Thread regarding Open Text Corp. layoffs

AI is a scam and OT knows it

https://www.wheresyoured.at/ai-is-slowing-down/

Their AI-first hiring freeze is just an excuse to keep employee numbers, and costs, low. They have no AI strategy and by and large it's a game of showmanship and fakery.

Read that newsletter. It's fun and informative and he's got something coming up soon that should be a hoot.


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| 3 views | | 8 replies (last 7 days ago) | Reply
Post ID: @OP+1kv5vvrf5

8 replies (most recent on top)

Is there any truth to SAS potentially acquiring us? https://www.sas.com/en/whitepapers/introducing-the-ai-agents-life-cycle.html?

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Post ID: @1w9+1kv5vvrf5

So the end of the year for opentext is June 30th...the group I am in is not performing that well. Do you think they might have another layoff now before the start of the new year? I want to squeeze in a severance before I head to a new gig

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Post ID: @1gp+1kv5vvrf5

Honestly if you think AI is hype you’re misled. That said I’m sure there is a bubble and prob like dot com time but that isn’t yet.

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Post ID: @1fd+1kv5vvrf5

@OP I doubt OT leadership can get beyond the AI hype. They're probably all in.

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Post ID: @av+1kv5vvrf5

@a9 I mean, he's only talking actual facts and figures and verifiable numbers and dollar amounts, but when you come in with a dismissive personal slight like that... Well, you've made me a believer!

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Post ID: @at+1kv5vvrf5

Zitron hasn't a clue what he is talking about

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Post ID: @a9+1kv5vvrf5

Read this latest from ot

https://www.prnewswire.com/news-releases/opentext-to-create-400-jobs-with-105-million-investment-in-cork-and-galway-to-expand-agentic-ai-and-sovereign-cloud-in-europe-302799400.html

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Post ID: @a8+1kv5vvrf5

We can't even afford to let engineers use too much credit the equivalent of $10 each

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Post ID: @a5+1kv5vvrf5

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