This isn't a rumor, they are coming. The company went on a corporate wide hiring freeze for the months of June and July. I already spoke with recruiters who Citrix has used to hire for their Fort Lauderdale office for years and they have already been told Citrix is planning to layoff 5-10% of its Fort Lauderdale work force, which is around 150-300 people. This information was divulged to me Tuesday, August 16th, 2017.
Posted by @OFd8QhN-9dwm, bumped for important info.
Winter is coming...
Several of us have heard rumors of this coming in early October. Based on my many years working here and seeing the cycles of change happen, this supposed timing would seem correct. ELT changes, board changes, travel freeze for remainder of year, constant focus on cost cutting in Q3, Etc
I suspect this is true. Citrix had instituted a hiring freeze at the end of last year for all non-quota carrying sales people, which seems to have continued based on the dearth of advertised open positions. I have also noticed that the company is failing to replace outgoing employees in essential departments instead trying to have fewer people doing the same amount of work. Director level team leaders trying to replenish their headcounts after someone leaves the sinking ship are finding it virtually impossible to obtain approvals.
Citrix lost its ability to innovate and grow the business long ago. The current “leadership” is comprised of people more adept at financial engineering and chicanery than entrepreneurs and innovators. Haneshall is even more useless than his predecessor was. Despite all the hoopla at the GEMs, VMWare and the competition are crushing Citrix. It is a pity to witness the destruction of a once successful company at the hands of vultures.