Topics regarding layoffs at Citrix Systems Inc.

Topics regarding layoffs at Citrix Systems Inc.

Stock Price Buyout too low

what happens if stockholders, like myself, think the buyout price is too low? It seems to me that Bobby C went ahead and got himself a price that would allow him to make money and just get rid of Citrix as easily as possible. what percentage of... — read more 

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| 1870 views | | 6 replies (last February 3, 2022)
Post ID: @OP+1f6Wcf66

Be honest and lets fight for our money!

I found this and it seems some Citrites have already posted. I am going to post just not give too much info away. But if Sid from accounting is getting paid more than I am and I'm being worked like a bi--h I would like my raise and title change to be... — read more 

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| 1870 views | | 2 replies (last February 3, 2022)
Post ID: @OP+1f6xT6Wk

Buyout news is not good

Why are Citrix employees saying this is great news? They were bought by an equity firm and are going private… how is this good? No real company would buy Citrix so you’re stuck with an equity firm. This is nothing to be proud of. It is only going... — read more 

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| 2330 views | | 9 replies (last February 3, 2022)
Post ID: @OP+1f6TUGDP

message to the ELT

We all know ELT members do read this message board, and this is a message for them. The disastrous GEM and 200% PRSUs were the last nails in the coffin. We all know and accept executives make tons of money, millions. That's fine; that's how the... — read more 

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| 2580 views | | 9 replies (last February 2, 2022)
Post ID: @OP+1f5KOD4o

Buyout price (or steal)

Looking at the earnings release, it's interesting that the non-GAAP result for 2021 is 87% of the 2020 numbers. The day the 2020 earnings was released, the stock was trading around $133. 87% of $133 is ~$116, not $104.

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| 2340 views | | 5 replies (last February 2, 2022)
Post ID: @OP+1f5lzCM4

Let the brain drain continue

I don’t know what those at the top think about it, but my opinion is that this company could be in big trouble in the very near future. However, they don't seem to care at all? There are still many talented and good employees here, but most of them... — read more 

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| 1710 views | | 3 replies (last February 2, 2022)
Post ID: @OP+1f5EVNkY

So glad I negotiated my way out of not working there

Don't let the title fool you. I was extremely tempted at taking the job. It came down to the reality of the IT world, being a white male in 50s. Only way I was going to take the job was a guaranteed 10 years of work. They wouldn't do it but kept... — read more 

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| 1150 views | | 2 replies (last February 1, 2022)
Post ID: @OP+1f5zNAnp

Stop overreacting

Do people who say there'll be 60% or 70% cuts ever think before typing? Cuts that large would make it impossible to do anything. It would decimate profit, which, you'd assume, is why we're being bought. To make more money for them. Yes, there'll be... — read more 

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| 1580 views | | 7 replies (last February 4, 2022)
Post ID: @OP+1f5oklIR

Citrix management are complete id--ts

They think they'll be running the company once joined with tibco. But it'll be the other way around. There will be a Red Wedding for Citrix upper echelons. But they deserve what is coming to them

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| 2150 views | | 7 replies (last February 1, 2022)
Post ID: @OP+1f40z8VK

That GEM was a joke

Joke of a CEO followed by a bigger joke of a legal dude followed by the biggest joke of all. Joking about how much work they all did to justify their PRUS and no doubt mega bonuses while employees are well and truly screwed. Time to head for the... — read more 

1% get PRSUs

Why mention the PRSUs at the GEM when only 1% of employees get them? Are these ELT’s that clueless and brain dead to even mention PRSUs? Holy sh-t these clowns are unreal Now i see the good ole boy network on full display. DK saying we value all... — read more 

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| 2150 views | | 4 replies (last January 31, 2022)
Post ID: @OP+1f4c4Njx

Don't quit!

