Citrix and Tibco

Written by Edward Gately
February 1, 2023

In early January, Cloud Software Group (CSG) confirmed layoffs impacting 15% of its workforce, including Citrix and Tibco.

Tom Krause, CSG’s CEO, announced the Citrix and Tibco layoffs in a blog. CSG notified roughly 15% of the Citrix and Tibco workforce that their roles were eliminated or redundant as part of its planning process for the new company.

Last fall, Vista Equity Partners and Evergreen Coast Capital completed their $16.5 billion acquisition of Citrix and combined it with Tibco, creating CSG.

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Edward Gately

As news editor, Edward Gately covers cybersecurity, new channel programs and program changes, M&A and other IT channel trends. Prior to Informa, he spent 26 years as a newspaper journalist in Texas, Louisiana and Arizona.