Thread regarding Citrix Systems Inc. layoffs

Citrix manipulating numbers?

I am suspicious of some departments' reporting methods. Revenues weren't as strong in quarters before the first round of layoffs last year, and so Citrix "announced a restructuring program to drive strategic focus and operational efficiency." Layoffs began. Management teams were replaced. A change to reporting "billable hours" was instituted in some departments. Profits looked stronger on paper. I think the "restructuring program" for "operational efficiency" includes calculations designed to massage certain departments' numbers so The Suits see stronger profits. Does anyone else suspect this?

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| 1692 views | | 2 replies (last January 19, 2016) | Reply
Post ID: @OP+Fv12HgJ

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Don't be a turd burglar!

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Post ID: @1bnb+Fv12HgJ

Who cares? What do you get my pouring salt on open wounds? Shit hit the fan. The gravy train has come to a stop. Time to jump to a better ship.

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Post ID: @tdf+Fv12HgJ

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