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Citrix to Lay Off 1,000 Employees, Create GoTo Business Spinoff

November 18, 2015 | Telepresence Options

Citrix.png

Story and images by Gina Potthoff / Noozhawk

Citrix Systems, Inc. plans to lay off about 1,000 employees and spin off its GoToMeeting products as a separate publicly traded business, the cloud-based software company announced Tuesday..

The restructuring news comes as the Santa Clara-based company with regional headquarters around the globe -- including one in Goleta at 7414 Hollister Ave. -- released initial results of its operations review.

There was no word Tuesday night on where employees would be eliminated, but affected workers can expect notices this month or in January, the company said.

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