Cloud Software Group Cutting 15% of Citrix-TIBCO Staff
Cloud Software Group, the tech company launched after Citrix Systems merged with TIBCO Software, announced that it’s significantly trimming its headcount.
In a note to staff on Jan. 11, CEO Tom Krause said management has decided to lay off roughly 15 per cent of its total workforce after conducting a “rigorous planning process.”
“While building our plan required the difficult decisions that resulted in the elimination of many roles, we now know where we are investing in the next year, what we need to accomplish in each area of the business, and what we should be focused on as a team.”
Krause added that the reduction eliminates role redundancies and “[flattens] our organizational structure dramatically to drive far greater accountability.”
According to TechTarget, Cloud Software Group employed a global workforce of approximately 15,000 people prior to the layoffs.
The latest round of cuts at the Citrix-TIBCO parent company is expected to affect around 2,250 workers.
Canadian impact
It remains unclear how many Canadian employees at Cloud Software Group are impacted by the reduction.
Samfiru Tumarkin LLP has been contacted by several workers who claim that they have been let go.
Our employment lawyers are following up with affected staff to better understand the situation.
If you’re a non-unionized employee, check out our Cloud Software Group Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.
Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.
If you’ve lost your job at Cloud Software Group for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.
Contact your union immediately. By law, employment lawyers can’t represent unionized employees.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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