Cloud Software Groupthe company parent company of Citrix and Tibcohas confirmed the dismissal of more than a thousand of its employeesa number that represents approximately 15% of its staff. The layoffs, although without specifying the number, have been announced by your CEOTom Krause, which indicates that those affected by the layoffs have already received notification of the company’s departure. This is because “their positions have been eliminated or classified as redundant as part of our planning process for the new company.”
Specifically, some of the cuts, according to Krause, have been made to “eliminate job redundancies in corporate functions and shared services as we operate as a combined business«. In other cases, becauseto the dramatic thinning of our organizational structure in order to be much more responsible«. In particular, the latter sounds like a good part of the layoffs have been carried out among middle managers and operations teams.
The manager has also given the main reasons that have led Cloud Software Group to make the decision to lay off a large part of its staff. The first is to focus more on your internal resources, on your main customers, and on your product roadmaps that are in line with the needs of those customers. Also a increased investment in product development with optimized roadmaps, and the elimination of resources dedicated to other areas that are not essential.
On the other hand, they have also done so to increase the group’s investment in technical support, with the aim of improving customer satisfaction; and for simplifying its processes, programs and internal systems, as well as management and administration positions in the company. Krause has not specified, on the other hand, the products on which they will focus the investment, although he has mentioned that the group’s products have been reviewed. It is not known, for now, what will happen to the products that are not considered key.
He has also pointed out that they know “what to invest in next year, what we need to achieve in each area of the business, and what we should focus on as a team. As a result of this measure, we will have more predictable business results, with more realistic plans and objectives that keep the business on track«. Likewise, he added that the decision to dismiss so many workers from the group “have not been taken lightly«.
To this he has added that «they were practical business decisions designed to strengthen the combined companies. As a leader, these are some of the toughest decisions to make. But our actions of yesterday prepare us to grow in the future. We have laid the foundation from which we can develop a great deal of value for our customers, giving us the cash flow to invest in our products, technology, and the future purchases that will put Cloud Software Group on the path to becoming one of the largest companies in the world. of software in the world«.
