https://www.freightwaves.com/news/omnitracs-layoffs-and-product-concerns-are-nothing-new-source-says
https://www.freightwaves.com/news/exclusive-massive-layoffs-hit-omnitracs-and-dealersocket
Heavy layoffs once Vista came in close to 35% within 6 weeks. Major operations moved to Mexico. In this case two companies were merging and it was a blood bath. I expect something like that mid year too when both Citrix and Tibco merge. Read how the employees were treated.
In another company above, the engineering operations were moved to India within 90 days.
https://www.adweek.com/programmatic/integral-ad-science-hit-with-more-layoffs-as-part-of-restructuring/
This one had two massive ones just within months of each other.
https://news.ycombinator.com/item?id=17532839
https://news.ycombinator.com/item?id=8385225
https://www.reddit.com/r/cscareerquestions/comments/9ixvmd/how_worried_should_i_be_if_a_private_equity/
Worst part is Vista moves the HQ to Texas and if employees don't want to relocate they will be laid off.
All the best to Citrix employees on their job search.