Thread regarding Citrix Systems Inc. layoffs

More cuts on the way much before the next AOP

Got news shared by a reliable source that there are more cuts upcoming maybe early summer months. This time the BUs might also get impacted significantly. Any one else has any idea whether this is true?

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| 2171 views | | 9 replies (last February 24, 2024) | Reply
Post ID: @OP+1raNkYnf

9 replies (most recent on top)

Where do people hear this stuff?

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Post ID: @4okw+1raNkYnf

Yes, there are more coming after the half-way point of the financial year, i.e. once we get into June.

Any BU not performing 'to expectation' at that point will have cuts.

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Post ID: @3jtm+1raNkYnf

I personally anticipated next round would happen towards or near the end of the 2024 AOPs. If they cut people sooner at least they'll recoup what they paid in bonuses.

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Post ID: @3fzh+1raNkYnf

Oh, I thought Citrix was a growth company now…

It’s all downhill from here.

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Post ID: @2oxr+1raNkYnf

We don't need a reliable source to know there are more cuts coming. Ongoing layoffs at a PE owned company is one of the few absolute certainties in life.

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Post ID: @1qli+1raNkYnf

The fact that cloud.com continues to be an amateurish hack of a Web site, with absolutely no information or news of value, tells you exactly what Vista plans for this train wreck. There is no future for CSG. It will be broken apart.

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Post ID: @1rar+1raNkYnf

Who really cares anymore?

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Post ID: @1vwk+1raNkYnf

Yes, it’s true.

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Post ID: @1raz+1raNkYnf

CSG isn't even going to exist in a couple of years.

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Post ID: @vfw+1raNkYnf

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