Thread regarding Citrix Systems Inc. layoffs

Citrix getting packaged for sale to SAP

They tried to package and sell the company to Microsoft by bringing in KT and his gang. Microsoft decided to go a different direction and KT could not convince them to buy Citrix, so they fired him and paid out his $32 million in severance.

Turns out they did not need a Microsoft aligned CEO, they already have a CEO in DH ready to sell CItrix to the next bidder . Cisco is not interested, CA is not interested but SAP might be interested.

So the current strategy is to bring everyone formerly from SAP management to package the company for sale to SAP. we have MF, TM, MS, and many others already working on the packaging.

The new ELT is mostly SAP now, and its only a matter of time before they make overtures to SAP to buy CItrix. Get ready for another wild acquisition attempt roller coaster ride for Citrix, its going to get very messy...

by Anonymous
| 3451 views | | 6 replies (last February 19, 2018) | Reply
Post ID: @OP+RkHSQgn
Comment! It's anonymous!

6 replies (most recent on top)

heard these talks are back on at the SAP offices. The initial tender was too low so they are trying a new strategy in buying Citrix. MF and the SAP gang are very happy these days.

by Anonymous
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Post ID: @uhux+RkHSQgn

any x company to buy Y company, buying company will be make sure there is no debt, less employees and less locations but large customers. So citrix is in the phase of reducing the employees year on year while top elt take home more than us president. people at ground zero are left to beg

by Anonymous
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Post ID: @dvqf+RkHSQgn

i don't wanna even think about this possibility, the consequences are too horrible to even think about

by Anonymous
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Post ID: @dvxw+RkHSQgn

After few months new guards will have their walking papers. Don't be surprised !!!!

by Anonymous
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Post ID: @6cxl+RkHSQgn

so what, at least be thankful you still have a job here. You try looking for work out there and you will see, they should be worshiped .

by Anonymous
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Post ID: @4wbr+RkHSQgn

Ya this was pretty obvious if you saw MF summit speech. The SAP gang is together again which means the old guard is receiving their walking papers.

Layoffs cannot be far behind

by Anonymous
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Post ID: @3xxk+RkHSQgn

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