Thread regarding Citrix Systems Inc. layoffs

The new reality

Citrix used to be a great company to work for, but all that changed several years ago as market and industry realities, along with years of poor executive decision making, hit all at once. Citrix made a few good acquisitions, but more importantly, several that were total fails. Those products, and the people that came with them, are all gone now. Just like flushing money down the toilet.

Citrix's only profitable product is ancient technology that enables old applications to remain functional until they are replaced by new apps built with new technologies. Very few, if any, companies will develop new apps that run on XenApp/XenDesktop. The Citrix opportunity is drying up, a long-tail business, which is undoubtedly one of the reasons that the company is trying to milk existing customers with "support taxes".

As the market opportunity shrinks, Citrix will likely be forced into a more difficult situation. Layoffs will be standard fare, as it's the only management tool for aligning revenue and costs.

Citrix was a great company, with great community. Not any more. The company will shrink back into the Fort Lauderdale black hole. Revenues will continue in the $2-3B range but it's difficult to see a path to higher profitability as long as the executive mindset continues to be cut cut cut.

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| 1611 views | | 1 reply (October 3, 2017) | Reply
Post ID: @OP+Pw48LeU

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You obviously do not work for Citrix because you are way off on everything you stated. I mean, at least read Citrix.com so you know what our core products/focus are now. Citrites on this site are complaining because we don't want to get laid off because we love working for Citrix. I mean sh--, it's not like we are stuck working for VMware, or F5, etc...

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Post ID: @3mle+Pw48LeU

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