Thread regarding Open Text Corp. layoffs

Sinking Ship

How do you interpret a new PS SVP coming in who seems to have their act together and then departs in less than 8 weeks? I’m guessing his ability to sniff out mediocrity and bad ELT leadership in CSO and above was exceptional. Not to mention a ranking stock price. OT needs a massive toilet swirl…

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| 1601 views | | 5 replies (last November 6, 2024) | Reply
Post ID: @OP+1vhNq6Xq

5 replies (most recent on top)

Hearing more layoffs today

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Post ID: @5uim+1vhNq6Xq

I was under his business. He came in strong and there was a lot of optimism he could make some positive changes. He did an all hands call and he was gone the next day. It looks really bad. I heard from my leader they told him he could not travel to close q2 pressures. I am sure there is more to the situation but ultimately speaks to someone who is not about it.

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Post ID: @4tqx+1vhNq6Xq

Didn't hear about that svp. What's the scoop?

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Post ID: @4lnq+1vhNq6Xq

Here come the layoffs because the company is too stupid to fire the exec team

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Post ID: @hsc+1vhNq6Xq

Probably just not a fan of Venus Williams /s

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Post ID: @kfx+1vhNq6Xq

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