Thread regarding Open Text Corp. layoffs

Can OpenText really still succeed?

Let's see...

  • no clear vision
  • no real leadership
  • no accountability
  • bloated executive suite
  • failure to keep products moving forward
  • no real R&D or innovation
  • brain drain

And we are getting rid of MORE workers to fix the sinking ship? When it was the leadership's responsibility to get us ahead? So if they aren't responsible for anything, why are they here again? Let us make the decisions instead, that way if I'm going to be fired it'll be my fault.

And we are divesting as well. So what has been the real purpose of acquiring so much tech? The board members have made these decisions all from long ago until now. Did they finally give up? I stand to argue that none of them know what they're doing and they have no real business sense, they got lucky with some acquires and with their poor business skills have failed to keep momentum going forward.

We were on the right track to fire Mark but we forgot to get rid of the puppeteer, Mr. Tom Jenkins himself along with the board members who have been making these poor decisions after poor decisions since it all started. But that's impossible because ALL the board members are incompetent, and there's no one above. So it's game over.

The final cherry on this cake (truly an insult to us all) is that we hired an executive failure from BlackBerry to take over as the master puppet. Tom Jenkin's hand can reach all the way through and it still won't make a difference.

This is really fascinating and funny to watch evolve in real time. The funnier part is that we have/had the tech to be great. Despite what many of you say about our products being "cr-ppy" which is merely a symptom of bad leadership, we had the chance many times to take it to the next level and instead we sat our as--s down draining whatever life was left of these products until they started to crumble. And then they have the audacity to sp-t in our faces for these failures.

I am truly sorry to everyone who has been and will be affected. The economy is not great, and some of us need our jobs more than ever. You have been failed by corporate toddlers, you deserve better.

As for the corporate toddlers, go back to business school and this time don't skip classes.


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| 1 view | | 5 replies (last March 21) | Reply
Post ID: @OP+1km5nwrc7

5 replies (most recent on top)

As stated previously, OpenText is run like Computer Associates in the 90s and early 2000. Acquire companies, squeeze as much money as you can out of the contract base with little to no investment in R&D, bundling products together and give them fancy names like Unicenter The Next Generation. OpenText’s fate is the same IBM is OpenText’s Broadcom. Maybe things will change, but not counting on it.

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Post ID: @ew+1km5nwrc7

@ak to be fair, Google is as big as it is because it is a data broker. OT has never been in that business.

OpenText has some good stuff. It can succeed by having some focus and commitment to our existing products.

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Post ID: @b2+1km5nwrc7

There are way too many products out there, so it's extremely hard to stand out. And keeping up the innovation game isn't easy either. OT has way more products than Google does, but why is Google a multi-billion/trillion dollar company anyway?

  1. They treat their employees really well! They get flexible work arrangements, fat paychecks, great benefits, and a solid recognition system.
  2. Unlike [that company OT], Google's whole management setup is run by actually talented engineers. Over at OT, incompetent people call the shots, they come up with half-baked solutions, lock down permissions for no reason, and nobody collaborates at all.
  3. They cut products that don't make any money
  4. They've got great leaders
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Post ID: @ak+1km5nwrc7

What's the strategy for July ?

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Post ID: @aa+1km5nwrc7

My guess is that no one wants to buy us. We were likely trying to sell to private equity groups who would have shrunk the work force as much as possible and squeezed existing contracts until they died out... But with no buyers maybe this becomes OT's strategy for July. This tracks with Antoun's area of expertise.

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Post ID: @a5+1km5nwrc7

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