Thread regarding Citrix Systems Inc. layoffs

Severance package

From what I heard from the people that got canned today, it’s 4weeks + 2 weeks/yr. Pto paid off based on state. Plus RSUs paid off fully.

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| 2811 views | | 8 replies (last October 19, 2022) | Reply
Post ID: @OP+1jg76Yno

8 replies (most recent on top)

The original post suggests they may have gotten paid for unvested RSUs, considering it wouldn't make sense to characterize something which happened weeks ago as part of a severance package delivered today.

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Post ID: @1hxm+1jg76Yno

Unvested RSUs are exactly that - unvested. They're toast if you're laid off.

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Post ID: @1wlk+1jg76Yno

Does it means..people will get all the unvested RSUs (2022/2023/2024) in a single shot at $104?

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Post ID: @ffi+1jg76Yno

They used to cover COBRA for 3 months, I hope they are still doing that.

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Post ID: @hnp+1jg76Yno

Can anyone confirm RSU vesting next year (2023/2024) also got vested ?

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Post ID: @xdn+1jg76Yno

I am surprised with the exit package, more generous than i thought plus RSUs paid in full

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Post ID: @qan+1jg76Yno

Thanks for sharing this.

Anyone knows the COBRA rules and $$$?

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Post ID: @mbu+1jg76Yno

What are they doing with health insurance? Covered for a while? End of year? Not at all?

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Post ID: @dpy+1jg76Yno

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