Thread regarding Open Text Corp. layoffs

$600M back to investors

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 value employees again and realize they are the real value drivers.

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| 1771 views | | 6 replies (last August 11) | Reply
Post ID: @OP+1k24vcgyc

6 replies (most recent on top)

Barrenshame gone, looking forward to the next chapter.

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Post ID: @rz+1k24vcgyc

wish granted. he is gone

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Post ID: @qt+1k24vcgyc

Mark B just paying back the people he works for

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Post ID: @f2+1k24vcgyc

Mark gave himself money back. The board, ELT, Mark, etc all have large stock holdings, grants, etc. They aren't doing it for "the shareholders". They doing for themselves, it just so happens to help others that own stock.

The game is always weighted to benefit the "leadership" (if you can call them that)

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Post ID: @c2+1k24vcgyc

Great. Now it's only only needs to climb 32% more to be where it was 5 YEARS AGO

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Post ID: @bh+1k24vcgyc

Stock is up 10%

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Post ID: @bb+1k24vcgyc

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