There was a comment comparing the downfall of Citrix to Enron. Looking up Enron’s history this is a fair comparison. Citrix no longer has a moral path…anything goes. Truth, respect, courage, curiosity and innovation are no longer valued. These have been replaced by directors and managers lying to their employees about the state of affairs and future of the company. And, total disrespect of those who made Citrix what is was.
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If you believe that you were partly responsible for making Citrix "what it was",
then admit to being part of the decline
What was that purchase price again?
"Enron artificially inflated their revenue streams to impact stock prices so the execs could make a boat load of cash, then covered it up. Basically a giant pyramid scheme.
How are you comparing this to Citrix tanking the stick to entice a buyout? "
By being awake? They literally bought wrike as a last ditch effort to artificially inflate their subscriber numbers as far as I'm concerned. They got to enjoy the pump and dump, wrote it into the buyout that performance based bonuses would be paid out as if they'd done 200% of the goal while everyone else gets shafted, and now they're onto their next target.
Previous poster said it. The future of the company? There is no Citrix company! The Citrix ELT no longer exists. Citrix is just another box on the Cloud Software org chart. It's the Citrix division, just like there's a TIBCO division and a NetScaler division and so on. You work for Vista now, and they don't have a moral path other than "make money." At any point, they may choose to stop selling Citrix software, and sell it off to whoever wants the software and the customer base.
You still don't get what's happening here -- 1) You work for the PE owners, there is no Citrix anymore. 2) It's likely true, they don't respect you. 3) If you believe that you were partly responsible for making Citrix "what it was", then admit to being part of the decline. 4) So, for sure, they (PE owners) won't respect you
Enron artificially inflated their revenue streams to impact stock prices so the execs could make a boat load of cash, then covered it up. Basically a giant pyramid scheme.
How are you comparing this to Citrix tanking the stick to entice a buyout?
There is no comparison here. The SEC approved everything that Citrix has done.