Bye 👋

Is this good or bad though lol

Long long overdue. The company can now get back on track to making good products instead of funnelling money into The Hut’s pockets. The board members finally woke up from their decade long nap. Good riddance.

So mark decided to give $600M back to investors while firing employees firing 2000 people. It didn’t help the stock at all. He ran the business into the ground. Why doesn’t the board do what is fiscally responsible and fire him. When will someone... — read more 

Received Mark's email and it sounds very positive. But analysts are describing a different outcome. Did OT have a solid FY?

Wake Up OT. Karma is a Bitc_. Treat the employees with respect and pay them better and you may have a chance for the the stock to come back. Othewise it's going to continue to circle the drain.

Just want to say that all the people complaining here are toxic. When we joined this company, we committed our focus and energy to help increase revenues and be a part of a dynamic team. When we become negative, badmouthing on an anonymous forum, we... — read more 

For those that are still part of the bonus pool, what are the chances of a FY25 bonus? And when will it be paid out?

I’m very curious about the reasons behind the quiet rise in stock prices these past few days. I suspect insiders might be deliberately driving up the price so they can profit big when the stock crashes after the earnings report. The company’s stock... — read more 

To anyone grinding through the chaos—just know you’re not alone. This place can wear you down, and it’s okay to admit it. Prioritize you. The stress, the silence from leadership, and the lack of care? It’s not worth your sanity. If they treat you... — read more 

Another reason why the tech industry makes people feel a sense of degeneration is that the approach to doing things has changed since the rise of Indian assistance. US engineers who excel in the technology industry mostly have a good education... — read more 

I understand the urge to walk out, trust me, the daily disrespect takes a toll. But consider this, both severance and unemployment benefits require being laid off, not quitting. Isn't it better to tolerate a few more months to secure severance? Just... — read more 

After OKO, it’s clear That OT has no team AI plan. The great new features shown by the EVP product was nothing more than generic AI garbage and the podcast piece at the end was notebook LM. I see the new chief product officer is as clueless about... — read more 

I used to think experience and performance would protect me, but at this place, high pay seems to paint a target on your back. If you’re earning more than your peers, don't get too comfortable. Keep an eye out and make sure you’re not the most... — read more 

Curious what is your individual take.away from the kick off?

https://www.newswire.ca/news-releases/opentext-announces-chadwick-westlake-to-pursue-ceo-opportunity-in-canadian-banking-sector-827492416.html Chadwick Westlake, EVP and CFO of OpenText, will step down to become President & CEO of EQB. Cosmin... — read more 

Embarrassing. The AI videos showing OTs plan for AI, panning the center, etc was embarrassing to watch. Middle School students create better media.

I came to know from a friend that he was recently laid off and he filed a wrongfully dismissed case again Opentext.

I’m intrigued by the speculation surrounding Mark’s anticipated announcement at this year’s OpenText World on Tuesday. The venue selection presents a notable departure from convention. Whereas this corporate gathering has traditionally been hosted at... — read more 

In two sentences can anyone give a clear description. “Hint ChatGPT can’t”

As discussed in previous threads, layoffs in early July will target Managers with a low number of reports to consolidate teams. Anything?

Between layoffs and attrition, we're down to bare bones. We lose more folks, they might as well just get rid of the entire team. We can't continue like this. They might think they can keep adding to our plates, but there comes a point where nothing... — read more 

I’ve been covering enterprise software for the Journal for several years, and I wanted to weigh in on some of the speculation I’m seeing here about OpenText. First, the AI replacement angle that keeps getting floated around various forums doesn’t... — read more 

There is a reason why the stock is holding up.. acquisition imminent DYOR

Ireland, Canada, managers in the US, many I notified this week, group next week, expect an email from Mark on FY26 staff changes.

Life pro tip… sometimes managers have their calendars open. If not, at least you can see when they are busy. If nothing else, if you see a lot of small appointments they don’t normally have it may be an indication of changes coming. Do it now... — read more 

Somebody told me we should be good on layoffs for a while, but it sounds a bit too good to be true. Is there any truth to it?

If you are a US based opentext employee. It's over. You have no more than one more fiscal year left if you are lucky. The Fort Collins office closed in March last year and they laid off half the staff in July. The remaining teams are seeing India... — read more 

Any new 15 minute meetings scheduled for anyone?

Share holders are loosing hope on MB https://www.defenseworld.net/2025/06/07/open-text-co-nasdaqotex-shares-sold-by-ameriprise-financial-inc.html

https://www.pax8beyond.com/pax8beyond-agenda/ Does Pax8 think that OpenText has “integrated their AI-based products and processes”? And I guess “flexible” pricing models means having no solid pricing structure at all. OpenText definitely does not... — read more 

Seriously. How many more years of worrying about keeping your job can you stand? Go work in a book store, a gas station, anywhere. Just go anywhere doing anything else other than making more money for that human bloat MB.

Rumours have been swirling advanced talks with SNYK and Insight that owns TRICENTIS. Opentext wants to dominate the SAP space

After laying off 1600+ employees, is it tone deaf for Mark and friends to publicize a huge 35th anniversary celebration with live music on LinkedIn?

I thought they're done with layoffs for this year, but apparently not. just found out that two IT people I closely worked with got canned today, both from the UK.

This really says it all - https://www.youtube.com/watch?v=jNN4BdBcwhA

https://www.reddit.com/r/OpenText/s/qUq4zgM33f I would tell them no, even in India.

From the OT Q3 FY2025 Financial Results at https://www.prnewswire.com/news-releases/opentext-reports-third-quarter-fiscal-year-2025-financial-results-302443218.html?tc=eml_cleartime It's happening in Provo, consolidating to two floors, closing the... — read more