I've said this before and I'll say it again. I know it might be tempting to quit right now just to avoid the whole mess but that'd be doing them a major favor. They'll have to give some kind of severance to those they cut. It might not be the usual... — read more 

Shouldn't it be a take over at $155?

Don't most buyouts go for a percent above?? Citrix should have been at $140 plus with out Elliot and Bob.. Obviously the Sub growth of 50% is all possitive so why would we as share holders accept anything less then $140 plus premium.. Elliot broke... — read more 

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| 1604 views | | 3 replies (last February 1, 2022)
Post ID: @OP+1f4LW4tr

Citrix is going private

Its official, good luck everyone https://www.citrix.com/news/announcements/jan-2022/takeprivate.html

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| 985 views | | no replies yet
Post ID: @OP+1f4DypQY

Elliott is big on cost cuts

This buyout is bad news for us. Really bad news. Look at some of the other companies where Elliott became part or majority owner. The first thing that's done is cost cutting (or let me translate that: laying off anybody and everybody they think they... — read more 

Get ready to take IQ tests to keep your jobs.

https://www.google.com/amp/s/amp.theatlantic.com/amp/article/559148/ As per that article employees in Vista owned companies have to take an IQ test to keep their jobs. IQ tests have been proven as bunk, but looks like Citrix employees are going to... — read more 

looks like a $104/share buyout

https://www.wsj.com/articles/elliott-and-vista-near-deal-to-buy-citrix-systems-11643567043?fbclid=IwAR1zvnQ0kBX9pb3D2sxJmmuTJQmoXPy-bTi2-tqCpQT8RY0sWBUHsOlk6cc

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| 2100 views | | 8 replies (last January 31, 2022)
Post ID: @OP+1f3YtZv4

...And the answer is?

https://www.investopedia.com/articles/financial-theory/08/leveraged-buyouts.asp Well we know it won't be the "Savior Plan" so are there any educated guesses as to which of the other 3 it will be? The Repackaging Plan The Split-Up The... — read more 

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| 2050 views | | 3 replies (last January 28, 2022)
Post ID: @OP+1f0k7AWF

13d

https://otp.tools.investis.com/clients/us/citrix/SEC/sec-show.aspx?FilingId=15498831&Cik=0000877890&Type=PDF&hasPdf=1 https://www.investopedia.com/ask/answers/09/schedule-13d.asp

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| 1940 views | | 1 reply (January 25, 2022)
Post ID: @OP+1eYPNniA

Openings at Citrix

How are there openings being posted on LinkedIn for Citrix? Like who wants to join this company? It is a mess.

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| 1980 views | | 4 replies (last January 31, 2022)
Post ID: @OP+1eYmO1SY

Q4 earnings

We should find out quarterly results soon. Why does it seem to me that Q4 results will be a real debacle?

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| 1671 views | | 1 reply (January 25, 2022)
Post ID: @OP+1eXVaGeS

Why did you apply here?

I regret terribly that I lost a lot of time in this company. This has become a place only for those who have no other option. The worst thing for me is that I came here from a company where the situation was much better than here. I couldn’t have... — read more 

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| 1990 views | | 4 replies (last January 21, 2022)
Post ID: @OP+1eTCkWD6

Missing leasership.....CEO AWOL?

No word from Calderoni at Citrix FKO? I wonder why? Selling the company or playing golf.... If you can't be bothered to show up and share your thoughts for $55M then what is the purpose of you being at the helm? Willing to be corrected if I'm wrong — read more 

VCP percentage?

Anyone got insight into expected vcp % for our bonus payouts?

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| 2760 views | | 8 replies (last January 27, 2022)
Post ID: @OP+1eSyclBM

Their business decisions are d-mbfounding

I came here from a company where the management was terrible. However, even there the leadership did not make such d-mb business decisions as is the case here. If this is not the company where the d-mbest business decisions are being made then it... — read more 

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| 2150 views | | 4 replies (last January 22, 2022)
Post ID: @OP+1eSaIfct

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