they increased the premium by 9.5% for FY2026, is this the real inflation?

Several orgs impacted. Small numbers but shedding in preparation of a big divesture in the making.

Quoting Proverbs. He is starting to get desperate. I wonder if that's because he knows who is new boss will be and recognizes he will soon be without a job.

This does not bode well. Have a look at CGI layoff. Same playbook. Mistreatment of employees, off shoring to India and layoff being the only solution adopted.

Open Text (NASDAQ:OTEX) announced on Thursday that it has reached a definitive agreement to divest an on-premise solution (eDOCS), a part of its Analytics portfolio, to NetDocuments, for US$163 million in cash. The business to be divested is part of... — read more 

Anyone else not able to get admin rights? Installed new windows 11 version from windows and I can’t get administrator on my new computer, IT keeps declining.

OpenText Corporation (NASDAQ:OTEX) has named Steve Rai as executive vice president and chief financial officer, effective October 6, 2025. Rai previously served as CFO of BlackBerry Limited (BB). Blackberry … hum. I will let you guys guess

Just finished my layoff meet, good luck all.

I found out many Cloud Engineering middle management people left OpenText because of uncertainty and mechanical behaviours of leadership. Out of curious, when i started talking to people over coffee , I learnt that IT under Chan*** have let go many... — read more 

Which has a better work environment? https://www.reddit.com/r/developersIndia/s/IRDuqwVf86

Sometimes I'm puzzled by the director of business development position. It feels like their main tasks,attending calls and presenting targets at QBRs,are things that any competent manager could easily handle. The most confusing part is their constant... — read more 

Is this even legal? It’s a mandatory “training” where all marketing personnel are required to video record themselves and narrate a story based on a script. In my opinion, this is a North Korean-style approach to engaging employees and creating a... — read more 

Boards have one core job: protect shareholder value. Their role isn’t to be friends with management or the CEO — it’s to keep them accountable and make the tough calls when things go off track. The problem comes when boards get too cozy with the... — read more 

When will the second shoe drop?

https://www.reworked.co/information-management/why-opentext-fired-its-ceo-after-13-years-the-end-of-the-shopping-spree/ Another industry professional was more blunt: "My personal opinion is that they only make enough investment to justify their... — read more 

One of the EVP is very close to me and mentioned that they plan to move the entire BDR functionality to India. There are over 200 BDRs in the states and Canada. Wonder what will happen to them.

https://timesofindia.indiatimes.com/education/news/us-may-slap-tariffs-on-it-service-exports-which-indian-tech-jobs-are-at-risk-and-who-could-gain/articleshow/123762260.cms Is Support and R&D considered outsourcing ?

Everyone's whining about Mark B, Sandy, Duggan, Savinay, Shannon, etc ..... But you're barking at the wrong tree. It's the board that everybody should be pi---d at. They are the ones who enabled this mess, fostered it and encouraged it until such... — read more 

This company is not serious about getting better and competing. James is a weak leader. Duggan has vision and cares about this company.

A Memory Book for Mark B? For employees to thank him for all he did at OpenText?? I didn’t think Sandy could get any more delusional or tone deaf, but here we are.

After a lot of back and forth, it's been decided that cyber, the whole of Microfocus Portfolio will be sold in early H2. A private firm is very close to making the purchase but has made it clear to cut 75% of the team and no Marketing/BDR roles to be... — read more 

What would turn this place around? New leadership? New strategy? Something else?

Surprised to see that Mark has not updated his LinkedIn or Twitter.

https://seekingalpha.com/article/4819715-open-text-corporation-otex-presents-at-citis-2025-global-technology-media-and So if you look at our business units, effectively, when you're doing something like training bots, you're talking to the CIO of... — read more 

Insider, any word on when the next round of layoffs will be?

Layoffs are something that happens everywhere, we're not special in that regard. And I still think this is a decent job if you're lucky to have a good team and a good manager. Just my 2 cents.

The outsized focus on India sends a message that every other engineer should be heading to the exit. Just get it over with.

You have a very short window sir to do the right thing until the new CEO comes and sees right through your wall of snake oil and misdirection. Your presentation onstage at the internal kickoff was an hour of wasted time I will never get back. You... — read more 

Spent years giving my all, and now all the constant chaos and cuts have destroyed any motivation. Leadership keeps getting rid of people and acting like we can still deliver miracles. I’m done going above and beyond just to see it wasted. Every task... — read more 

The leadership should be worried, because everybody with any options seems to be preparing to leave. I think people have had enough of this place, its toxicity, and blatant disrespect for employees. You can only push people so far before something... — read more 

Keep an eye on the 8-K filings OpenText must file with the security exchange as a publicly traded company. Any changes which can impact investors have to be publicly available. The various 8-Ks will start pointing out changes around selling off... — read more 

In all honesty pete cittadini would be a good pick https://www.linkedin.com/in/cittadinipete

Digital Fax OSM (ITOM) MF Cyber Portfolio ADM (devops) Core Content Carbonite

https://www.instagram.com/reel/DMf0cKQN2VX/ Congratulations to the board for a fine pick! You can count on them to make the right decision at the right time.

The board has been working with a financial company for a year behind the scenes to prepare any and all parts or the whole for sale. Mark had FY25 to stop the bleed but also, simultaneously, start positioning business units to be lean and attractive... — read more 

This place has been going downhill for so long, its culture eroded so badly, that I truly couldn’t care less about how it all unfolds. I have zero respect for management, and I don’t trust the new leadership either. I don’t even believe they know... — read more 

Leadership at all levels are responsible for making employees feel like cr-p. If you were honest with yourself you would look around and see most of the people around you have been treated like shi_. There is no way to win employees back unless the... — read more 

So they just set a msg about a new recruitment plan? about how the workers are more then just drones, people doing people stuff of work hours? Is this for real? didn't we just cut a few thousand people?

Both ELT and now SLT appear focused on hiring primarily through Rogers Communications’ network of associates - aka, friends. Simply reshaping the organizational structure will not drive real change that's needed. The company is not functioning as a... — read more