Topics regarding layoffs at Citrix Systems Inc.

Topics regarding layoffs at Citrix Systems Inc.

Layoff of Non Quota Carrying Roles - Sales Folks are Safe

OK, most of them do order taking and there is very little sales going on. Let's keep them. Engineers make our products and things that we sell, so let's see what happens once we stop developing products. I just cannot understand this flawed logic... — read more 

by
| 790 views | | 6 replies (last November 18, 2015)
Post ID: @OP+Evk8n6o

CItrix, ShareFile, LAYOFFS

Maybe not that bad for ShareFile... but looks like that entrepreneurship accelerator is dead in the water: http://www.bizjournals.com/triangle/blog/techflash/2015/11/citrix-layoffs-restructuring-plans-for-sharefile.html

by
| 1020 views | | 2 replies (last November 18, 2015)
Post ID: @OP+EvCrBPh

Elliott Management Pressures

Nov 17 (Reuters) - Cloud computing software maker Citrix Systems Inc, under pressure from activist hedge fund Elliott Management, said it would spin off its GoTo business into a listed company and cut about 1,000 jobs. The company's shares were down... — read more 

by
| 1080 views | | 2 replies (last November 18, 2015)
Post ID: @OP+EvDRRip

Please share the facts

Use this post to share the facts. If a manager said your team would be affected or you got a notification (sorry :( ), post here the product and the role: engineering, sales, marketing. No names required. Let's make it public.

by
| 580 views | | 4 replies (last November 18, 2015)
Post ID: @OP+EvVkwHz

1000 workers to be laid off

A realignment of resources that is expected to eliminate about 1,000 full-time and contract roles, excluding the effect of spinning off the GoTo business. The restructuring will focus on simplification of the company’s enterprise go-to-market motion... — read more 

by
| 480 views | | 2 replies (last November 17, 2015)
Post ID: @OP+EvFHP6z

February vs November

In the February layoff they let go 700 full time and 200 contractors and said it would save the company $90-$100 million pretax. Severance expenses of $40-$50 million. In this layoff of 1000 full time and contractors they are expecting it to save... — read more 

by
| 550 views | | 4 replies (last November 18, 2015)
Post ID: @OP+EvxlrNI

GoTo to be spun off

A determination that a spinoff of the GoTo family of products into a separate public company is in the best interest of all stakeholders, allowing both companies to enhance its strategic focus and respective competitive positions, while permitting... — read more 

by
| 645 views | | 1 reply (November 17, 2015)
Post ID: @OP+Ev2Oq1f

What do I tell my kids if I get laid off?

This is a bit off-topic but here it goes anyway- what do I tell my kids if I get laid off? Both my boys (elem. school) kind of idolize me and are super proud of their engineer dad - I just do not know how I would handle this. I know that some folks... — read more 

by
| 710 views | | 6 replies (last November 18, 2015)
Post ID: @OP+EvQnPBg

Be careful

Folks if you haven't done this already; read the privacy rules and data collection policies of this site. Being an IT nerd, you know what that means.... anytime you write anything, the web server knows where it's coming from. If you are accessing it... — read more 

by
| 600 views | | 6 replies (last November 17, 2015)
Post ID: @OP+EviihZj

What We Know So Far

It is a fact that Citrix publicly stated 1) about spinning off Goto family instead of selling like Elliott publicly recommended them to do. 2) That in July Citrix publicly talked about selling ByteMoble. 3) Elliott Management called for shutting down... — read more 

by
| 663 views | | 1 reply (November 16, 2015)
Post ID: @OP+Eu2K59u

I am back

This board was dead 2 weeks ago. Look at all this traffic now. Hmmm...

by
| 493 views | | 1 reply (November 16, 2015)
Post ID: @OP+EtkKorI

Capitalism of death

What a curse : A wall street wolf goes to valley and sucks up virtualization giants: one is left as step child and other is orphan now! Do you smell fox?

by
| 600 views | | 3 replies (last November 18, 2015)
Post ID: @OP+Errv7eF

Don't be scared

People are spreading lies on this site

by
| 1310 views | | 8 replies (last November 17, 2015)
Post ID: @OP+Er9NkbU

Where is a feedback?

There is too much buzz created about the layoffs. The rumors did attract attention of the people who make decisions. no doubt here. Unless they're completely blind and deaf. Now their silence and inaction are a bad sign. If you want your people to be... — read more 

by
| 520 views | | 2 replies (last November 13, 2015)
Post ID: @OP+EpJGBpB

Some people just love to worry and spread rumors

Anyone in a position to KNOW if more layoffs are going to occur would not be posting to this site. Stop worrying about the things you cannot control and focus on what you CAN control. Stop poisoning yourself by listening to the toxic rumors of people... — read more 

by
| 720 views | | 8 replies (last November 15, 2015)
Post ID: @OP+EpS2EIv

Get ready for Nov 17th

This is not a coincidence. http://www.businesswire.com/news/home/20151109006684/en/Citrix-Systems-Announce-Operational-Strategic-Review-Results Copy of text in case something happens to link Citrix Systems, Inc. (NASDAQ:CTXS), today announced that it... — read more 

by
| 640 views | | 2 replies (last November 10, 2015)
Post ID: @OP+EnHIla9

So who will go?

Who will be included in the 20%, maybe 30% that I've heard will be laid off. Tenure shouldn't equate to "keeping your job." There are hard working people at Citrix, that doesn't include many top level managers. Many managers wear a badge that reads... — read more 

by
| 1300 views | | 19 replies (last November 12, 2015)
Post ID: @OP+EnOxXh2

Any word regarding ShareFile in Raleigh?

Anyone has any feedback or rumor regarding ShareFile i know that this product still continues to be very profitable and is also part of CWC. But i know that Citrix may not even care about that because how decisions are made. Any info will be... — read more 

Citrix SubLease of new Santa Clara Building

http://www.bizjournals.com/sanjose/news/2015/11/04/citrix-seeking-to-sublease-brand-new-170-000-sq-ft.html Just want to know whats may occur to Citrix Raleigh at the end. Is the complete building going to go, Is ShareFile been sold ? I see a lot of... — read more 

by
| 641 views | | no replies yet
Post ID: @OP+Ej40r5u

Citrix Systems Layoffs 2016

What is the likelihood of Citrix Systems layoffs in Fort Lauderdale in 2016? Please let me know if you have any information.

by
| 3500 views | | 9 replies (last May 5, 2016)
Post ID: @OP+EjRLspb

So Henshall and Friedman get better Golden Parachutes

Nice to see that Citrix is looking out for everybody ... not. Yeah, give better golden parachutes to these guys , wtg. http://www.sun-sentinel.com/business/fl-citrix-top-executive-incentives-20151002-story.html

by
| 591 views | | no replies yet
Post ID: @OP+DOIXmF7

Finally laid off the correct person

Mark was a good person, but he's no Steve Jobs. Now the investors will sell off few things Citrix bought that worked (Goto and netscaler) and the divisions that don't get sold need to pray that XA/XD will have some sort of turnaround as a cloud... — read more 

by
| 850 views | | 5 replies (last July 31, 2015)
Post ID: @OP+CIwe4cV

Start a new thread - post a news comment, question or message:

: