When layoffs start to happen, especially with no end in sight, the best employees who have plenty of options will start leaving together with those laid off. I'm talking about the talent the company wants to keep. The ELT might see the increased attrition as a good thing until they realize they've lost their best and the brightest. By then, it'll be too late.
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Citrix already lost employees it wants to keep.
There i corrected it for you.
"The best and the brightest already left, for the most part." -- agreed, those who chose to remain now live in fear of their fate. Just read the majority of posts on this site and the media coverage about Citrix. It's not a skilled talent pool, more like a legacy talent puddle
@usi+1j47EKOy Said it best. A lot of us on the customer-facing sales side fought hard to be successful against an ELT that actively worked against us it seemed like whether that came from a quotas/comp perspective, ignoring the channel perspective, product/strategy perspective, or not listening to what we were directly relaying from the mouths of the customers we were sitting in front of for years. There's still some great salespeople and managers and SE's there, but I have no doubt many of them will join those of us who saw through the ELT misguidance and the PE pump-up that we all got in the last year and be heavily recruited by organizations that act like Citrix did when it had confidence, direction, and most of all innovation. Honestly not sure what would keep someone there at this point. "Citrix" is a BU in a larger portfolio of a PE portfolio that doesn't owe them anything, including the slightest bit of loyalty.
Everyone - they are just doing things to get us to leave voluntarily. They will sell the BUs off, then out protocol and they'll be out. This is changed from a strategic investment to improve a company, to a salvage operation once the interest rates went up.
Anyone who thinks that other companies will not hire current Citrites because they stuck with the company for too long are complete mo--ns. Quite the opposite, there will now be open season from other companies to poach Citrix sales and SEs. Even in a cooling job market, there are still tons of openings with vendors for experienced field sales and SEs, and Citrix is excellent background for a lot of growing areas.
Wow, so many of these comments demonstrate the remaining Citrix employees are in denial. You should have left with dignity long ago because potential new employers will wonder why you chose to stay (and, what that says about your judgment skills).
"Citrites are some of the best and brightest in the industry" -- compared to what exactly? Think about the demand for people that have worked for a legacy software company that has historical value, but many employers will assume that's outdated knowledge.
My advice for your job search: show some humility, and don't assume you are the "best and brightest" for being at Citrix. This is not an effective way to exit and find a new job.
I agree - Citrites are some of the best and brightest in the industry. We lost our leaders over the last few years, THAT was the problem - NOT the employees. But like the other person posted, we get top offers regularly and we will land on our feet with plenty of offers. None of us are staying. TK’s “you’ll know if you have a job by Nov” made me sp-t out my coffee. Don’t worry TK, none of us want to stay buddy. By the way, I love all the former Citrite networks taking over across the industry. Maybe a much brighter group of investors will see the light and build themselves an empire….or more than likely these jokers will just do what private equity firms are notorious for doing, which is dismantle and destroy for profit. Sell off the profitable BUs, sell our protocol to Microsoft and walk away with cash in hand. That’s their MO folks.
What? - So new leadership is moving us to Gmail and zoom. Clearly not the brilliant leadership other posts are implying. Citrix sales, sales engineers and channel are highly sought after in the industry because they are excellent. By the way, sales, channel and the sales engineers are the people who held Citrix together despite terrible decisions and poor guidance from leadership over the last few years. And our operations, marketing and enablement teams supported us. And our product and support teams kept the wheels turning. It is the employees who held firm in their loyalty, stuck through thick and thin and kept the lights on. Those who left were not “all the top talent”. Those who left were mainly the normal corp cycle type with a small percentage of top peers. Unfortunately we held out for nothing. It was a gamble and based on new “leadership” we clearly held on for nothing. Lesson learned but we will all land on our feet. Too bad private equity greed and ignorance has been allowed to destroy one of the best companies in the industry.
Most at Citrix in sales, channel and marketing are all terrible. It will be hard for these people to find jobs. Leadership is awful so vista couldn’t care less about who stays or goes. It’s a numbers game and they will recruit people from other Vista companies to come and run it.
The best and the brightest already left, for the most part. What they want now are the inexpensive and easily pushed around.
The retention bonuses are the "cash grants" that are replacing RSUs
It’s too late in the economic cycle don’t expect high attrition when job openings in technical companies are trending downward slope. Good and smart talent already left, existing Citrix employees will have to go through the pain of Public to PE playbook, this just a beginning lot of unnecessary fat will be dropped along the way in next 3 years perform or perish. Only good part about TK is transparency he has promised.
They will likely provide retention bonuses for the employees they want to keep.