Thread regarding Citrix Systems Inc. layoffs

Any idea about unvested shares during layoff? Do they vest immediately? Or they just go away from the account?

Any idea about unvested shares during layoff? Do they vest immediately? Or they just go away from the account?

Is the compensation model same across all geographies?

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| 1691 views | | 3 replies (last October 4, 2017) | Reply
Post ID: @OP+PAKH6eX

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Someone who got terminated today told me that the stocks which are gonna vest in next 30 days might be okay, but other than that everything is gonna go away.

Sorry for your loss. I can bet everyone who's here at citrix is here for all the $$$ they see in fidelity :)

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Post ID: @tio+PAKH6eX

In past layoffs they paid out shares that vested within 60 days. that was the model in the US, cant speak for anywhere else.

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Post ID: @jkc+PAKH6eX

They're lost, agreement says termination voluntary or involuntary

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Post ID: @irk+PAKH6eX

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