Thread regarding Open Text Corp. layoffs

Damn! A Decade Lost on the Stock Chart, Decades Lost by the People Who Built It.

OpenText stock is so low, it looks like it borrowed a time machine and went back to July 2015, probably the last time someone in leadership accidentally made a sensible decision.

After decades of people working relentlessly, building systems, carrying delivery, solving problems, and keeping the machine alive, it is truly inspiring to watch a parade of strategic geniuses take over and prove that destruction can also be executed with confidence, PowerPoint decks, and executive bonuses.

The company will survive, of course , companies like this always do. The people who built it get discarded, the decision-makers get rewarded, and families like mine get to wonder how loyalty, experience, and decades of hard work are supposed to turn into food on the plate.

But no worries . I am sure the next 'transformation initiative' will fix everything. Maybe another reorg, another acquisition, another round of cuts, another leadership memo full of brave words and zero accountability. Because apparently, when stupid decisions fail, the solution is to execute them even more relentlessly.


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| 2 views | | 3 replies (last 1 day ago) | Reply
Post ID: @OP+1kvdqg6wv

3 replies (most recent on top)

@OP only sales to be laid off, first week of July

No one else affected

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Post ID: @ab+1kvdqg6wv

@a4 fake news 🤣🤣🤣🍊🍊🍊

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Post ID: @aa+1kvdqg6wv

https://web.archive.org/web/20150520062130/http://www.opentext.com/

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Post ID: @a3+1kvdqg6wv

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