Thread regarding Micro Focus layoffs

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 around 5%
consulting revenue is expected to fall 9%

How can this be sold on a positive note knowing the decline is going on since years?

| 1812 views | | 3 replies (last )
Post ID: @OP+1aU4Gn2c

3 replies (most recent on top)

MicroFocus sold SUSE several years ago to raise cash. Maybe now SUSE should purchase MicroFocus?

Post ID: @Uguq+1aU4Gn2c

Micro Focus gets more than 62% of revenue from maintenance, surely one of the highest ratio in the industry. It's total revenue has been dropping by over 10% per year for the last 3 years. With customers moving to better competitors, the maintenance revenue can no longer be relied on to keep propping up the company. It's dying a slow death.

Post ID: @2lzb+1aU4Gn2c

The revenue declines are hardly surprising. The ITOM product group is suffering badly. SMAX was very late to cloud and getting no market traction. OpsBridge is overly complicated, and the days of an enterprise manager of managers is long gone. It doesn't even support the latest Oracle DB's, and its APM product is ancient.
The ADM product group is also uncompetitive, with little development in recent years.
When you couple the product issues with the pervasive toxic sales management culture, the decline is to be expected.
So many people are leaving, and they can't find any replacements with zero job applicants in most cases. The market has spoken.

Post ID: @1glo+1aU4Gn2c

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