It’s here...
The Elliott Management endgame has been finally revealed. The culling layoffs before selling the company to private equity or a larger company.
Remember this is what EM did to EMC before the forced sale to Dell. That move had an across the board 20% lay-off before the forced sale to Dell. All employees over 50 years old were forced to take the layoff package or be fired. Michael Dell is known to be personally grinning above the defeated husks of all the destroyed executives and destroyed families after the acquisition. He takes personal satisfaction with this kind of m---acre and carnage.
Nobody has ever been the same at EMC after the shell shock move. it is a sham of its former glory with absolutely no innovation.
It is just a revenue generating sweatshop outfit for Dell.
Now Citrix will be sold to private equity or Dell possibly .
Everyone over 50 years old will be layedoff and left to fend for themselves.
This is it people, the Citrix we knew will be gone soon.
God bless us all......
https://nypost.com/2019/04/03/software-giant-citrix-hires-goldman-to-explore-sale-after-singer-push/
https://www.marketwatch.com/story/shares-of-citrix-systems-jump-nearly-7-on-report-it-hired-goldman-for-a-potential-sale-2019-04-03?mod=markets
https://www.channele2e.com/business/talent/citrix-systems-layoffs-2019/