It’s looking like this could be the largest layoff in Citrix history. Elliott need the share price to rise to complete their investment and the share price hasn’t been moving for months. They are looking to make some significant cuts. I think everyone is going to be pretty shocked on Wednesday and for those affected just hope the payout will be as good as previously. Sources are saying it could be significantly less with Elliott tightening the screw on severance packages. Good luck everyone
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Pay Kirill $32 million for a little over a year and then do a massive layoff to cover the loss......thanks upper management, we love you too
I think we're going to see a lot of top folks impacted as well. I mean they are the ones making the most money so it's makes sense.
Sounds like a conflict of interest if Elliot and co is calling the shots!!
It does look like the big one is about to hit. It seems like the quiet before the storm.
Nobody is returning emails or phone messages across the company. All work is grinding to a halt.
What do all the execs and VPs know that is causing them to be hunkering down???