Thread regarding Citrix Systems Inc. layoffs

Citrix Systems Layoffs 2024

Have you heard anything about potential Citrix Systems layoffs? Any chatter, news or rumors?

by
| 3361 views | | 8 replies (last January 8, 2024) | Reply
Post ID: @OP+1qkWJIO9

8 replies (most recent on top)

My advice, stay until they cut you and make them pay your well deserved exit package (aka severance). Don't give them the pleasure of making it easier for them, that is unless you find an amazing opportunity that you can't risk losing out on.

This is the new technology landscape - welcome to the new.

by
| | Reply
Post ID: @9qwq+1qkWJIO9

Forming a union is the only way workers can protect themselves.

by
| | Reply
Post ID: @8fbn+1qkWJIO9

Re: "lets see what TK has to announce" - words to pay attention to, "efficiencies, right sizing, lean, restructuring, not in the business of, transferring to (e.g. partners)".

I get the right sizing that is going on, it's very logical with the debt accrued. However, with the overwhelming layoffs and underwhelming investment back into the company seems like the venture capital groups are bleeding the company for their pet projects and profits.

If TK sets an ambitious target (max 1.5 years) for CSG to go public, resulting in the necessary cash flow to modernize (integration with ML & AI) the technology, then I'm staying. If the vision he lays out is about being a $xB company, time to move on.... money comes with vision and quality/relevant product, talking about how you're going to make money shouldn't be the punchline of his speech anymore.

by
| | Reply
Post ID: @7fah+1qkWJIO9

Yes, more cuts are expected so don't cr-p completely on the troll. Those who are left are aware let's see what TK has to announce at the all hands next week.

by
| | Reply
Post ID: @6wix+1qkWJIO9

There's a mild blood letting going on in sales and professional services is next in the hit list. In professional services, 2 whole teams were cut in December. One let go and the other moved to CS.

Popcorn is ready and watching to see if professional services is completely gone by q2.

When you're cutting orgs bringing in revenue, the real question is, who is next on the continous hit list??

by
| | Reply
Post ID: @5sog+1qkWJIO9

This isn’t so much a troll as it is an auto-generated comment. I’ve seen it in many other company forums here, especially when user-generated content is slow.

by
| | Reply
Post ID: @1lgd+1qkWJIO9

No - in fact, TK plans to double the headcount and embark on a massive expansion plan in the U.S.! It's gonna be lit !

by
| | Reply
Post ID: @xtp+1qkWJIO9

troll alert

by
| | Reply
Post ID: @itf+1qkWJIO9

Post a reply

: