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BRIEF-Citrix Systems- Expects to record about $60 mln to $100 mln in pre-tax restructuring charges
October 4, 2017 / 8:54 PM / in 13 days

BRIEF-Citrix Systems- Expects to record about $60 mln to $100 mln in pre-tax restructuring charges

Oct 4 (Reuters) - Citrix Systems Inc

* Citrix Systems Inc - ‍restructuring program to include, among other things, elimination of full-time positions and facilities consolidation​

* Citrix Systems Inc - ‍currently expects to record in about $60 million to $100 million in pre-tax restructuring charges associated with restructuring program​

* Citrix Systems Inc - ‍anticipates completing majority of activities related to restructuring program during Q4 of 2017 and during fiscal year 2018​

* Citrix Systems-to incur‍ pre-tax charges of about $55 million- $70 million related to employee severance, about $5 million- $30 million related to consolidation of facilities Source: (bit.ly/2xi8wir) Further company coverage:

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