Topics regarding layoffs at Micro Focus

Topics regarding layoffs at Micro Focus

8% Job Cut

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?

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| 1240 views | | 1 reply (February 1, 2023)
Post ID: @OP+1kYN2YlC

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 

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| 4700 views | | 8 replies (last February 1, 2023)
Post ID: @OP+1ipkG62g

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?

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| 704 views | | no replies yet
Post ID: @OP+1gMK5X0L

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 

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?

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| 2580 views | | 4 replies (last January 21, 2022)
Post ID: @OP+1e5oh4f3

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 

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| 1730 views | | no replies yet
Post ID: @OP+1de3I5qa

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 

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| 2510 views | | 3 replies (last December 14, 2021)
Post ID: @OP+1bU8s7bc

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?

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| 1370 views | | no replies yet
Post ID: @OP+1akmpclB

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 

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| 2120 views | | 2 replies (last February 14, 2021)
Post ID: @OP+19lGelXE

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 

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| 2760 views | | 4 replies (last February 23, 2022)
Post ID: @OP+18jiQ7lz

Cuts incoming?

Rumors are starting up about more cuts, is this true?

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| 2020 views | | 2 replies (last December 16, 2020)
Post ID: @OP+18jU8En5

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 

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| 2190 views | | 4 replies (last November 2, 2021)
Post ID: @OP+17YT76AO

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.

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| 1071 views | | no replies yet
Post ID: @OP+131sp1aF

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 


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| 1930 views | | 1 reply (September 21, 2020)
Post ID: @OP+ZqKXGA1

Wroclaw, Poland.

Finance got decimated in Wroclaw... This was about three months ago!

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| 1230 views | | no replies yet
Post ID: @OP+YZhvjbC

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