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
The "only sales layoffs" people are the same "hiring and returning to growth people"
HR lackies. 2600 names and counting.
Damn! A Decade Lost on the Stock Chart, Decades Lost by the People Who Built It.
OpenText stock is so low, it looks like it borrowed a time machine and went back to July 2015, probably the last time someone in leadership accidentally made a sensible decision. After decades of people working relentlessly, building systems... — read more
no layoffs in July
On good authority, no layoffs in July except for sales
layoff date
When will invites for July layoff happen ?
Citi's Rank - WSJ - The 2026 Best Companies for the Future
The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. Citigroup ranks #258 overall with an Overall Score of 49.4, slightly above the... — read more
Anybody else worried they'll start PIPing us?
My old company used PIPs when it wanted to get rid of people without paying them severance. It's always possible to find something, anything to justify it. The way things have been going here, I'm starting to worry the same thing will happen. Am I... — read more
Stock Market Signs
On a day when the Nasdaq was up 3%, OTEX was down. That’s a major warning sign that institutional ownership and interest is poor. A rising tide should float all ships. The market isn’t buying the OT story. The upticks since earnings have dissipated... — read more
No recognition
I have recently been in my position 20 years. Know what I got for it? A hat? NO A pen? NO A nice email of congratulations? Nope. Nothing, nada, zilch. That's how everyone should know that OT is in such bad financial shape that they cannot properly... — read more
It's becoming ridiculous
They keep adding more work even though our plates are already full. People leave or get let go, and they're never replaced, meaning we have to pick up after them. At this point, the majority of us are doing sixty hour weeks. Do they expect us to... — read more
What are your thoughts on the CEO's recent email announcing a new investment to create additional roles in Ireland?
He mentioned helping clients innovate through agentic AI, trusted data infrastructure, and other technology investments. Do you see this as a positive sign of growth and future opportunities, or are you taking a wait-and-see approach? How do you... — read more
AI is a scam and OT knows it
https://www.wheresyoured.at/ai-is-slowing-down/ Their AI-first hiring freeze is just an excuse to keep employee numbers, and costs, low. They have no AI strategy and by and large it's a game of showmanship and fakery. Read that newsletter. It's... — read more
Thinking of skipping this year’s OKO/SKO event
With the recent reorganisations, layoffs, and an increasingly demanding workload, my motivation to attend this year’s SKO event is quite low. Also the late evening sessions and a gala dinner that runs late, makes it a long and exhausting day. Given... — read more
New reorganization is coming
Confirmed! New reorganization is coming in July with more layoffs. Sales is impacted now. Good luck.
Opentext Ireland
Fantastic to see Shannon in Ireland this week with the announcement around growth (despite hating who she was standing alongside) . One thing we are in Ireland is a mecca for IT, put simply if you do not have an Irish presence in Europe, globally... — read more
I keep going back and forth on this
One day I think we've got what it takes to climb back up. We've still got plenty of smart people and good products. But then I look at how far we've fallen and I wonder if we'll ever get that back. So I'm asking all of you. Do you think we'll find... — read more
Layoff dates
Anyone any idea when notifications will go out and who will they come from ?
Where did Marketing go?!
I'm in sales and our leads have dwindled down to NOTHING. How are we supposed to grow the company if we have nothing new coming in?
How's today looking?
Any cuts?
And it starts again - June layoffs
The layoffs have started again. A colleague from marketing was let go today. Highly visible guy on social media as well.
Feeling less valued over time
I’ve been here long enough to see how decisions get made, and it doesn’t feel great at all. A small circle seems to have most of the influence, while everyone else just waits to see what changes next. I know no company is perfect, but I’d like to be... — read more
Do reviews affect the upcoming layoffs
Do year end reviews have any bearing on the upcoming layoffs ? Do direct managers have any input ? Is it all cost related ?
fast-tracking performance reviews
Heard from the India team that Muhi Majzoub was in India last week. In a meeting with employees and presence of HR, he basically dropped hints that layoffs are coming down the pipeline soon. Sounds like salary hikes are definitely getting delayed... — read more
Shooting for the stars
Hundred of open position, lots of new customers, very high renewal rates We are a rocketship and the market is impressed
Novell Groupwise new growth
One of the most surprising things that when Opentext acquired MF it included Novell groupwise. It’s been a secret winner ! It sells more than enterprise cyber
FU-K OPENTEXT
FU-K OPENTEXT
The Market is Punishing us
why is our stock down? I must feed muh family.
The market is rewarding us
Stock up again today The market loves our moves and is confident on our hiring plans and return to growth
AI first until it costs too much money
We are told we are an AI first company. Now we are being told not to use it too much as it's costing too much money!
heading down a familiar path
I genuinely want to understand what's going on with CDO. She regularly brings sales people to speak at her town halls, the CEO directs AI roadmap questions to her instead of the product engineering leader, and right before the new CEO takes over she... — read more
Why did the stock tank today?
Something had to be leaked. Huge drop.
Cost of living adjustments labeled as "merit increases" that are really layoffs
As we go into the annual review process, HR is always quick to point out that the employee evaluations have no direct correlation to the amount that an employee might get as a "merit" increase. I have two issues with this: When increases come... — read more
You'd think that after all these cuts, we'd be left with its strongest performers
Sadly, that's far from what happened here. The people who knew how to play politics, who knew how to hide during the bad times, they're the ones who mostly survived. Most of the people who actually knew how to lead, who had real skills and real... — read more
June or July 2026????
Does anyone have any idea when the next round will be, June or July 2026? Please don't assume we're back just because we're hiring. If you've followed the trend over the last few years, OpenText has often hired and then later laid off employees to... — read more
June 4 Announcement
Is a sale being announced tomorrow