Do you have any predicitions?
6 replies (most recent on top)
I'm hearing at least 40% across the board although some like posted in this thread will be headcount cuts that are currently open, Commerical is completely gone. There are some very good people still working there but the old saying "you can't see the forest for the trees" is applicable, they blindly believe that a PE firm will take care of them.....go to an earlier post and read the payouts for upper management, how many of those that actually do work got a piece of that......crickets......the smart ones have left, those that have been there 10+ years don't know how to interview so they take what's being thrown at them. Think INNOVATION as a key to success, has there been any other than innovative new packaging of the same old technology.....MSFT, VMWare and Okta will consume the existing customer base. Since this is an annuity/renewal business it will be consumed by the new company and the PE firm can hit it's cashflow targets with renewals that will gradually decrease......think Avaya when they got bought out....you will not need a salesforce as very little net new business is being added, no new customer and no new products, I feel sorry for the new hires......they have no idea what they're getting into only to be let go in 90 days
@1nbt+1glIz62Z they have stated as recently as yesterday there will 100% be redundancies in functions. They will cut those shared functions between Tibia and Citrix and then only invest in new hires in sales/engineering. The rest is redundant. Engineering attrition is massive and there is very little left.
There won't be any. With so high attrition they'll probably start hiring.
I might be naive but that's my prediction.
Just after the acquisition will be officially completed … vista standard
Tell us what was presented today, for those that are no longer there
DH
within the next 9 months aka before this year end.. if you clearly watched what was presented today.