What will it take to get rid of the entire upper management and replace them with a competent group that knows how to run a company? I think four years is more than enough to see that the person they chose to run this place was a huge miss - along... — read more 

The Sh-trix stock plunged to a 4 year low today with no support level in sight. The announcement of yet another SEC violation lawsuit may have contributed to the fall. When the SEC opens up the formal investigation it’s the nail in the Sh-trix... — read more 

even on knews of covid19 variant which suggests possible lockdowns and WFH CTX was down! looking at the alerts for stock there is around 11 class action lawsuits for misleading investors. this was a perfect opportunity for CTX how did they fail so... — read more 

There is no market support left for the company. Sh-trix stock has the same value as toilet paper.

at the expense of people who should have been cut a long time ago. Very bad at managing layoffs, as always. They don't think it's going to come back like a boomerang one day, do they?

Citrix leadership do not have to worry about how, when and whom to layoff in the next wave. Many in my group have resigned since last 2 weeks, and the news of someone leaving is just getting more frequent. I also know that everyone in my team is... — read more 

As somebody else motioned it, this is our new reality. There's no point in asking if the new round is coming since one will always be pending. We might not know the exact date but what we can know is it will not be too far in the future. Prepare... — read more 

You people who were laid off are really sad... So many posts on LinkedIn about how you were impacted by the events, blah blah.. Where is your dignity and composure? During a non-working leave period you are still technically employed by the... — read more 

Well actually I’m thankful this Happy Thanksgiving that I survived another layoff. It’s amazing as a management failure that I’m still able to hide under the radar and survive the layoff since my manager and his boss are part of the same clan. We... — read more 

I'm pretty sure this is true, but it doesn't hurt to check one more time. Are we certain the next round of layoffs will not happen before March 2022? And yes, I know it's sad that this is what I'm thinking about on Thanksgiving, but that's where I am... — read more 

Does anyone know how many got impacted worldwide in the first phase (Nov 15th one ?)

I think those who get laid off are in better position than those who survive cuts. If you think it’s been hard so far, I think it’s going to get even harder to meet deadlines and keep the company productivity on track. . .

This is all about greed. Nobody can convince me otherwise. Don't tell me that short-term gain related to employee cuts is beneficial to the company when we all know that the long-term effects of losing so much talent are devastating for the company... — read more 

My humble advice to Citrites that were let go is to try and get over the shock as soon as you can. I know it's easier said than done but you are each talented individuals with several skills gained working at Citrix and elsewhere. The initial shock... — read more 

Here’s what I learned over the past few days “interviewing” people Sr Dir’s were given the “list” very late in the process. They could suggest corrections but had very little time to fight it Was told “it’s a complex equation” that was used to... — read more 

Somebody gave a good rundown of how it was determined who'll get laid off and it says that each affected team was told to reduce the number of employees by 10 to 15 percent. This explains a lot, but it also creates a complete mess of a situation. Not... — read more 

I know it may not be appropriate but just wanted to check - if you are affected by layoff and stay near FLL office and wants to give a way or sale/rent apartment please comment here. I am looking for one to immediately move.

Check your inboxes for an amendment sent this morning

Is Citrix making internal comments about the latest lawsuit against Citrix? They being sued for lying to investors about how good they were doing! Will this be the reason Citrix closes up shop? This is a serious lawsuit! Citrix told investors... — read more 

I was naive enough to believe there would be some method to layoffs. Targeting lowest performers, targeting those who were the last to join, and stuff like that. I couldn't have been more wrong. Yes, some lowest performers were affected, but not all... — read more 

https://finance.yahoo.com/news/shareholder-alert-bernstein-litowitz-berger-231000334.html

There has been a lot of speculation regarding the number of people impacted. Some back of the envelop calculations are here. Some real numbers to start with. Restructuring cost - 130M - 240M USD Severance cost - 65M - 90M USD Source - as... — read more 

Who has actually been let go in Engineering? Seeing all of the incompetent middle management in FTL still in Citrix according to LinkedIn.

"Under the Securities Exchange Act of 1934 (15 U.S.C. § 78a et seq.) and Rule 10b-5 a misrepresentation or omission of a fact is material if a reasonable investor might have considered the fact important in the making of the investment decision."... — read more 

... when it comes to cuts?

I have been looking for a job that suits me for three months now. If we also take into account how long the interview processes in companies take, I increasingly think that it is not wise to wait for severance pay here and I will most likely take the... — read more 

Many articles say Citrix is reporting they laid off 160 people in Fort Lauderdale. I think it was much more in FT. Lauderdale! Same old same old shady company!

Citirx is failing, and will continue to fail until the org stops playing with a finite mindset and starts playing with an infinite mindset. See Simon Sinek's book The Infinite Game. Describes EXACTLY what is happening in Citrix. BC is Chairman of... — read more 

I've said this before and I'll say it again, being laid off from here would be a blessing (for as long as severance is involved). I know it must be a huge shock right now for the people who were cut, but I can guarantee you that every single one will... — read more 

Even at $84 Citrix is still trading at higher growth multiples than Apple, Facebook, and Google audience explodes in laughter This thing is going to the floor

Anyone from security included in the layoffs?

I feel Mark T second innings will be the best thing to happen for Citrix during this testing time. I have a hunch (and wish) that he will be the next CEO. Thoughts?

Did any incompetent management get the axe or was it all low level serfs?

The market has given up on Sh-trix and the stock is in free fall. How low will it fall is anybody’s guess. Incompetent management got them there.

Who was the main engine behind it, what was driving it, what were they trying to accomplish, who profited from the gamble. Toughts???

Ask Christian R about his role in the wrike debacle I am sure he will keep his head down and get promoted

Interest to know what BS yarn they spun, if they had any clear plan, if they were upfront they will asset strip and PE what’s left.