Taking a quick poll on most likely predictions at Citrix in 2018
1) Citrix sold to private equity with 20% layoffs
2) shutdown of Citrix Santa Clara site with 20% layoffs
3) no reason 20% layoffs but EM demands it
Sound off
11 replies (most recent on top)
Even Citrix leadership like JR are faking high fives on the cloud growth on linked-in.
Reality is that stock price is all financial engineering and not cloud consumption! It’s a story for Wall Street that doesn’t care about what’s shipping.
Share price increase is a result of spending $2 billion buying back shares. Less shares equals higher price per share, but does not equal increase in market capitalization. So just an illusion of growth, but a real diversion of capital that could be used for innovation.
Funny reading all the tweets and LinkedIn updates by some high fiving each other about share price increase following results... All smoke and mirrors to hide the lack of innovation
@QXCQ6Ns-1ptw because I want my severance package. A year off sounds pretty good to me.
Oh, how prophetic
Restructuring with 20% layoffs
Another restructuring with another 20% layoffs
Or 20% layoffs citing "Operational Efficiency"
Most likely all three options are likely especially any option with a 20% employee reduction
Why don’t you polish up your resume and be ready instead of wasting time here?
Did DH really deny saying that?
DH says there will be “no big lay off event”
DH then orders a “big lay off event”
DH then days he never said there would be no “big lay off event”