How hard is it to show respect for your employees by keeping them informed on the happenings within the company, especially when layoffs are involved? It is not right to be kept in the dark for this long and to still have to guess if there will be more layoffs tomorrow or not. It's not right.
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Today a manager was laid off, this person spent 10 years+ in the organization. Literally, the person was almost immediately removed from the premises, with no time to say goodbye nor to leave with dignity. The vicious way in which this is done. It is just disgusting.
To the person who asked about the future of HPE products it all depends on how they execute the migration to
Cloud. Also MF has a lot of maintenance revenue and the key is to keep those customers with products that are keeping up to date with the competition. A lot of the products have not seen good investments in a some time. Plus if they want to move to 3 month release cycle not all the groups would be ready to deliver that. The company is clearly micro managed for sure with CEO and ELT wanting to approve anything. Let’s see where that goes as you can’t expect a customer to pay less discounts and pay yearly support increases if you don’t invest enough to make the product attractive. One thing I noticed is that they invest in marketing very well may be too much that things looks really rosy but who knows in the back how it is. Let’s see what their Q3 numbers come out to be, one thing for sure they checked off getting rid of people and meeting their commitment. Not complaining about why they laid off but HOW they did it was a huge turning point for me and many other colleagues who have that HP DNA still running in them.
@5cnl+1mfHazyw How do you see the future of HPE products in the company?
Worst company ever. I was impacted after working 3 decades in HP/HPE/MF and they -all did layoffs but not like how OpenText did. No respect for the individual at all and trying to copy the likes of Google and Meta. System
Down in less than 30 minutes and no time to say goodbye. I wish I was let go from MF atleast I would have gone with respect, higher severance and four months of career counseling. Glad I don’t work in OpenText anymore. I have better values than this piece of sh-t company so why waste my time with them anymore.
I was laid off 17 in April. Restructuring was cited. Just when I finally started to sell something
It would be like Micro Focus takeover of HP Enterprise. Big payout for Kevin Loosemore and then he leaves.
Good to know that he got forced out of his recent company for not improving the company finance.
What was mentioned was the closure of some offices. OT has done that before and employees just work from home when that happens.
The company has to proof that is is profitable, so they can still shave off employees before end of fiscal. There will be other rounds. It was mentioned that some offices will merge. Who knows what is yet to come. Most of us are still shellshocked.
Well. It’s over. Good thing about OT is we normally do it all at once and then done. Of course assuming economy doesn’t contract too much
OpenText is a private equity fund masquerading as a tech company. Like Verizon, employees are window dressing to keep stockholders happy.
You assume that Opentext is a technology company. It is not.
It is a financial fond like Blackrock based on M&A. And therefore they don't care for products, employees or customers, only for financial figures.
To be honest it is better to get fired now because the company with the new interest rates is bankrupt. No way they sustain that with current situation.