If the goal was to regain the trust of shareholders and investors by cutting costs through layoffs, it failed miserably. The stock keeps going down and I don't think it'll stop any time soon. Investors know full well by now that no amount of layoffs... — read more
Beware of Elliott Management
I was a part of the 2015 layoff and feel sorry for all the staff suffering currently. If there's a single lesson learned for me: Stay away from any company where Elliott Management has a stake in it. This hedge fund people are ruthless, greedy and... — read more
Don't think you're safe just yet
This whole restructuring will take 18 months at least to complete. If you believe these were the only layoffs we'll have in that process then you're incredibly naive. There's a good chance we'll be having layoff days at least once a month for the... — read more
Influence of constant layoffs on productivity
The last layoffs were for some reason more stressful to me than ever. They laid off a colleague I would never have thought could be a layoff target. As a result, I haven’t been able to focus on work since. At Citrix it all comes down to waiting for... — read more
Less than 1 year at Citrix
I have seen several posts of people who were lured to Citrix by being fed lies to only be laid off after 1 year or less being with the company! In some situations 6 months! How could a manager look into someone’s face after feeding them the dream by... — read more
What companies are included in the Citrix non-compete agreement?
Does anyone know who are the companies (or where to check them) included in the non-compete agreement signed upon hiring? Upon recent (and not so recent) events, I'm finally deciding to start pursuing other opportunities but I'm afraid Citrix will... — read more
Citrix Securities Fraud?
Extremely credible sources claim that roughly 1,000 employees were laid from all over the company, HOWEVER, Karen Master from Citrix's investor relations arm claims that "only about 50 people were laid off from the Raleigh office." Citrix, it... — read more
The layoff package has some not-as-bad parts
This site seems like just griping, but I just got the boot after 20+ years, so I've seen the severance package for US (I am going to retire, so not so bad for me). Although access to Citrix networks is cut off on Nov 15, the "Final Date of... — read more
Latest SEC Filings re Layoffs
https://www.channele2e.com/business/talent/citrix-layoffs-2021-staff-cuts-restructuring-cxo-departure-amid-potential-software-company-sale/ A sale? Give me a break. They have been talking about a secret sale/deal for years and none of them have... — read more
Citrix Layoffs happened on November 15, 2021
The SEC filing indicates that Paul J. Hough from ELT was let go. Here is the filing link (found in Raleigh News&Observer article) https://www.sec.gov/ix?doc=/Archives/edgar/data/0000877890/000119312521328882/d260145d8k.htm
Ladership Failure
This layoff is the direct result of incredible ineffective "leadership" recently brought into the company from SAP. CITRIX the company that was once the industry leader in enabling remote working. However during the pandemic, instead of continue... — read more
Blast from the past...
Title: Rumor of Layoffs March 13'th Posted: January 28, 2018 33,879 views 182 replies (last September 28, 2018) https://thelayoff.com/t/Rtz3wWu @OP+Rtz3wWu Title: Rizwan Pirani is no longer at Citrix. March 24, 2016 16,916 views 23 reactions... — read more
Left Citrix and never looked back
There’s life after Citrix. After seven years at Citrix, I became indoctrinated to the culture. I liked the company but it’s leaders were simple d-mb. I’m here to tell you, I’ve never been happier leaving Citrix. My cater has flourished, I’m making... — read more
Are they even trying to reduce cuts?
It is terrible what mismanagement in this company has led to, and I believe that the situation will get even worse. People are losing their jobs because of terrible mismanagement and wrong leadership decisions. What bothers me the most is that that... — read more
How did the severance package handle RSUs?
For those of you that were impacted and had RSUs, did Citrix allow them to vest early? Or are they just gone?
Citrix to lay off about 50 workers in Raleigh as a part of ‘restructuring program’
https://www.wraltechwire.com/2021/11/15/citrix-to-lay-off-about-50-workers-in-raleigh-as-a-part-of-restructuring-program/ So long turds...
Sales, Customer Success, Engineering were hit - but where else?
