Thread regarding Citrix Systems Inc. layoffs

24% of employees getting fired?

Heard from a good source that 24% of global workforce (including contractors) would be laid-off. It is going to affect all geographies and all the departments. Thoughts?

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| 2563 views | | 6 replies (last October 1, 2017) | Reply
Post ID: @OP+PwmutgT

6 replies (most recent on top)

24%?? Get serious. I can buy 20 or 25; or even 35. But 24?? Someone is stupid, gullible or both.

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Post ID: @1qxs+PwmutgT

One of the Santa Clara buildings is being closed and all employees consolidating to building 1. Building 4 is still not subleased .

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Post ID: @1ife+PwmutgT

no. lies.

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Post ID: @osw+PwmutgT

My understanding is approx 10% of FTEs; heard nothing on contractor count.

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Post ID: @tno+PwmutgT

hopefully....cafe lines are too long

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Post ID: @zhj+PwmutgT

That seems like a huge number, it would probably see some offices close if true

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Post ID: @vdy+PwmutgT

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