Here’s what I learned over the past few days “interviewing” people
Sr Dir’s were given the “list” very late in the process. They could suggest corrections but had very little time to fight it
Was told “it’s a complex equation” that was used to select people. It involved performance, team importance, salary ...
They used a 4box quadrant method to create the list (value to org, potential to org)
Each team was given a # to achieve. 15%, 10%... This was done by the bean counters.
Good people were let go. This implies to me they had a “successful history and reputation” but if you’re not in the upper right quadrant (high value, high potential) you’re at risk, especially if highly paid
Bain is not yet thru with analysis. Expect Q1 layoffs in Prod/Eng
Bobby C is just there to execute plan, clear house and get back to the links. That’s why a ceo read his response in the gem. A normal ceo would never do that. Ever.
8’. Mgmt knows attrition is coming. If you heard Donna Kimmel speak, her answer on retention was a joke (great place to work, fun work environment). Expect nothing in terms of retention
Citrix is taking these drastic measures for a reason we yet understand. One belief is they are going “private”. Can’t wrap my head around this but was told by a VP.
Writing is on the wall. Explore your options
This is the rundown I mentioned in my other post. I copied it from https://www.thelayoff.com/t/1dU1baE1