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 

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 

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 

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 

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 

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 

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 

Confirmed! New reorganization is coming in July with more layoffs. Sales is impacted now. Good luck.

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 

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 

Anyone any idea when notifications will go out and who will they come from ?

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?

Any cuts?

The layoffs have started again. A colleague from marketing was let go today. Highly visible guy on social media as well.

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 year end reviews have any bearing on the upcoming layoffs ? Do direct managers have any input ? Is it all cost related ?

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 

Hundred of open position, lots of new customers, very high renewal rates We are a rocketship and the market is impressed

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

why is our stock down? I must feed muh family.

Stock up again today The market loves our moves and is confident on our hiring plans and return to growth

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!

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 

Something had to be leaked. Huge drop.

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 

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 

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 

Is a sale being announced tomorrow

The constant manipulation by management just wears you down until you don't even recognize yourself anymore. Trust me, it's not worth it.

With rumors of an announcement this week, anyone have info? Which product line is getting released?

Finally we are recovering, i think this is a great long term hold with our pivot to AI Thank you to our fearless leaders

How do we get back to break even?

Up another 5% today - the market understands that we are hiring and have returned to growth

May the odds be ever in your favor.

Layoff is commencing July 2 for NA region (since July 1 is a holiday) EU and others will continue the week following. Have been told it’s anywhere from 8-15% of WF. Good luck to all

Anyone got it?

Another business unit is being sold next week, can confirm this amount is enough to keep 9% of the WF until next year instead of terminating this July.

We are returning to hiring and growth.

They always have an excuse on earnings calls. Covid, Presidential elections, war, gas prices, etc. When will analysts call their bluff? They’re so far off from paying off their debt. If they don’t do sell offs, they will continue to cut expenses... — read more