Thread regarding Open Text Corp. layoffs

Will the Grench steal Christmas?

Rumors of layoffs in December.

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| 3671 views | | 18 replies (last January 2, 2025) | Reply
Post ID: @OP+1vH9nwP9

18 replies (most recent on top)

...wonder what the spin will be after this next layoff?

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Post ID: @5e5+1vH9nwP9

Oh, did someone hurt the damage control peoples feelings. You should just stay away from this thread damage control. Your pitiful negative reactions are not going to save your stock options. They are already in the toilet.

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Post ID: @5ds+1vH9nwP9

Please elaborate on the new storm.

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Post ID: @5bv+1vH9nwP9

A new storm has emerged

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Post ID: @xoec+1vH9nwP9

I work with GREAT team members.
It makes me sick to my stomach that many are suffering because inflation keeps rising and none of them get pay raises that will combat it.
Shame on the executive team and board for allowing this to happen.

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Post ID: @ltvc+1vH9nwP9

Some got excellent on their performance reviews and were told no raises. Leadership had no issue taking their raises

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Post ID: @fcdp+1vH9nwP9

If the board had any ba--s the entire exec team would be let go.

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Post ID: @fizo+1vH9nwP9

Heard that Todd is looking shaky in his position

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Post ID: @eupt+1vH9nwP9

They have to something to make the EPS better for Q2! Micro Focus 2.0 but worse!

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Post ID: @anly+1vH9nwP9

Nothing like incentivizing people to put forth the least amount of effort possible.

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Post ID: @9wfz+1vH9nwP9

Better underperformance this round than high performers as previous rounds? Wonder if we can start a class-action for fiduciary negligence?

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Post ID: @6glw+1vH9nwP9

Under performance chopped. Developing on pips

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Post ID: @5zgl+1vH9nwP9

US

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Post ID: @3xvh+1vH9nwP9

UK

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Post ID: @2cpv+1vH9nwP9

Canada

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Post ID: @2ctj+1vH9nwP9

India

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Post ID: @lny+1vH9nwP9

Already happening, where so far?

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Post ID: @zez+1vH9nwP9

Already happening

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Post ID: @scy+1vH9nwP9

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