The actions of this week are not the end unfortunately. I can tell you with certainty there will be a second wave, either in December or in Q1/Q2 2018 depending on how the current strategy plays. The current layoffs were about the stock price - period. The fact is product bookings are down YOY and that has long-term effects on the available revenue to pay for salaries and investments. If you are still at Citrix, don't listen to what Senior Management says. David Henshall lied to our faces in the GEM when he directly stated there was no plan for layoffs. Watch the bookings and revenue numbers. If you continue to see them show negative YOY growth per quarter - watch out. I won't say which area I'm in, but I am in a senior position at Citrix and we are having these conversations among us regularly.
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Right now the stock price is $79.42. When should it move up? The news of the layoffs is out there.
"with certainty"
Please elucidate.