An email just came out announcing that the deal is complete. Looks like nothing is going to happen until Tuesday when the GEM will be hosted and the CEO will inform about changes on the direct reports to the ELT. ELT organization and strategy will be... — read more 

https://www.businesswire.com/news/home/20220929005993/en/Vista-Equity-Partners-and-Evergreen-Coast-Capital-Announce-the-Completion-of-the-Transaction-to-Acquire-Citrix-Systems-and-Combine-It-with-TIBCO-Software

https://www.sec.gov/Archives/edgar/data/1354457/000135445722000553/xslF25X02/primary_doc.xml

As a reminder, make sure you’ve gotten any personal data off your computer. As other threads have said, if you get a notice, you will not have long so don’t get caught off guard - Good luck everyone!

The atmosphere here has become so terrible that despite the inflation and the fact that I still haven't received any new offer and don't have any significant savings - I want out! At some point you realize that Citrix is a place from which you... — read more 

At this time anyone within Citrix especially in high cost locations in the western hemisphere should be very worried. Based on the track record of Vista, they will move everything as much possible and your job will be bangalored. If you dont believe... — read more 

I know for a fact layoffs are beginning tonight. Most will be Friday and Monday. However the GEM is the your safe for round 1. Good luck all!

https://prospect.org/power/griftrix-citrix-systems-debt-deal-private-equity/

I heard FTL and Alpharetta got emails at around 5pm that Monday is a mandatory office day. Nothing from Raleigh yet. I think we know our sl------r date now.

As strange as it sounds, I sometimes get the feeling that the management has long been working on lowering employee morale. Why? I do not know. Maybe so that as many of us as possible leave the company without severance. Whatever the state of the... — read more 

Former employee here. I have been reading the news through this website. I was wonderings, who are the new ELT members? who is running the company now?

I was a solid 9 before, now I'm barely a 3. The toxicity and perpetual uncertainty have totally destroyed me.

Once the useless RTO is in full swing, I'll be stressed about getting covid all day, wearing a mask for hours, avoiding meetings and impromptu gatherings (since that's where the virus will more likely spread). Way to go, TK and new ELT. Keep finding... — read more 

Even if it doesn't make sense to us. The longer this lasts the more people will quit. That leaves fewer people to lay off and fewer severances to pay out. They don't care what the wait is doing to us, they are counting on it being too much for some... — read more 

It can never be repeated enough times::: often it happens that the person who receives the notice that they are laid off is not ready and ends up in a situation where they do not have enough time to gather their personal belongings. Don't allow... — read more 

I little bird has whispered in my ear the CTO CR is out.

Would you accept a job at Citrix right now given all the uncertainty and the ongoing PE play that's never a happy story. Let's say the pay is really good.

Or who knows how long.

Thoughts on if the most recent Covid booster is mandatory for RTO?. The RTO email we got was very broad and not sure if it will be used against employees as extra leverage. Debating if I should rush to get the most recent booster before RTO ... — read more 

Just curious, are there any cases that severance could be denied? In the system (today) I'm a remote employee. I don't live anywhere near a Citrix or Tibco office. If I don't go back on October 1, do you think there is any risk of severance being... — read more 

What's the worst thing that can happen if you're laid off? You are forced to find a new job (while you are given some money to make the transition easier) that is guaranteed to turn out to be better than what you have right now in this joke of a... — read more 

Some say this week. Some say next week.

I don't know anything, other than the certainty of pending layoffs and positions being eliminated. I don't like the uncertainty of the wait and see but I think I have a running theory on timing. I went back to read through the Tom K next steps and... — read more 

There are a whole bunch of us who want to be escorted out with a nice safety net and our numbers are growing. I have a feeling that once the major layoffs are done, a lot of us are going to quit if we're not affected even without severance. Nobody... — read more 

I'd estimate over the last 5 years I check this site at least daily, and at times like this easily 5 times a day. I also talk endlessly with my colleagues about whether we'll be sacked or not, when we'll be sacked, who should be sacked, what might... — read more 

Banks close painful Citrix debt chapter with $700 mln loss -source... Wall Street banks completed the sale of $8.55 billion in loans and bonds backing the leveraged buyout of business software company Citrix Systems Inc (CTXS.O) by accepting a $700... — read more 

I know this is unlikely but getting rid of all the sycophants would be the best possible move. It's an easy way to cut costs through layoffs without losing anything of value. I don't know one who is a hard worker and actually contributes something... — read more 

What Are your thoughts - Are Older Workers (40 and over) Being Forced Out By Citrix Management And Replaced By Younger Lower Paid Employees? Is age discrimination becoming a commonplace for older Citrix employees. Discriminatory policies has... — read more 

I don't plan to wait for severance pay. I will accept the first solid offer considering the state of the job market. Cuts are very likely though don't take my word for it. It's just my opinion. I think it's just a matter of time when the layoffs... — read more 

@OP+1iCwoFrI or https://www.thelayoff.com/t/1iCwoFrI

Ex Citrix techies started Granite, any idea how this company is running?

Or “it’s a done deal”, go read this thread. https://www.thelayoff.com/t/1iPQPnrb This will be great to watch from a distance. Like watching an early morning building demolition. Good luck to all who are inside this demo

https://www.sec.gov/Archives/edgar/data/877890/000119312522023498/d273843dex21.htm Section 6.07 Employee Matters. (a) As of the Closing Date, the Surviving Corporation or one of its Subsidiaries will continue to employ the employees of the Company... — read more 

Citrix has long been a joke of a company. Have you noticed how they are doing everything they can to create as much pressure as possible on employees, probably more so than ever? The goal is to make the job more difficult in every possible way. I... — read more 

For every dot-com millionaire, there are most likely a thousand IT employees that will never see an IPO. These are the workers that struggle as contractors and freelancers, often without benefits or job security. We are them. What will it take for... — read more 

Do you think we’ll see any directors and above getting let go? I feel like they’re usually the ones who stay

So what’s going to happen to the Redbull racing sponsorship? It was so much fun watching the money flow to those boondoggles..

Banks losing money on Citrix debt… not a good sign of things to come. https://seekingalpha.com/news/3884954-goldman-bofa-credit-suisse-seen-losing-millions-from-citrix-debt-sale-report

What I do care about is doing my job in a normal work environment and that hasn't been the case here for years. Is anybody ever going to do anything about the aggressive and bullying behavior of some (most) managers? It's been allowed to go on for... — read more