Topics regarding layoffs at Citrix Systems Inc.

Topics regarding layoffs at Citrix Systems Inc.

It didn't work

If the goal was to regain the trust of shareholders and investors by cutting costs through layoffs, it failed miserably. The stock keeps going down and I don't think it'll stop any time soon. Investors know full well by now that no amount of layoffs... — read more 

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| 2781 views | | 7 replies (last November 19, 2021)
Post ID: @OP+1dSYMQEM

Beware of Elliott Management

I was a part of the 2015 layoff and feel sorry for all the staff suffering currently. If there's a single lesson learned for me: Stay away from any company where Elliott Management has a stake in it. This hedge fund people are ruthless, greedy and... — read more 

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| 3180 views | | 4 replies (last November 18, 2021)
Post ID: @OP+1dS2eHzm

Don't think you're safe just yet

This whole restructuring will take 18 months at least to complete. If you believe these were the only layoffs we'll have in that process then you're incredibly naive. There's a good chance we'll be having layoff days at least once a month for the... — read more 

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| 2210 views | | 4 replies (last November 18, 2021)
Post ID: @OP+1dSt8tA9

Influence of constant layoffs on productivity

The last layoffs were for some reason more stressful to me than ever. They laid off a colleague I would never have thought could be a layoff target. As a result, I haven’t been able to focus on work since. At Citrix it all comes down to waiting for... — read more 

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| 3050 views | | 7 replies (last November 19, 2021)
Post ID: @OP+1dR0J8O3

Less than 1 year at Citrix

I have seen several posts of people who were lured to Citrix by being fed lies to only be laid off after 1 year or less being with the company! In some situations 6 months! How could a manager look into someone’s face after feeding them the dream by... — read more 

Citrix Securities Fraud?

Extremely credible sources claim that roughly 1,000 employees were laid from all over the company, HOWEVER, Karen Master from Citrix's investor relations arm claims that "only about 50 people were laid off from the Raleigh office." Citrix, it... — read more 

The layoff package has some not-as-bad parts

This site seems like just griping, but I just got the boot after 20+ years, so I've seen the severance package for US (I am going to retire, so not so bad for me). Although access to Citrix networks is cut off on Nov 15, the "Final Date of... — read more 

Latest SEC Filings re Layoffs

https://www.channele2e.com/business/talent/citrix-layoffs-2021-staff-cuts-restructuring-cxo-departure-amid-potential-software-company-sale/ A sale? Give me a break. They have been talking about a secret sale/deal for years and none of them have... — read more 

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| 1681 views | | 2 replies (last November 18, 2021)
Post ID: @OP+1dR3HxKq

Citrix Layoffs happened on November 15, 2021

The SEC filing indicates that Paul J. Hough from ELT was let go. Here is the filing link (found in Raleigh News&Observer article) https://www.sec.gov/ix?doc=/Archives/edgar/data/0000877890/000119312521328882/d260145d8k.htm

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| 1356 views | | 1 reply (November 18, 2021)
Post ID: @OP+1dRvx8fG

Ladership Failure

This layoff is the direct result of incredible ineffective "leadership" recently brought into the company from SAP. CITRIX the company that was once the industry leader in enabling remote working. However during the pandemic, instead of continue... — read more 

Blast from the past...

Title: Rumor of Layoffs March 13'th Posted: January 28, 2018 33,879 views 182 replies (last September 28, 2018) https://thelayoff.com/t/Rtz3wWu @OP+Rtz3wWu Title: Rizwan Pirani is no longer at Citrix. March 24, 2016 16,916 views 23 reactions... — read more 

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| 1702 views | | 2 replies (last November 17, 2021)
Post ID: @OP+1dRws0u4

Left Citrix and never looked back

There’s life after Citrix. After seven years at Citrix, I became indoctrinated to the culture. I liked the company but it’s leaders were simple d-mb. I’m here to tell you, I’ve never been happier leaving Citrix. My cater has flourished, I’m making... — read more 

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| 2420 views | | 5 replies (last November 20, 2021)
Post ID: @OP+1dRhiwGo

Are they even trying to reduce cuts?

It is terrible what mismanagement in this company has led to, and I believe that the situation will get even worse. People are losing their jobs because of terrible mismanagement and wrong leadership decisions. What bothers me the most is that that... — read more 

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| 2130 views | | 1 reply (November 17, 2021)
Post ID: @OP+1dRP7GrP

Sales, Customer Success, Engineering were hit - but where else?

