Thread regarding Citrix Systems Inc. layoffs

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

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| 3402 views | | 12 replies (last January 31, 2022) | Reply
Post ID: @OP+1eTjIWfQ

12 replies (most recent on top)

CTXS shareholder who believe the board CEO didn't act in best will of Shareholder should join this lawsuit:

https://wohlfruchter.com/cases/citrix/

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Post ID: @btzh+1eTjIWfQ

No direction from mgmt other than some hypothetical future that they had no information about. Engineering teams with no work and no direction other than self train. Leadership and management is the failure in this company not employees.

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Post ID: @5kwk+1eTjIWfQ

The upcoming Earnings Call is being hosted by Melisandre, the Red Witch. Her guess on what is to come is as good as anyones at this point.

Oh, forgot to mention we are all invited to the Walder Frey's house after the call. My invite says The Red Wedding but it doesn't say who is getting married....

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Post ID: @1uwk+1eTjIWfQ

Where was Mark Palomba, the channel SVP?

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Post ID: @1rni+1eTjIWfQ

Last year earnings call was on Jan 19. Usually Citrix announces when they will announce. No such thing this year. The silence tells it all. It is coming soon. Too bad they ran the Field Kick Off. If you are a channel partner, must have felt like an F*** off.

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Post ID: @1tds+1eTjIWfQ

Sell the flippin thing already! Everyone knows it’s happening. Citrix products go to Vista/Tibco and the SaaS products (SF, Wrike, RightSig) go to Elliott to be sold off in pieces. It’s the worst kept secret in the history of worst kept secrets. Do it, and get off the pot.

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Post ID: @1kiz+1eTjIWfQ

No news is usually bad news when it comes to lack of communication around strategy.

I agree with the other posters, Winter is Coming. I feel the chill in the air and thought I saw a White Walker out of the corner of my eye the other day in the break room.

It looks like the company can be reorganized where a new LCM team emerges from the ashes as the centerpiece to the kingdom while Elliot and Vista sit side-by-side on the Iron Throne.

Time for all of us to go west of Westeros.

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Post ID: @pgo+1eTjIWfQ

Citrix is a mess. How does the CEO go AWOL? Just when I think Citrix leadership can’t get worse it does. This week is a big week. They are sending a clear message to partners and customers! Makes everyone nervous…

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Post ID: @pcu+1eTjIWfQ

They are all busy with the sale of the company, per inside source.

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Post ID: @uig+1eTjIWfQ

No date for the announcement of Citrix results for 2021.... going private to avoid it?

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Post ID: @oni+1eTjIWfQ

There are signs to indicate the sale is imminent. I’ve never been at a place where the strategy and outlook has never been withheld for as long as they've done here.

That tells me there is no strategy or plan. These execs should do this in their sleep - but they haven’t.

If they had something to share, even the “known parts of the strategy” then they would have.

Expect a massive wave of attrition. Donna, where’s the retention?

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Post ID: @ezf+1eTjIWfQ

You are not wrong. There has been no communication from any ELT member for 6 weeks or more. I guess we'll find things out at the February GEM.

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Post ID: @iux+1eTjIWfQ

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