Scalper1 News
Citrix Systems (CTXS) provided investors with a major restructuring plan, including layoffs, along with fourth-quarter earnings that beat analyst estimates, after the market close on Wednesday. The maker of virtualization desktop software and cloud services said it plans to cut about 10% of its workforce, including 700 full-time employees and 200 contractors, which it says will result in annualized pretax cost savings of $90 million to $100 Scalper1 News
Scalper1 News