Is anyone concerned that the Transfer Agreement US Citrix employees will have to sign as part of the IT and payroll transition provides some sort of loophole to get CSG out of their obligation to honor the Citrix severance policy?
37 replies (most recent on top)
If you were Krause reading this site and took any action based on what you read, you’d be an id--t for taking anything posted here seriously…
If I were Krause reading this site, I'd be chomping at the bit to fire as many Citrites as possible. What a useless bunch of id--ts.
Nothing in the new agreement that wasn’t already in the old agreements we signed when joining Citrix. Just updated documents with the new entity.
Also to those who didn’t get emails or invites I wouldn’t worry. The email distros are all broken due to leadership departures. All the dynamic lists stopped updating and if a leader left everyone under then is lost. Most of the list used for all hands have layers of those dynamic lists. We have to create all new ones in GSuite.
"If it's merely routine, then why does it require an employee acceptance?"
It's required because you're moving to a new company. That's it. That's the big mystery, the big conspiracy theory.
I've been with companies that have been bought/merged a few times. Every time, there was a shift in almost all things HR-related. The old health plan goes away and you're on the new company's program. From a legal perspective you're now working at a different company. At some point, all benefits will merge, but to get to there you start with simply accepting the job the new company has slated you in.
Tell you what: don't sign it, and let us know what happens. It's true: Citrites really don't get it. Keep pretending that you are paid by Citrix.
I think it's very reasonable to be suspicious anytime CSG leadership ask employees to sign something. If it's merely routine, then why does it require an employee acceptance?
That seems like a legal requirement, that protects CSG. Besides, if there is a valid reason why a request to sign something is routine, then explain. Why should anyone trust Krause and his minions, given there track record. Only a fool would not question their motives
Hilarious that people think they can decide to sign or not. You can decide not to, in which case you are telling CSG that you are not interested in keeping your job. You'll be fired. I've heard from upper managers that "the Citrix people just don't get it", and nowhere is that more evident than on this site. You work for CSG now. "Citrix" is basically a department name.
This kind of thing is not unusual. There is nothing nefarious going on. Previous poster is correct: either sign or resign. Everyone is a CSG employee now. You don't have a choice if you want to stay.
If you don't sign it then you can't transfer to the new organization, which means you've effectively resigned your position.
US employees only should have received a workday task to accept a transfer to CSG, Also, it appears some employees got a one-pager and some had a two-pager.
TBH this transfer agreement is odd. Can someone clarify if this is good or bad?
What am I risking by signing or not signing? uggggh, F-ing hate this S--T
Thanks. It's good to be helpful to id--ts who spout consipiracy theories. Luckily, most of you will be fired before too long.
Very helpful comment, as----e
It's a standard agreement and they're not trying to trick you out of your severance. Mo--ns.
FWIW, I got the email late Monday. So it does seem like they're going out at different times.
I am in the Citrix BU and did not get the 'transfer' email. Nor did I get a email regarding the known deprecation of teams/MS office.
Yes!
Looks like we are seeing the actual start of the BU's segmenting. Only some people in what sounds like the Citrix BU got this "transfer" email.
A week or 2 ago there was that post that Raleigh office is only allowing ShareFile BU people to report to that office.
It will be interesting to see what the next few weeks hold. I'd be interested to hear what's up with our comp packages. Are we still getting 2022 VCIP payed out in 2023? What will our comp packages look like in starting December? A lot of sh-t has been left unsaid.
I agree with some posts here... which email are they talking about? Only email sent was the one informing about the integration of the systems and the announcement of teams and Microsoft going away which i personally liked as they are cr....
no emails about transitioning or any other signed request....
Everything is weird to me at this point. I got the email at like 1:30 am on Sunday morning. My immediate thought was why would I sign a transfer agreement if I don’t even know if I still work here?
I got the email but didn't get invite to Ctx BU all hands
Re Post from TheLayoff.com
Fair point OP. How about we read the transfer agreement in detail and share thoughts here? I believe the entity that pays you will change so you need to update W4s etc but we should all read anything we sign
OP here. I’ve read the merger agreement filed with the SEC. CSG must honor the Citrix severance agreement for 12 calendar months from the date of acquisition. All of that is separate from and unrelated to RSU agreements.
We’ve been employees of CSG for close to two months now, and never had to sign paperwork. I realize we are moving to a different payroll system, but why does that require paperwork on our part? If Citrix wasn’t bought, and decided to switch payroll systems/vendors, would employees need to do any of this?
I found the situation odd and, as has become customary, poorly communicated.
To the OP, it’s not a ridiculous post but still valid to ask you whether your question is speculation or based on information. The way I read the RSU documents, it has nothing to do with the “entity” you are moving to but rather based on the trigger of an acquisition. When you are acquired you obviously move to a new entity. We don’thave a document to read on the severance payout but again I believe someone posted that the terms of the Citrix severance should apply for 6 months in an acquisition. Which is what the new entity is- we essentially got acquired by CSG right?
If the email list is large it goes slow.
Perhaps the email only went out to the Citrix BU?
I neither got that email, nor have I gotten an invite to the NetScaler BU all Hands. Not sure what any of that means other then Leadership seems to be floundering around.
I've noticed that it's problematic to share any kind of insight here without someone calling it BS or accusing the poster of being a troll. Anything and everything seems to cause these folks anxiety. It is understandable, some people at CSG are very fearful and worried.
But please don't be deterred by these people. If you have new insight continue to share it. Some of us at CSG appreciate your thoughtful effort. We can each decide on our own what to believe, or not. So, ignore the naysayers, without being judgmental. Thank you.
Are there still many employees left in the USA then?
To those that didn’t get the email: are you invited to a Citrix BU All-Hands?
OP here. To those of you who didn’t get the email…really sorry if I caused you anxiety. The email is related to the IT changes posted on Backstage. The email isn’t bullsh-t. My concern may be unfounded, sure.
To the person who said it’s ridiculous and those that upvoted: perhaps you’re right. Care to share why you think it’s ridiculous?
what email??
Another Bullsh-t post based on no facts, what email?
From my understanding not everyone received that email…not sure if that’s writing on the wall.
is this speculation or based on something else?
No, that's ridiculous.
Ohhh, that's an interesting thought.