Not to take away from those reductions but what about Marketing and Finance and HR? Where are their cuts? Any director and above from those departments or is it just the people that had to make, sell and support the cr---y products that were hit?
4 Year Management Playbook
First year - bad mouth everything inherited - product, quality, culture. Directly or indirectly blame the predecessors. Even founder should not be spared. Second year - enough case built to get funding to fix ‘all the bad things done, by... — read more
EMEA biggest layoff yet
Hearing of Layoffs right to Leadership level. So far know 4 people who got tapped to leave. CS, Sales, Tech Services and Data Analysis teams are being hit hard. I'm hearing that Ireland redundancies are only getting the statutory minimum of 4 weeks... — read more
Message to ELT and everyone one on the board.
When you have employees who were not hit by layoffs praying to get laid off or willing to swap with someone who got the invite maybe you should really take a 2nd look. LOL The problem isn't us but the culture you have built. In the 8 years I have... — read more
When will it be over?
How many days will the layoffs last? Is it done already or can we expect more tomorrow or sometime before the end of the week? Will this spill out into the next week as well? Also, a question for those who were affected, how were you told? Was it a... — read more
A word from the Wise:
Check with your accountant before accepting severance check. It may be best to defer check acceptance until 2022. If you accept in 2021 it will count toward 2021 taxable income which is going to cost you. It made a significant difference in my... — read more
It gets even worse
Calderoni quoted today, “We’ve got too many instances where we have too many people getting compensated on the same deal,” he told analysts. “I don’t think that’s a good thing. I think that not only adds more cost, I think it also takes away sales... — read more
Only 50 axed? Or More?
So far I know Customer Success operations, CS director as well, some people in training rotations, some IT folks, greenfield sales, se engineers, and some product management folks. Certainly seems like more than the 50 the news says... Also, anyone... — read more
What's happening in APAC now
HR calendar is completely blocked in 20min intervals. Did anyone receive any invites in APAC
Layoffs trending along racist lines mostly affecting brown asians
It has been well known for many years there has always been a lot of animosity against brown Asians by Citrix employees especially the management in white and Kuban circles. These layoffs are a dream come true for the white and Kuban managers as they... — read more
Quick question about deferring check acceptance
Is it possible to defer severance pay check acceptance until next year?
Confirmed Multiple layoffs in many departments, Orgs and Geos today
It is the end of Sh-trix in any respectable way. No customer is going to by from this shoddy excuse of a sh-thole house of horrors Goodbye CTXS
Raleigh engineering - gather here!
Raleigh eng leaders probably rubbing their hands in glee. Made most of this golden opportunity to fire engineers they’ve been targeting for years. Not giving any space to succeed to these ICs or focusing on their strengths. Fired engineers who don’t... — read more
Leadership Failure of Epic Proportions
Who would of ever thought 3+ years ago when Citrix employees were warning customers to be prepared for a disaster aka a situation where employees would need to work from home then a world wide pandemic happens but Citrix sinks. It turns out customers... — read more
VP Track
It is pretty remarkable how many people get promoted to VP on the heels of subpar performance or even outright failures in their previous roles.
Elliott Management Repeats 2017 Strategy
I think at this point nobody is surprised any more - they will continue to cut and to seek those cashflows that they came in for. Plus, let's load Citrix with tons of debt too while we milk all that sweet cash that's coming our way. OMG, what a... — read more
https://twitter.com/TheLayoff/status/1460371339928166400
https://twitter.com/TheLayoff/status/1460371339928166400
Laid Off from IT!
I was with Citrix less than 6 months. Let me just stay this is the worst company I have ever worked for. I'm not sad or disappointed that I was let go---- I'm grateful they forced me out before the toxic environment got to me. I have reviewed most... — read more
Inside Sales and Renewals?
Were Inside Sales or Renewals impacted and if yes, to what extent?
Wrike - the kiss of death
Incredible how anyone in the elt can still be there who participated in that fiasco. Two plus billion gone and for what?