Not to take away from those reductions but what about Marketing and Finance and HR? Where are their cuts? Any director and above from those departments or is it just the people that had to make, sell and support the cr---y products that were hit?

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| 3051 views | | 7 replies (last November 17, 2021)
Post ID: @OP+1dQCXEd6

4 Year Management Playbook

First year - bad mouth everything inherited - product, quality, culture. Directly or indirectly blame the predecessors. Even founder should not be spared. Second year - enough case built to get funding to fix ‘all the bad things done, by... — read more 

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| 1760 views | | 1 reply (November 18, 2021)
Post ID: @OP+1dQovDuU

EMEA biggest layoff yet

Hearing of Layoffs right to Leadership level. So far know 4 people who got tapped to leave. CS, Sales, Tech Services and Data Analysis teams are being hit hard. I'm hearing that Ireland redundancies are only getting the statutory minimum of 4 weeks... — read more 

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| 3343 views | | 2 replies (last November 17, 2021)
Post ID: @OP+1dQT8qs6

Message to ELT and everyone one on the board.

When you have employees who were not hit by layoffs praying to get laid off or willing to swap with someone who got the invite maybe you should really take a 2nd look. LOL The problem isn't us but the culture you have built. In the 8 years I have... — read more 

When will it be over?

How many days will the layoffs last? Is it done already or can we expect more tomorrow or sometime before the end of the week? Will this spill out into the next week as well? Also, a question for those who were affected, how were you told? Was it a... — read more 

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| 3860 views | | 6 replies (last November 16, 2021)
Post ID: @OP+1dQyaXYB

A word from the Wise:

Check with your accountant before accepting severance check. It may be best to defer check acceptance until 2022. If you accept in 2021 it will count toward 2021 taxable income which is going to cost you. It made a significant difference in my... — read more 

It gets even worse

Calderoni quoted today, “We’ve got too many instances where we have too many people getting compensated on the same deal,” he told analysts. “I don’t think that’s a good thing. I think that not only adds more cost, I think it also takes away sales... — read more 

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| 3310 views | | 4 replies (last November 16, 2021)
Post ID: @OP+1dQAnqxy

Only 50 axed? Or More?

So far I know Customer Success operations, CS director as well, some people in training rotations, some IT folks, greenfield sales, se engineers, and some product management folks. Certainly seems like more than the 50 the news says... Also, anyone... — read more 

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| 3240 views | | 6 replies (last November 16, 2021)
Post ID: @OP+1dQEz1wr

Raleigh engineering - gather here!

Raleigh eng leaders probably rubbing their hands in glee. Made most of this golden opportunity to fire engineers they’ve been targeting for years. Not giving any space to succeed to these ICs or focusing on their strengths. Fired engineers who don’t... — read more 

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| 5520 views | | 56 replies (last November 18, 2021)
Post ID: @OP+1dQtUJWO

Leadership Failure of Epic Proportions

Who would of ever thought 3+ years ago when Citrix employees were warning customers to be prepared for a disaster aka a situation where employees would need to work from home then a world wide pandemic happens but Citrix sinks. It turns out customers... — read more 

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| 2700 views | | 4 replies (last November 16, 2021)
Post ID: @OP+1dPrdTDa

VP Track

It is pretty remarkable how many people get promoted to VP on the heels of subpar performance or even outright failures in their previous roles.

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| 2104 views | | 5 replies (last November 18, 2021)
Post ID: @OP+1dPktASn

Elliott Management Repeats 2017 Strategy

I think at this point nobody is surprised any more - they will continue to cut and to seek those cashflows that they came in for. Plus, let's load Citrix with tons of debt too while we milk all that sweet cash that's coming our way. OMG, what a... — read more 

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| 2450 views | | 2 replies (last November 16, 2021)
Post ID: @OP+1dPC2Qd9

Laid Off from IT!

I was with Citrix less than 6 months. Let me just stay this is the worst company I have ever worked for. I'm not sad or disappointed that I was let go---- I'm grateful they forced me out before the toxic environment got to me. I have reviewed most... — read more 

Inside Sales and Renewals?

Were Inside Sales or Renewals impacted and if yes, to what extent?

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| 514 views | | no replies yet
Post ID: @OP+1dPrI0BR

Wrike - the kiss of death

Incredible how anyone in the elt can still be there who participated in that fiasco. Two plus billion gone and for what?

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