The RTO is a bunch of Horse_sh*t, if your team is not all in the same office. But speaking as someone with 20+ years of experience, I learned a lot from watercooler conversations, hearing a hallway conversations or people in the next cube discussing... — read more
RT-O SH*T
If you're actually in OT New HR page, but no email yet. 4 days march 5 days sept Emphasis on 'core' hours and a right to disconnect, potentially for places that do not have laws for it
Today is the day
Get ready for the RTO email and the chaos that will ensue North America right away but it will be the same for rest of world shortly once the company has spoken to work councils Get ready for 5 days of coughing / spluttering / loud noise / body... — read more
RTO - the real story
Yes, a new Office First policy will be announced. No, not every employee will be mandated back to an office. Yes, employees currently assigned as hybrid office based will be required to work from that office each day. No more 3 day schedule. This... — read more
What's the truth ??RTO
Email tomorrow? North America only? July or September? Does anyone know anything for sure ?
Watching the stock price drop is delightful
If you're still working there, you need to leave. The iceberg has been struck and Rose isn't going to let you on the door.
The market can see we have z e r o leadership
Stock down to 28. U-k! We have no mega paid people that actually provide leadership. No motivation, no nothing. What a terrible start to 26/
No 5 day mandate
I've heard on good authority that there are no changes to the hybrid schedule planned
When I announcement
If 5 days are coming in. When will it be communicated
Future of virtual
If the return to office thing is happening, can someone confirm what will happen to virtual There are thousands of virtual employees so they won't all be let go Will they be told relocate ? Or will they remain virtual if over 50 miles to an...
Return to office rumours
When’s the email going out ? How long do we have to search for a new job
Stay Tuned-.Hybrid Going Away
No more hybrid schedules. More employees will be assigned to offices as well. 100 percent office requirement. Move or resign. A sneaky way to cut the workforce without having to pay severance.
Stock price
Down 10% last two days and looks like it's going further south. Something must have leaked
Predictions for headcount
Feb 2025 was a bloodbath. Will there be layoffs next month ?
So many jobs open
121 open positions alone in Waterloo, OpenText is hiring lots
Future for OT
How will the company look in two years, OT is still hiring lots all around the world at the moment If the company was going to get smaller or fail then they wouldn't be hiring
Divesture
When will the first one be announced and what will it be
Layoffs
Any layoffs coming up ?
There is no such thing as employee morale
It's a con game. The company has no incentive to care about your feelings. Any and all morale boosting is just managing useful distractions. They dangle carrots, or vague promises they have no intention of keeping, or soft reassurances of your job... — read more
New reorg started before Monday
Get ready leadership ping pong 🏓 starts
Is job security gone for good?
Because it feels like it to me.
Happy new year
Happy new year everyone hope yall have a successful year getting out of OT and landing an actual job in a better / good company. I would say great but even good is better than OT. I will be interviewing over next two weeks. Good riddance OT. They... — read more
So when will OTEX die?
It is no longer a question of if, it is a question of when. Shorting OTEX will be profitable if timing is correct. So, when will OTEX die? According to Yahoo finance, no "analysts" have rated sell.
Will Enterprise Software Stay Sticky in an AI World?
https://www.nerdoutonbusiness.com/p/will-enterprise-software-stay-sticky-in-an-ai-world OpenText is a useful case study for this question. The company runs on long-term contracts and deep switching costs, but AI is making it easier for companies... — read more
2026 prediction
This is what I think will happen CEO won't be a nog enough name Stock will hit 15 dollars Struggle to sell any of the business 20% layoffs
Guess on timing for new CEO??
Will they wait for May-June when the first carve out is announced?
I don't think the damage here can be fixed
At this point, I'm convinced the damage done to this company is irreversible. The problems are so deep and systemic now that even the most talented leadership team wouldn't be able to turn things around. We're past the point of a simple strategic... — read more
Still unemployed
After eight months, I'm still looking for a job. I had a few promising interviews just to get ghosted in the end. I'm lucky because I have plenty of savings to be okay for at least another year, but I know so many folks who are not so lucky. These... — read more
We’re probably heading into the worst year yet
I wish us all the best of luck, and hope we find better jobs at companies whose survival we don’t have to question.
Jan Reorg
Be ready
Far too many employees
Consulting companies for modern tech recommend 1000 per billion revenue, that would mean 5000-6000 employees The math doesn't work and selling 25% of the company won't be enough. For anyone left there will be massive layoffs
Will the company survive
Will the company survive another year ? And if so, how many employees will it have
OT has solutions looking for a problem
Watch this video: https://videos.opentext.com/watch/4WQFRhcuwY5a6Psvn5Tuv2 What problem is this solving? Without Sandy and Mark, there isn’t all the ra-ra so these pitches sound worse than before.
Middle management at Open Text
Middle managers should be clearing paths, growing talent, and preparing teams for the future. Too many here do none of that. Here, problems always get ignored, issues mount, and nothing ever improves. Sometimes I wonder what’s the point of having... — read more
Why No CEO Yet???
Something isn't right. They had a finalist who dropped out? It's been 6 months and suddenly Tom Jenkins has gone cold quiet. There is some significant disagreement going on amongst the board and internal division.
OT stocks
What is everyone planning to do with their OT stocks (from ESPP or other means). Sell? Hold? It is at a much better price than what is was before. so just sell and invest in some better company, or could this go higher than what it is currently. When... — read more
Will the company go under
What are the chances of the company going under in the next 2 years ? Or will it survive and turn itself around
Spending on Fire - no one watching or cares??
There are many, many fun and frolicky events taking place and planned for January and February, sponsored by senior leaders, who have zero concern about spending money. Pretend meetings with special team building events costing hundreds of thousands... — read more
No layoffs in 2026
This is what I've heard
Give employees the gift of better focus
https://blogs.opentext.com/tis-the-season-to-simplify-work-5-ways-ai-helps-teams-wrap-up-the-year-smarter/ Give employees the gift of better focus Perhaps the most meaningful impact of AI content management is how it changes the employee... — read more