CEO of Citrix/TIBCO mashup says company has 'strong foundation' and rolls out the Broadcom playbook of focusing on 'top customers'
The Cloud Software Group, the mashup of Citrix and TIBCO, has confirmed it made at least one thousand staff redundant yesterday.penned by boss Tom Krause states that the biz yesterday"notified roughly 15% of the total Cloud Software Group workforce that their roles have been eliminated or made redundant as part of our planning process for the new company."
Krause wrote that some of the cuts were made in the name of"Eliminating role redundancies in corporate functions and shared services as we operate as a combined business." The rationale for others was"flattening our organizational structure dramatically to drive far greater accountability."Krause's post also details the following reasons for the cuts:
Investing more heavily in product development within our refined product roadmaps, and eliminating resources dedicated to other non-essential areas;Simplifying our internal processes, programs, and systems and the management and administration roles needed to support them.
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