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 to innovate and lead the industry in enabling remote working capacity, the so called leadership of CITRIX stuck their collectives heads into the "risk adverse sandbox."
For the person suggesting DLS for CEO. Thank you for the laugh. IMHO, I have a hunch the parade is product managers who passed through the revolving doors of the Raleigh office might have some colorful user journeys to offer in response.
In the US you get a senior position to help drive failure if you worked at SAP in EMEA the prerequisite to help insure that the failure is delivered locally is time spent at MSFT
I had to work with SIA, when I found out it wasn’t ours and we were white boxing it, I was shocked. What a pretend product. We could have written that product in 30 days with some moderately decent US engineers.
I think everyone should look at the security org for a prime example of experienced leaders and what leadership really looks like!
Need for the hour is a fearless leader. Whether DLS or someone else, but in general weak leadership and poor execution has lead us to the current state all the way from top to bottom.
We need to think, act and move like startups do. The foolish practices of SAFe also need to be thrown out.
IMHO, I would think twice before promoting 'fearless leaders' to take over. Especially those who might lead from a 'Balmer-like' culture. Such has only served to create a reloving door of product people in locations such as the Raleigh offices. Those exiting flourishing elsewhere without the cultural encumbrance of a pre-Nadella atmosphere.
David Le Strat is a fearless and brave leader. He should take over the product and engineering leadership. IMCO
that knuckle dragging interim CEO's plan, IMHO, has always been a pump up so he could dump his stock. That guy has done ZERO for the company.. Zero... other than pull in $30 million in stock and over $500k a year as "executive chairman"
The pay these id--ts receive is just embarrassing as compared to the value they delivered to the shareholders and company, which is zero.
Look at our chief people officer? Another glaring example.
SIA was one of the most bs integrations we could do
Definitely the leadership's problem. Absolutely nothing interesting going on since CEO Mark Templeton got ousted. Other than a brief period of a very high stock price which lasted just long enough for those with options to vest - as anyone with a brain would do recognizing that the company that was on a death march. So sad - Citrix had such a massive opportunity to really lead in the remote work space but instead sold off GoToMeeting - it's most recognized brand - and instead invested in Wrike. WTF is Wrike anyway - don't tell me yet another Project Management/Team Communications type of product..... Citrix does not not have a brand now - just a skinny-looking logo plastered on the side of Red Bull racing cars. Oh well - water under the bridge now - Citrix is fcuked. Good luck to all of departees - you've earned the right to find the next great gig.
First, I am sorry to hear about all the people impacted by this weeks news. Spent time When things started going south...
Wrike was a bad idea from the start. I think we can all agree on that this was a management & board decision. Also, losing out on multiple bids to buy technologies that made sense to several business units.
ADC should have been our Go-To at Citrix. Yes, we have amazing product that is very reputable in the market, but there is only so much you can do with our existing team to continue to keep pace with F5. We've lost marketshare and losing customers daily because our strategy is nowhere close to them. We did try to buy nginx, but failed due to not offering anywhere close to what they paid. https://techcrunch.com/2019/03/11/f5-acquires-nginx-for-670m-to-move-into-open-source-multi-cloud-services/ "On top of that, our sources say NGINX was shopping itself around, and other companies that had been looking at it included Citrix. That deal fell apart on price." <-- Super Cheap when you have a finance guy that ran the company! Since then, they have gone on to purchase Security and Edge products that have set them up for success in the years to come. Look at their stock price and market cap.... Our leadership team in that group have no clue what they are doing and especially at the sales leadership level. NetScaler may have been the best acquisition by Citrix, but you can applaud Mark T for that one.
Digital Workspaces - I could write a book about the leadership team here. I think most of us know how this group is managed. No heart and only care about how many RSU's they plan to execute on a quarterly basis. No vision....... VMware & Microsoft.. That's all....
Now back to the impacted Citrites... The news this week hurts. We've lost many great employees that worked hard. Congratulations to the ELT for messing that up! Keep counting your stocks that have dropped more that 30% in the last several months. Now, the company faces headwinds into 2022 with employee moral.
"The diversity policy is to blame for a part of this redundancy"
The most accurate statement on this board!
It is more than SAP. Citrix has been failing for years! Yes, Wrike will go down in history as the kiss of death. Wrike leaders are probably laughing. They got Citrix to buy them for a ridiculous amount only to be the final straw that collapsed the company.
The diversity policy is to blame for a part of this redundancy
Malevolence vs incompetnece? You can never be sure in today's business world. Lots of people know people.... was there more to the Wrike acquisition than mere poor business decisions? I'd love to have an investigative journalist look into this.
everyone has forgotten about SIA product...the OEM from he-l!