking for someone to buy them. I am so glad I left. Talk about a company that has continued to fail.
JFC things have never changed... IMHO this entire company is a pump and dump mechanism benefitting people like that knuckle dragging chairman of the board. He's made about $29 MILLION on Citrix stock and, for doing what exactly?
I knew this day would come when some program managers, disguised as VPs Engineering/Product at Citrix, enforced SAFe with great fanfare.
The way SAFe was followed at Citrix, it ki---d all agility, favored heavy processes over real actions, consensus over healthy debates , top down dictation over bottom up innovation.
And oh, not to forget the cost of doing the PI planning with millions of hours wasted, only on setting low bar goals that could make the leaders meet self fulfilling prophecy.
Only if innovation and invention are done by adopting d-mb processes, all 3rd tier companies would have been Googles and Amazons of the world by now.
And fire 90% of the bloated incompetent management of EVPs, XVPs, GVPs, AVPs, RVPs, and pick any alphabet XVP.
Fu—k-ing clown car bozos could not even make the company successful during the pandemic when all the other peer companies soared through the stratosphere.
Incompetent fu ckers
Not surprised. Citrix proved it can’t be successful in a pandemic. Time to sell the company. Citrix doesn’t buy good companies. Time for someone to buy them.