InfrastructureUS

Citrix Layoffs

January 2024

Citrix announced a layoff affecting 1,000 employees (12% of its workforce) in January 2024. The company operates in the Infrastructure sector.

People Affected

1,000

Percentage

12%

Announced Date

Jan 10, 2024

About

Cloud Software Group (CSG), the parent company of Citrix, has laid off approximately 1,000 employees, representing about 12 percent of its global workforce, as part of a streamlining effort to build a stronger foundation for future growth. CEO Tom Krause announced the cuts in a LinkedIn post, noting that many of the affected roles in operations, security, and IT functions are expected to be rehired by partners in an outsourced capacity, potentially impacting around 500 individuals. This move follows a previous 15 percent workforce reduction a year ago and is aimed at simplifying internal processes and better aligning resources with business unit strategies. CSG, formed in 2022 through the merger of Citrix and Tibco, operates in the enterprise software industry and serves over 100 million users globally.