Thread regarding Citrix Systems Inc. layoffs

RSU Paymenets - Not Received

Did anyone get their March 15th RSU payment? Fidelity says it has not been received from the employer.

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| 2651 views | | 17 replies (last March 27, 2023) | Reply
Post ID: @OP+1lHK8nae

17 replies (most recent on top)

March 27. Still waiting for my payment...and no one responds to my inquiries.

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Post ID: @9hlw+1lHK8nae

Mine showed up today.

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Post ID: @6gmq+1lHK8nae

just got mine as well. This group has been helpful (ignoring the "fake news" trolls) for issues such as this. Let's continue to use this for constructive collaboration to make sure any such issues are shared. Thanks everyone

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Post ID: @6cbt+1lHK8nae

My March 15th RSUs were finally paid out today. Hopefully others will get payment as well.

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Post ID: @6mej+1lHK8nae

Spoke to Fidelity today, they said it can take up to ten business days but normally happens in three. It is a promise by the company to pay the RSUs, so this is a delay at CSG and not a problem at Fidelity. They recommended to wait a few more days since it has not been ten days yet. The COBRA forms also took three months to send out causing everyone to temporarily lose health coverage from end of Jan to March. Luckily they finally arrived and coverage was retroactive, but had to pay out of pocket for a while. I would guess back office staff are struggling because of all the layoffs.

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Post ID: @5nzj+1lHK8nae

Was cash flow an issue before the merger, or is it an issue only because of the merger?

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Post ID: @4vpi+1lHK8nae

Nothing! This is scam! Noone knows anything and Fidelity needs end of this month to start investigation. Payment not received from CSG, all I know.

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Post ID: @4fir+1lHK8nae

Cash flow will increasingly become an issue at CSG as we try to sustain the business. Most of the finance team is concerned. It's not just employees who noticed, our vendor suppliers are waiting for payments as well. I'm unsure if this is temporary or a long term issue.

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Post ID: @4gmm+1lHK8nae

Not yet.. no information on delay

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Post ID: @4tkw+1lHK8nae

Same here. Showing as vested but not distributed. Fidelity does not know the reason for the delay.

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Post ID: @3ebr+1lHK8nae

No - nothing. Its been 5 days already. Fidelity says they will send a note to investigate after 14 days have passed.

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Post ID: @3sha+1lHK8nae

you'll get it, there's a resting period of 24-48 business hours.

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Post ID: @2wum+1lHK8nae

Has anyone received the March 15th RSUs from Fidelity? If I look in Ultipro I see the pay slips for them, they are just not distributed in Fidelity.

I have an email out to AskHR, however with their response time I might not hear back until the March 30 ones are due.

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Post ID: @2clc+1lHK8nae

My March 15 RSUs are showing up in Fidelity as vested but not distributed. Maybe by Monday they'll be distributed?

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Post ID: @1aap+1lHK8nae

complete fake news. got paid rsu ontime, no issues at all.

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Post ID: @1lev+1lHK8nae

Nope. Nothing, and I was counting on that money. Yet another example of incompetence and/or lying from CSG.

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Post ID: @1huq+1lHK8nae

Not yet ... no information on delay ...

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Post ID: @vgi+1lHK8nae

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