I think revenue will continue to decline, staff numbers will decrease every year and the company might survive as a content company , cloud based with around 8k employees
It's also conceivable that content may not even save us as better products become available. If this is the case then the company will likely dissolve in around 5 years time
@c0 confirmed. The company has turned a corner and we are now heading in the right direction
Revenue will increase, profit dollars will increase and the stock price will make new highs
We need lots of new people for all the new customers
@ab we are hiring and returning to growth
It is clear that OTEX is incapable of maintaining and advancing products. Their one trick, purchase and gut, is impossible to continue because they can't buy any more products to gut.
The existing management has no idea how to develop and maintain advanced products, and they are generally incompetant aholes that fire or drive out those they need most and replace them with dysfunctional COE bodies. The damage is irreversible.
Any products that are not dead yet will eventually be ki-led by this feckless crew.
Competitors unhampered by abysmal management will eventually crush OTEX.
Can anyone name a product category in which OTEX is a leader?
It is fashionable to slag MF, but even MF was not stupid enough to ki-l successful products. Products like Fortify remained leaders in their sector under the MF regime.
Nothing changed since Jabba the CEO was removed. This indicates that the rot goes much deeper than MB. The second-rate CEO from IBM is probably there because he was the only one that would take the helm of the sinking OTEX. He has nothing to lose.