I would honestly like to know the answer to that. You need employees to do the work! Every company has some fat, but after a while, you are cutting the essential workforce that keeps the cogs moving. As much as you think you can put all of that on the backs of those remaining, there'll come a point in time when it will simply not be doable. Then what?
4 replies (most recent on top)
The new CEO will replace the workforce with cheap labor(Europe + India). They will cut costs at any cost.
" I suspect that former Citrix product lines will still be in business a decade from now."
Highly unlikely, given everything that has happened since the acquisition.
Customer demand is declining, and price increases will accelerate more departures.
Remember, CSG's goal is to extract the maximum profit from its collection of legacy software products. The is no plan for a rebound, just ongoing price increases for the remaining customers and employee cuts (as needed) to improve profitability.
That's the future reality. A slow and managed decline, while extracting cash from the BUs
Citrix went out of business six weeks ago. Beyond that, after layoffs companies usually rebound pretty well. I suspect that former Citrix product lines will still be in business a decade from now.