Thread regarding Citrix Systems Inc. layoffs

Next 12 months

Totally my gut feeling only - no insider info:

We'll be trimmed down, sold off, and moved to the West Coast. Better polish up the resumes now!

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| 1701 views | | 5 replies (last October 3, 2017) | Reply
Post ID: @OP+PzKUdqy

5 replies (most recent on top)

@csl Juan is that you?

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Post ID: @toy+PzKUdqy

Smells like a manager is in here. @CSL Go back to your board room and figure out how else to screw us over.

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Post ID: @isd+PzKUdqy

Doubt that Citrix will move to the West Coast

The west coast will by 40% more expensive to operate the company. All companies are moving away from California or at least reducing their footprints to lower cost states like Texas or Florida.

All states on the west coast with their heavy state tax burdens and heavy regulations are collectively driving companies out of their states (California, Washington, Oregon) and increasing personal taxes to cover the shortfall.

I doubt Elliot management would want to make this a west coast company, take on these meteoric state taxes and attempt to exit the company.

More likely Elliot will carve up the company like a Christmas Turkey and sell of pieces to match best fit with existing large corporations.

For example, sell NetScaler business to Cisco, sell XA/XD to Microsoft, sell mobility business to syniverse, etc.

There will be great anguish created by these actions but Elliiot does not care about any humans in the equation. We are just productivity dollars to them.

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Post ID: @ndt+PzKUdqy

@csl seems like management is in here today.

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Post ID: @chg+PzKUdqy

Focus on work, do not speculate.

This is a distraction and your productivity suffers because of it.

Let's go back to work folks...

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Post ID: @csl+PzKUdqy

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