Thread regarding Open Text Corp. layoffs

What's the truth ??RTO

Email tomorrow? North America only?

July or September?

Does anyone know anything for sure ?


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| 1671 views | | 13 replies (last January 23) | Reply
Post ID: @OP+1kfgvv1t5

13 replies (most recent on top)

Today was the day. Good intel on thie site.

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Post ID: @g0+1kfgvv1t5

Classic OpenText, cut development on products and then raise prices https://www.concensus.com/blog/opentext-price-increase/#:~:text=Many%20teams%20assume%20academic%20pricing,Assessing%20Your%20Institution's%20Risk

All to cover up churn and give the appearance that revenue is steady. This can’t last.

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Post ID: @bz+1kfgvv1t5

The truth is this company is the worst run company on the planet.
It created an advisarial relationship between employees.
Who wants to give any of their hard earned knowledge to a bunch of associates who got hired to replace us in another country.
We created great products and get rewarded by having the company phase us out.
Can't wait to work for a customer some day and show them all the open wounds that exhist because the true creators were pushed out by people who couldn't replace our knowledge in a decade!

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Post ID: @bx+1kfgvv1t5

@bb but sadly we were not polled for decisions that matters.

That train has left the station. That decision cannot be reversed.

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Post ID: @bw+1kfgvv1t5

We are going to lose some masters on the engineering side of the house. Maybe not right away, because it's a tough market, and who the F--K wants to start over when they have been a master of their domain for more than a decade. It's better to face the devil you know sometimes.
In a good market, the talented people will leave for better digs. They won't forget what a-wholes this company was to them.

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Post ID: @bs+1kfgvv1t5

@ax honestly.

Because the people that can plan a departure between RTO announcement and implementation? That's probably the talent that get their pick of gigs. We need them here.

Literally THAT IS THE WORST THING WE CAN BE DOING.

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Post ID: @bb+1kfgvv1t5

@ax We are currently stuck in a cycle where we must cut costs to pay debt, but cutting costs degrades the product, causing customers to leave, which forces us to cut more costs. RTO wont end this vicious cycle. Rather it just cuts costs through attrition in the short term to get more money to pump into the ELT stock bonus Ponzi scheme. Now one is solving anything.

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Post ID: @b8+1kfgvv1t5

trust me. RTO will not help the problem Opentext is facing now

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Post ID: @ax+1kfgvv1t5

and meetings are already happening to tell us we need to get ready for commutes.

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Post ID: @aj+1kfgvv1t5

@a8 They have already computed how far every single virtual worker lives from an office. There is already a list of names that will be required.

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Post ID: @af+1kfgvv1t5

Comms Thursday
Starting with 4 days back then to five Effective 5 days in September
30 miles from office required to go back…will have to re-sign employment agreement with a certain time frame to abide or get terminated
Starting in North America and the UK

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Post ID: @ae+1kfgvv1t5

I'm in the USA
I was just asked how far I live from an office. Nothing more. Just asked the distance to the nearest office.

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Post ID: @a8+1kfgvv1t5

Every other company in existence has been issuing RTO orders for over a year now. OT is pulling back on everything, selling pieces off, and PIP-ing people out of roles to save salary dollars. How in the world could anyone NOT believe this is real? It is easily one of the simplest and most effective way of accomplishing the goal of reducing headcount at zero cost to OT.

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Post ID: @a7+1kfgvv1t5

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