How much Stephen Murdoch and other C-Level Folks are about to make?
Open Text merger
So, the merger and possible layoffs are announced few days ago. Any updates? Has it started yet?
MICROFOCUS ARCSIGHT - Are there any layoffs
I am wondering about the HPE ArcSight folks, are they doing O.K.? Is the building still at MOFFETT TOWERS are have they moved.
OpenText is back and the acquisition is now official
https://www.marketwatch.com/story/open-text-plans-to-acquire-micro-focus-at-6-billion-valuation-2022-08-25?mod=mw_quote_news MF stock almost doubling on Friday 26th. Bitter side of the this is the fact that OpenText will also borrow the money to... — read more
Is anyone not considering the option to leave?
I know we always had our share of attrition but lately it’s been crazy. Literally all of the people in my team are talking about leaving the company and a vast majority of them are hitting the job market hard. If 50% of those people leave my team... — read more
Another doomsday (interim results)
Check the H1 performance. Shrink-Leadership is doing their best to stay on shrinking track. Revenues of $1.3 billion (down 6.8% YoY) All products volumes down Employee count down to 11k globally Stock crashed 18% on June 22nd If they manage a... — read more
I'll stick around
I know people are complaining, things can be rough, etc. In short, it depends on the manager you work for. I have a manager that's a great mentor and she's pushing all of us to grow, so this is the reason I am sticking around. I read all the negative... — read more
Growth disappointments
I am quite disappointed and hope to get a better offer soon. Does anyone believe that this company can make significant growth in the near future?
Growth disappointments
I am quite disappointed and hope to get a better offer soon. Does anyone believe that this company can make significant growth in the near future?
More layoffs this month
Why am I now hearing about the possibility of another round of layoffs sometime this month? I thought we were done at least for a while, and now we get these latest rumors. This is too much. I'm not sure how much more of this uncertainty and worry I... — read more
You're being underpaid
Do yourself a favor and start applying for jobs in other companies even if you don't want or plan to leave. It will help you practice your interviewing skills and, more importantly, you'll realize just how underpaid you are when you start getting... — read more
Tired of it all
I'd welcome being laid off at this point. The company has changed too much, all of it for the worse. I want out.
Can anybody please share severance info?
I know it's been a few months since the layoffs, but I just found this page. I'm wondering what was included and if there have been any changes made to the usual package. It's not that I'm not prepared if I'm affected whenever the next round hits... — read more
How are you doing on finding new jobs?
I was laid off in February and I managed to find a new job that pays about the same I earned at Micro Focus within a month. The job has one huge benefit: the work atmosphere is ten times better! I didn't realize how cr---y the work culture was there... — read more
Layoffs have been happening for a few weeks
I know layoffs have started but there's no info on what's going on and what to expect in the coming weeks. Does anybody have ANY details?
Results are out for 2021 (Feb 22) - cost management coming
The results are out since today for 2021. The company continues to shrink. Revenue declined 3.4% on a statutory basis to $2.9bn. On a constant currency basis the decline was 5.3%. For the 2023 plan they committed to reduce the cost base by another... — read more
Massive layoffs coming in the next 4 weeks.
The entire support organization will get layed off. Support Engineers, CSMs, Cases, etc. Support will be outsourced. Get your resumes ready, folks.
The latest "WFR"?
word is on the street there was a recent layoff (typical end of FY layoff). any idea of which groups were targeted?
There’s bad companies
And then there’s Micro Focus. Everyone is leaving
Fitch Affirms Micro Focus, Revises Outlook to Negative
Fitch no longer buys this: https://www.fitchratings.com/research/corporate-finance/fitch-affirms-micro-focus-revises-outlook-to-negative-removes-uco-30-09-2021 The turnaround plan will not fly according to Fitch. Will be interesting to see if MF... — read more
The writing on the wall
We all saw the latest from the financial side and it is now obvious, this company will continue to run a loss over the next 3 years. The stock took another massive knock since the H1 numbers got communicated. All parts of the company in decline, even... — read more
How much more.
I’m an outsider on my team. everyone is tied to management minus myself. Is this the norm here?
Ahead of views?
Question is who's view? All business units across the complete company declined during H1FY21: revenue of around $1.4bn, down 5% revenue in the maintenance segment is expected to decline 8% SaaS and other recurring revenue is expected to drop... — read more
Question before joining
Very unhappy with current role and received an offer to join that’s below my current income. However- Im considering it due to how bad my current situation is. How is the current culture and future at micro focus?
Micro Focus loses $ - Lost lawsuit
This will surely touch their "cost management" and cost... — read more
Moderate decline?
They just released their 2020 numbers. If you look at the details: 10% decline and execution problems for ADM and ITOM. As statement all "in line with the expectations and only the first year of a 3 year plan". Wondering if the market really buys... — read more
Moving on
I’ve been having trouble with my boss from day one and it’s been ongoing for almost a year. He seems to enjoy demeaning me in front of others and bullies/intimidates me on a constant basis. I felt like my hands are tied. I’ve asked my colleagues for... — read more
Cuts incoming?
Rumors are starting up about more cuts, is this true?
Do you consider this to be a good place to work?
I am considering an offer with another company. Pay is almost identical but my comfort zone is here. I weighed the Pros and Cons and came out even. I want more than what the company has to offer in terms of career advancement but this is the only job... — read more
Multiple business units in heritage HP/HPE are cutting staff today.
Waiting for the final body count.
$1bn write off and 12% decrease in revenues... On track I would say
Multiple arcticles after Micro Focus announced their H1 2020 results. Blaming COVID which weird because the first half of the financial year did start way before... — read more
CEO Fired. Stock down 22%
Better run while you still have a paycheck.
Arcsight / US office
Does anyone have the info about engineering dept lay off for Arcsight for US office? We are hearing this merger rumours but nothing solid yet. Being on visa, it would be good if we need to make a move - not getting any clarity from mgmt.
Does anyone have the info about engineering dept lay off for Arcsight for US office?
Does anyone have the info about engineering dept lay off for Arcsight for US office? We are hearing this merger rumours but nothing solid yet. Being on visa, it would be good if we need to make a move - not getting any clarity from mgmt. .. — read more
It's almost November, very popular for layoffs with Micro Focus 2019
Revenue is down, sales are poor, blah, blah, blah. The same thing we hear every time it's time to do salary reviews. BUT November is a very popular time for Micro Focus to layoff due to year-end. Of course, none of these will be for upper... — read more
Revenues falls
What next hopefully MF will resell hpe software when things get better
Transfer
In Sofia and Costa Rica all support staff will transfer to Tek Experts or be jobless, Seems like why have a wfr when you can just drop your staff into another company and get them to perform the same role, while externally still looking like Micro... — read more
Wroclaw, Poland.
Finance got decimated in Wroclaw... This was about three months ago!
Anyone noticed the "death by 1000 cuts"
No big layoff at MF - No no no... that would be bad for the already submerged stock price. And it's what everyone said they would do to try to hit the financial numbers that they proclaimed they would make. Can't take another hit on the stock so... — read more