Thread regarding Citrix Systems Inc. layoffs

severences are weak

hearing 2 weeks per year, up to 10 weeks only.

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| 2321 views | | 4 replies (last October 1, 2017) | Reply
Post ID: @OP+Pw5c3BD

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Previous severance packages were good. If you had worked at Citrix more than 12 years you got about 1 years worth of salary as the package. If you worked less than 2 years you got very little.

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Post ID: @1yql+Pw5c3BD

If poor sevrance, you will lose all your top performers. We will see.

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Post ID: @jrz+Pw5c3BD

elliot got the squeeze on....those that get cut with get a publix bag of SimplyFit snacks and a t-shirt

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Post ID: @brh+Pw5c3BD

Repost from last layoff in 2015. I assume it’ll be the same.

It was basically 6 weeks and then 2 weeks per every year of service paid out in a lump sum (takes a 25% Federal Income tax hit though). Then they pay us normally to 2/20 so 3 weeks of normal pay. Finally unused PTO is paid out in FL at 50%.

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Post ID: @fph+Pw5c3BD

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