Software vendor, Citrix, will cut its global work force by 10 per cent after posting a $US36 million drop in net income for the 2008 financial year.
Despite a revenue increase of 14 per cent over the previous financial year, its net income fell from $US214 million to $US178 million.
In a release, the company said the staff cuts were to be part of a broader restructuring program. It joins other US, Japan and European-listed vendors such as Microsoft, Sony, and Nokia in announcing restructuring plans.
Citrix associate vice president A/NZ, Rob Willis, could not confirm the restructuring would affect Citrix’s 160-strong A/NZ workforce.
“The staff cuts will occur within the US and some other regions around the world, however it’s not appropriate for us to talk publicly about the local impact until we have had the opportunity to communicate to our team first,” Willis said.
In September last year, Willis said the vendor would look to overhaul its local channel program early this year as part of ongoing efforts to take its virtualisation infrastructure to the market.