Has there been any new info on rumored end-of-year layoffs?
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Tommy Boy has been lying from day one.
Let us harken back to Tommy Boy's comments last January after he announced that layoff ... "Now heading into 2024, my vision for Cloud Software Group could not be clearer. We want to build a $20+ billion diversified software company that develops, sells, and supports mission-critical products that serve enterprises globally. " Seems like a lot of BS. How does a company grow to $20+ billion by constantly cutting the people who make the company operate and function day in and day out? Seems more and more like the play is to lock in customers, dump costs, sell assets to take profit, and nearly a complete offshore of employees. And after that, with lipstick on the pig, sell it off and walk away counting their dollars, smiling all the way to the bank, and not giving a sh** about the dedicated, intelligent employees who kept this thing afloat.
I've also heard the rumors about engineering taking some losses for the next round of layoffs. To think all along, TK was trying to convince us Engineering was the only one area considered untouchable and that he would invest more into this group.
Another example of a 180 turn.
Seriously, who’s left to cut? Consulting org is tiny, won’t move the TK needle. TAMs and Escalation are what will. Big enough and expensive enough that he’ll find a way to remove that cost. Frontline is already outsourced so no opportunity there. Sales org? Likely also I would think. Gonna be more cuts within engineering teams.
What about the XS BU? A lot of cost there for very little revenue.
Eliminating TAMs, does this make sense to anyone else besides TK?
TAMs are not being transitioned to a new role. Please put down the kool aid. They are leaving and not being backfilled for a reason.
TAMs will be transferred to new role. Alot are leaving for new positions outside citrix. I doubt they will be let go in large numbers
They are running out of staff to layoff.
With morale this low, layoff info should leak fast and from several sources -- who would keep allegiance to CSG who actively works against its own workers?
Writing is on the wall for TAMs
Lots of rumors, no substance.
Same as ever. If it happens, it happens.
Heard consulting is going to be hit really hard ☹️ It’s been coming for a while but it doesn’t make it easier.
A big one ?