Thread regarding Citrix Systems Inc. layoffs

Citrix management will drag this out as long as they can

Even if it doesn't make sense to us. The longer this lasts the more people will quit. That leaves fewer people to lay off and fewer severances to pay out. They don't care what the wait is doing to us, they are counting on it being too much for some (a lot) of us to take.

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| 1991 views | | 4 replies (last September 28, 2022) | Reply
Post ID: @OP+1iWeEGc5

4 replies (most recent on top)

Citrix management is no longer in charge. It is the PE now. I don't think this is about dragging out anything. It is a new very brutal regime and the goal is to extract as much money as possible from the business.

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Post ID: @izq+1iWeEGc5

Fine by me as long as the checks keep
Coming.

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Post ID: @efg+1iWeEGc5

I thought 1000 is the 'first group' of planned cuts. Did I miss something?

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Post ID: @cza+1iWeEGc5

Agree, and do you know what ? This is the reason why they will fire ‘only’ 1000 people …

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Post ID: @jyb+1iWeEGc5

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