Layoffs coming September 4, 2019
Reliable sources quoted that the company will announce a round of layoffs and displacements beginning September 4, 2019. Some employees have already been given options to accept severance packages prior to the pending displacements. No word yet on how many team members this will affect. Word has it that middle ranking managers will be the primary group displaced.
More cullings happening right after summit. They need the existing bodies to do demos and smooze with partners but after that it off to the gallows. Sorry kool-aid drinkers , your devotion to a false company will not be rewarded.
More callings happening in November
Wow over 8000 views on this thread
More layoffs are coming in October, November and December so get your parachutes ready.
These new layoffs will be the demise of the company and the existence as you know it.
There were a lot of silent layoffs last week and this week so don’t think it did not happen. The ELT is pulling a wool over everyone’s eyes including Wall Street and it will catch up to them very soon. Remember October is always the month of reckoning and it will be a sledgehammer this time.
Many peoples lives will be destroyed when the SEC catches up to all the lies the ELT has told about subscription revenue.
God help us all.
Wow over 7000 views for this post, obviously citrites are on edge for layoffs
Obviously Citrix workers want to be released with a lay-off package
Very interesting,
Whoever says this is a rumor, is thumb down.
Whoever expects Citrix layoff happen, is thumb up.
Seems everyone wish Citrix layoff ... what an interesting attitude :)
September 4, 2019 has passed, and nothing happend.
So "Reliable sources " seems not so reliable...
Over 6660 views, obviously people get more information here than from their own company.......
when are they going to finally outsource IT and ship it off to India? would save us a significant amount of money.
What a shame? Fake news!
Why you created such rumors and fake news like CNN?
Almost 6100 views....
5800 views on this post...
you could outsource most of the IT department to accenture/india.
Layoffs have to happen now or in October . There is no other way to save the stock and ELT bonuses...
More stealth layoffs coming over the next months. Fasten your seatbelts, it’s going to be a rough ride
So true and well said
Here is a bit of information: MS is now in charge of IT. If you have ever heard the guy speak (in a very private setting), you'll know he doesn't really care about employees as much as the bottom line and his bonus of course. The formerly known as Global Technology and Security (IT) department which was shredded to pieces over the past few years will be going through an evaluation by a third party to identify waste and inefficiencies. Keep in mind that the poor b–tards barely have people to operate their infrastructure. So, yes, they are looking for what else they can cut out. It is highly likely that this is also going on across the entire organization driven by the executive "leadership" team. It is unfortunate to see such a great company go from what it was to what it is today. The question is to what end? People who they have not gotten rid off is because there is absolutely nobody left to do their job. This is not an exageration. Just sit in the courtyard in Fort Lauderdale and eavesdrop on the conversations.
This is every quarter rumor... there is no concrete data that supports this other than rumors coming from “reliable” sources.... pure gossip around.... the stock is getting impacted as so the entire market due to Trump tarrif war.. myself alone has lost almost 50% of my portfolio profit due to the state of the market... the drop in the stock will be blamed on the market and therefore no massive layoffs.. dont panic
Massive, massive, massive culling of the herd is coming. It’s the only way to preserve the ELT bonuses.
With the stock collapse these layoffs are sure to happen
At least a dozen people were let go in Fort Lauderdale on Monday . There were an equal number let go in Santa Clara this week
Here we are once again, what's the severance going to look like this time?
No bonus payout means they need the cash to pay severances.
More details about the layoff coming soon.
It’s going to be a big one.
Major cullings are coming.
These layoffs are guaranteed with the stock meltdown and disastrous financial quarter.
Good luck everyone.
Hopefully they will get SB this time. I received a letter today that now my family members data has also been compromised. The CISO is useless in this security company.
Lots of layoffs in planning due loss of revenue in subscription licensing. The next layoffs will be worse from anything from the MT era...god bless the unwashed masses..
Some early layoffs in IT happening now .
The culling has started early, the financial situation must be more desperate than expected
There is way to many mid managers, I dont know how it ended up like this.
And most mid managers that we have today are really useless. They dont take any actions, no responsibility and provide 0 value. I dont say that every mid manager is like that, but most are just there to whip harder...
This lay-off will include more than just managers. There are some senior technical people on the list
Huge manager herd thinning culling coming soon. All the kool aid drinkers will meet their makers real soon
I hope you’re right and this time the focus is on Managers (middle ranking). There are way... way too many managers “people managers” at Citrix. Most teams can function without a manager. In many cases the managers have nothing to do because the employees are doing all the work and so they play the STRATEGIC CHESS PLAYERS role and spend their day kissing up to leaders to get visibility and pretend like they’re doing work. So played out.
Citrix has been doing stealth hirings for years. The company will quietly onboard a few new employees here and there. Recently, Citrix hired six employees from Engineering at the Raleigh office. Anyone interested Citrix should actively be searching for open reqs and postings.
Citrix has been doing stealth layoffs for years. The company will quietly get rid of a few employees here and there. Recently, Citrix laid off six employees from Finance at the Schaffhausen, Switzerland office. Anyone remaining at Citrix should actively be searching for another opportunity.