Thread regarding Citrix Systems Inc. layoffs

Severance package

Does anyone know what type of severance package one gets from being later off at Citrix? It may not be a bad thing if one gets nice chunk of change.

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| 4092 views | | 4 replies (last November 10, 2021) | Reply
Post ID: @OP+1dIlWjQa

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bummer - i thought it was 1 month for every year.

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Post ID: @2gyx+1dIlWjQa

Depends on level... Directors, Sr. Directors and VP's have their own programs..

And yes, the packages are good because you sign your rights away when you accept it.

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Post ID: @2apr+1dIlWjQa

Correct. The base can be 4,6 or 10 weeks depending on your level plus 2 weeks per year @ Citrix.

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Post ID: @mux+1dIlWjQa

The ones before were like 6 weeks + 2 weeks for every year (up to 10years). Any PTO left would be half pay.

Assuming they dont change it, the packages are decent.

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Post ID: @lkq+1dIlWjQa

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