Topics regarding layoffs at Citrix Systems Inc.

Topics regarding layoffs at Citrix Systems Inc.

Here you go TK Data Data Data, read this https://www.mckinsey.com/featured-insights/future-of-work/whats-next-for-remote-work-an-analysis-of-200

As this article outlines and is a systematic study done by McKinsey whose consultants these companies hire, IT can work remotely with 0 productivity loss for the most part. This whole nonsense about being data driven is horse manure at best ! T... — read more 

Fu-k you Tom!!

It's that simple. Do you have at least basic level integrity? Then why won't you do the same!? It's not worth the money..

Patronizing 101

As others have said, “I’m doing this for your own good” is insanely patronizing. As someone who currently basically works all hours to support teams in multiple time zones, I will be LESS productive if I am having to put in a commute, and end my day... — read more 

CRN lays out leadership

https://www.crn.com/news/cloud/citrix-tibco-leadership-post-merger-who-stays-who-goes-/1

Why no shareholder lawsuit?

Citrix bought Wrike from Vista for 2.5B. Wrike had negligible revenue. Citrix ELT tanks stock - No one believes 2021 was an accident. Vista uses 2.5B in cash and Tibco Equity to bankroll 16B in debt for CTXS acquisition. Citrix ELT parachutes out... — read more 

No regard for employees' health

Despite the risk of long covid, new co. ELT encouraging attendance of the GEM at an on-site watch room. At FTL at least, that's hundreds of people packed together, sitting shoulder-to-shoulder. I, of course, will not attend that way (I'll use the... — read more 

For those that left…

Was anyone overpaid in their 401ks by Citrix? I was overpaid by $805 and they sent a letter to transfer it back to them using a fidelity address With all of the turmoil going on, I’m thinking of just ignoring it and see if they just send me a 1099... — read more 

GEM

Is everyone ready to be slightly pacified but mostly disappointed? I’m going into this thing with low expectations- expecting to get a few answers, but not as many as I’d like. I’m one of the ones who found myself yesterday without a team or leader... — read more 

There were layoffs yesterday

They were much smaller than we expected but we do know at least some people were affected. My biggest fear is that this will continue for weeks or even months - small cuts each day. Small enough that few people would even notice it happened but... — read more 

How is unused PTO paid

I'm going ahead an accepting a new position outside of Citrix. What happens to my unused PTO days? I've been looking on Workday and Backstage and cannot find the policy that explains it. I'm wondering if they pay it all out, a portion of it, or none... — read more 

RTO…no thank you?

Ultimately I decided not to RTO. And no one bothered me or questioned me. A few colleagues have told me that attendance in Raleigh and Fort Lauderdale was light today. Did enough people finally say no thank you to the RTO chaos?

Email from HR about PTO & Severance

Did everyone get an email from HR telling them to take all remaining PTO days by end of year? Hoping that wasn't just my team.. Also, I've been a remote employee and now live in a state without an office nearby. I know that they are reevaluating... — read more 

Since I've seen this question several times already

Why do yall people do them favors by quitting early I don't get it. Some of us want to leave on our terms and with our dignity intact. I don't want to wait out a severance that might not even happen in the end. I don't want to be out of a job while... — read more 

I'm glad it's happening

Enough with the waiting, enough with the anticipation, and enough with not knowing. I am glad that we'll finally learn where we stand and hopefully be able to move on whatever happens. Having to stress and worry every single day is worse for our... — read more 

Here come the 1000+ layoffs tomorrow

It’s here, finally it’s done, the fat lady is singing, the chairs are on the table, the lights are turned off, closing time is here for the lucky 1000 few selected to be layedoff. And not a moment too soon…finally it’s over.

It's not up to Citrix ELT anymore

Citrix management is no longer in charge. It is the PE now. I don't think this is about dragging out anything. It is a new very brutal regime and the goal is to extract as much money as possible from the business. People need to be aware of this... — read more 

Is the sale closed?

https://seekingalpha.com/news/3885236-citrix-systems-planned-sale-to-elliott-vista-set-to-close-next-friday Is is completed?

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| 1280 views | | 1 reply (October 1, 2022)
Post ID: @OP+1iZ0iWW1

They do everything to save a bit on severance

The last few months have been especially unbearable to work here. But why? Because they intentionally put us under increasing pressure, they micromanage us more than ever - all with the aim of making us leave voluntarily. It's disgusting. Although... — read more 

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| 2200 views | | 5 replies (last October 2, 2022)
Post ID: @OP+1iYrPVVp

We cant use Wrike anymore …

Wow, they really must’ve had a team of solid negotiators on this deal. We buy a company for $2.4 billion and then the company we bought it from gets it back and then cancels our entitlements. What a joke!

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| 2030 views | | 6 replies (last October 3, 2022)
Post ID: @OP+1iYqTfOm

Last one out please turn off the lights

I regret that so many of my friends and associates have been forced out or laid-off especially older highly experienced personnel. DH always said that Citrix was Citrix because of who it employed and the values that it upheld. As we've witnessed the... — read more 

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| 1642 views | | no replies yet
Post ID: @OP+1iYVLK4M

Last one out please turn off the lights

I regret that so many of my friends and associates have been forced out or laid-off especially older highly experienced personnel. DH always said that Citrix was Citrix because of who it employed and the values that it upheld. As we've witnessed the... — read more 

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| 1320 views | | 3 replies (last February 3, 2023)
Post ID: @OP+1iYu7DJQ

So what happens to Citrix shares that we own?

I had accumulated some shares via RSU and ESPP that I had not sold. They are still sitting in Fidelity. Has Citrix shared what happens to these? Are they automatically sold and we get the cash, or do we need to sell them today?

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| 2050 views | | 7 replies (last October 3, 2022)
Post ID: @OP+1iYgDDZ9

Getting Laid Off > Better Than Staying at Citrix

Pretty sure that if I was still at Citrix, getting laid off right now would be 100x better than staying on board a sinking ship. All evidence shows that the environment there is completely toxic and morale is in the cr----r. Get laid off, collect... — read more 

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| 1300 views | | 1 reply (September 30, 2022)
Post ID: @OP+1iYANJpv

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