WEATHER »

Citrix Cutting 900 Jobs Worldwide


Citrix will lay off 900 employees across its offices around the world, a “restructuring” in the face of projections for decreased revenues, executives told investors this week. The tech company — which had more than 9,000 employees at the end of 2013 — will cut 700 full-time jobs and 200 contractor positions, and also plans on reducing its number of leased buildings. A company spokesperson declined to comment on how many of the 600 Goleta-area employees could be affected and if any of the facilities here would be consolidated.

The cuts will make way for a focus on three branches of Citrix products — Workplace Services, Delivery Network, and Mobility Apps — and save the company money as it anticipates a drop in revenues for the start of 2015 compared to the end of 2014. The last quarter of 2014 brought in $851 million, a slight increase from the previous quarter; the first quarter of 2015 is expected to draw up to $790 million. Executives estimate the restructure will provide $90 million to $100 million in pre-tax savings. The top brass said they will distribute approximately $50 million in severance pay.

Last March, 65 employees within the company’s worldwide online-services division lost their jobs. How many were cut from the Goleta offices — whose focus is solely on that division — wasn’t disclosed.

To submit a comment on this article, email letters@independent.com or visit our Facebook page. To submit information to a reporter, email tips@independent.com.



event calendar sponsored by:

Goleta Library May Expand by Two, or Four If You Count the Twigs

City Council approves fee allocation; goes next to branch library cities.

Foodbank Turkey Drive Suffers from Truck Accident

Nonprofit is trying to replace $145,000 in equipment and food lost in accident last month.

County Eyeing Private Montecito Land to Build New Debris Basin

Supervisors have started the negotiation process with Randall Road parcel owners.

Increase in H2A Farmworkers Raises Housing Concerns

Santa Barbara County supervisors moving to streamline permit process.

Cannabis Taxes Generate $1.8 Million

Santa Barbara County releases first quarterly report.