k2s Posted January 30, 2015 Report Posted January 30, 2015 Citrix Systems plans layoffs affecting 700 full time employees and 200 contractors as part of an unexpected restructuring plan announced with fourth-quarter earnings on Wednesday. The move, aimed at improving efficiency, comes as the virtualization company reports revenue gains of 6 percent for the fourth quarter, to $851 million compared with $802 million for the fourth quarter a year ago. “I’m proud of our 2014 performance, but we’re not satisfied,” Citrix CEO Mark Templeton said in a statement, adding that the restructuring would give the company “a more focused organizational footprint” as it pursues a strategy built on software-defined enterprise products. The Citrix layoffs will happen in conjunction with some products being eliminated — either by sunsetting or by rolling them into platforms as features. For instance, the company’s AppDNA, which converts physical-network apps into virtual-network form, will no longer be standalone. It’s becoming a feature in XenApp Platinum, Citrix’s virtualization tool for Windows apps and operating systems. Likewise, the company’s VDI-in-a-Box, a small-business software package for desktop virtualization, is being eliminated. It will be replaced by a “simpler and more price-competitive version for VDI that we have coming,” Templeton said on a call with investors. The shifts seem geared at moving Citrix’s product line toward virtualization platforms that combine dozens of applications and appliances. “SDx continues to be the standout,” Templeton said, noting growth of more than 25 percent for products related to software-defined infrastructure. For the quarter ended in December, Citrix reported a net profit of $95 million, or 58 cents per share — down 22 percent from same quarter year prior. Adjusted earnings of $1.10 per share beat the Thompson Reuters estimate of $1.02. Shares rose as much as 5 percent in after-hours trading. Citrix, headquartered in Fort Lauderdale, Fla., plans to consolidate its leased office facilities as part of the restructuring, though additional details were not disclosed. The company had 9,166 employees worldwide a year ago, according to an SEC filing.
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Betting Bangarraju Posted January 30, 2015 Report Posted January 30, 2015 Layoff mela goes on... naaku telisinavi below: 1. TCS 2. IBM -- Huge job cuts 3. American Express 4. Citrix 5. Cisco
k2s Posted January 30, 2015 Author Report Posted January 30, 2015 Layoff mela goes on... naaku telisinavi below: 1. TCS 2. IBM -- Huge job cuts 3. American Express 4. Citrix 5. Cisco :3D_Smiles:
bunny007 Posted January 31, 2015 Report Posted January 31, 2015 Layoff mela goes on... naaku telisinavi below: 1. TCS 2. IBM -- Huge job cuts 3. American Express 4. Citrix 5. Cisco American Express kuda na bhayya.....?
VenkatD Posted January 31, 2015 Report Posted January 31, 2015 Layoff mela goes on... naaku telisinavi below: 1. TCS 2. IBM -- Huge job cuts3. American Express 4. Citrix 5. Cisco ee news ekkada vinalede
Spartan Posted January 31, 2015 Report Posted January 31, 2015 American Express kuda na bhayya.....? ee news ekkada vinaledehttp://time.com/money/3678511/ebay-amex-baker-hughes-layoffs/ American Express: 4,000 jobs During the course of 2015, AmEx plans on cutting costs by trimming 4,000 jobs after failing to meet long-term revenue growth target of 8%. The Wall Street Journal pointed to “a stronger dollar, a weak December for retail sales and the sharp drop in gas prices” as forces that hurt the company’s fourth quarter results—which actually showed revenue and profits increasing, just not enough to satisfy investors. The 4,000 layoffs represent 6% of AmEx’s total workforce of roughly 63,000.
sigsegv Posted January 31, 2015 Report Posted January 31, 2015 andhuke cheputhunaa freshers ki .. us ki bache mundhu konchem alochinchandi ..
ipaddress0 Posted January 31, 2015 Report Posted January 31, 2015 andhuke cheputhunaa freshers ki .. us ki bache mundhu konchem alochinchandi .. atla septhe vinar mayya
sigsegv Posted January 31, 2015 Report Posted January 31, 2015 atla septhe vinar mayya agreed .. ma cousin gaadiki chepaa .. nuvvu esukuntoo vacheyadhu ..kaastha work exp teesukoni raa ani .. vinale .. consulting lo 6 months nunchi strugling no job ..
Guest Posted January 31, 2015 Report Posted January 31, 2015 every company is doing this man..konni large scales la..konni small scales la
Spartan Posted January 31, 2015 Report Posted January 31, 2015 every company is doing this man..konni large scales la..konni small scales la companies which didnt maintain correction in 2014...are going to lay off.. proper sales ni batti hiring and cost cutting chesina companies are doing fine... market flow lo correciton ki vellani companies all are in line..for assaming people.
sigsegv Posted January 31, 2015 Report Posted January 31, 2015 every company is doing this man..konni large scales la..konni small scales la yes pani ledhu janaalu ekkuvaipoyaaru .. future lo inkaa jaruguthaayi ..evadi time baagunte vaadu bhathkipothaadu ..
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