the layoffs are “brutal,” with a source telling the publication that “it’s a sad day for a company that pioneered the VDI [virtual desktop infrastructure] market.” Another source told CRN that the layoffs were the “largest Citrix has ever had.”
After years as a publicly listed company, it was announced Citrix was set to go private in January 2022 following sustained pressure from activist investor Elliott Management Corp. Under the deal, Elliott’s private equity firm Evergreen Coast Capital and Vista Equity Partners acquired Citrix for $16.5 billion.
https://siliconangle.com/2023/01/10/thousands-reportedly-laid-off-cloud-software-group-parent-company-citrix/