The layoffs are over, done and dusted We can now look forward to OKC
Global Mobility - still a pain?
Taking all PTO together this year but it’s not enough for my needs. I need an extra week or two - manager says they can permit remote work if it’s a short duration but with RTO 5x from Sep 1, I’m worried 😟 This is for North America. Will HR &... — read more
Much fanfare over nothing
Sales got hit, rest of company will survive unscathed It's over folks , rest easy
WW Sales & Partner Ecosystem Made an Oopsie
Did anyone else see that the WW Sales & Partner Ecosystem accidentally sent out & then cancelled a call for July 9th today? “Send invite out on July 7” and “(FY26 AE → FY27 CE or C-SSE)” are part of the description. I’m glad I thought to screenshot... — read more
Final number is ~2600.
Good luck all. Started Monday.
OT Stock Price down 27% past 6 Mo, down 55% past 5 yrs
the market knows we are swirling the drain. It knows NOT to reward us because we are not doing anything that should be rewarded.
look at the stock price
We are hiring and have returned to growth Hundreds of open positions with a clear hiring and go to market strategy The markets love us and are rewarding us with a solid stock price
is it over ?
Seems like there were some layoffs already this week , is it over ?
laid off
been there just 8 months, got laid off today with several peers. big changes to the sales/partner org. really cr-ppy to have been lured away from a good job only to have my OT position eliminated a few months after I started.
Nothing again today
No layoffs again today, tomorrow and Friday are holidays Looks like all the rumours were not true, nothing happening
are we expecting movement
Are we expecting movement this week ? When can we expect notifications
quiet week ahead
Nothing happening this week or next, company is moving forward preparing for kick off , no layoffs
I'm hearing only sales
I've heard that only sales will have layoffs, all the "new way of doing business" is all sales related. Other orgs won't be getting cut
Salary ranges
These are being published on NA jobs now on the intranet The US is so much higher than Canada it's crazy
So long to 8 people next week
Thoughts and prayers to the 8 in sales who will be laid off next week Best of luck !
Pretty sure OT is buying back the stock
No way this green is organic… OT buys from the buyback program… any thoughts?
changes coming - only sales
All this stuff about how we operate is only for sales and their go to market strategy, for everyone else there are no changes and no layoffs
Blood Bath starts next week
Major change is how Opentext operates starts July 1. This change requires fewer people to do all jobs. WFR notifications start next week.
Always waiting for the other shoe to drop
Whenever we get a few weeks of peace, I still can't breathe properly. The anxiety is constant these days since I know what's coming eventually. This is not a healthy way to live.
Update on “Non Core”
There are hiring freezes and management are being very quiet about next FY it’s certainly not business as normal. Rumours of SAP buying DEVOPS/ADM
Sh---y middleware, cant receive IDOC from ts app
Stupid FINET send me my money to SAP you stupid app
July is next week - what's happening
Does anyone have an idea what's actually happening next week ?
Disappointed in the intel
Have to say the quality of the intel has been nothing short of tripe the last few weeks. Those in the know up your game please with specifics. The other id--ts who spam the life out of here can go back to your mums spare room.
OTEX Stock down 37.45% past 6M, 59% past 5 Yrs
But sure, the market l o v e s us...
Declining Prices, Poor Financial Health
Bleeding to death...
Strong stock
Markets are down but otex is way up today - we are a strong company with a strong story which the markets love
Tired of speculation
I can't get worked up over rumors anymore. If official news comes, I'll deal with it. Until then, I'm not wasting my energy.
We're hiring and returning to growth. The market loves ... Oh, wait.
Congratulations, to the OpenText Chairman of the Board, the Board of Directors and the clown show known as the ELT. The stock price is below $20. It is time for the stockholders demand accountability. Jenkins, Bell, Muhi, and the rest of the... — read more
OTEX stock at lowest since 13 years ago!
The OTEX stock has gone down over the past year but it’s now at its lowest it’s been since mid 2013!
When Software Stocks Fly and OpenText Chooses the Basement
Another beautiful day in the market: software companies are flying, AI names are glowing, cloud stocks are breathing fire and OpenText is politely digging downward like it has a strategic partnership with gravity. At this point, the stock chart... — read more
Update on upcoming layoffs. July 3 is a US Holiday
I'm not sure how they will have US layoffs when July 3 is a holiday. I checked in talent central. I work for SMBC and I think they are still doing financial projections or have a buyer that doesn't want to pay. I hate this company and hope I'm part... — read more
20 souls to leave next week
Be mindful of the 20 or so people from sales who will be laid off next week Thoughts and prayers
off sites this week
VP and above having off sites this week, you know what that means That we are hiring and returning to growth
A quick question
If you're new to the company and get laid off, do you still receive a severance package? Or do you have to be here for a certain amount of time?
Net new customers - Growth
The shenanigans and morale is snakes belly low. Attracting new customers is very challenging and I will tell you why the products look legacy in the first 5 mins of a demo (you're toast already but the client does not tell you). PMs in non core... — read more
July - sales
July is for sales only, I've heard around 20-30 layoffs Company retaining most of it's talent , and growing
WAHAHRTG Copypasta Thread Request
I usually come on here for small bursts for mental health. So we went from We are hiring and have returned to growth To immediately calling the inbetween layoffs (that were valid) low skill. To now saying it's only Sales, who have also had pretty... — read more