https://seekingalpha.com/article/4872039-opentext-a-dividend-doesnt-compensate-for-years-of-debt-paydown
Anyone remember the survey?
As the title says - anyone remember the survey we took two months ago where there was a question on ‘are you planning to leave in 6 months?’ Or something like that lol 😆 What was the whole point of it? There’s literally zero effort being made to... — read more
October - Performance based
Traditionally we have had performance based layoffs in oct - is that still the case this year or is it november ?
What is actually going on in Marketing? (Venting)
When leadership basically sawed the marketing department in slices last year, it made zero sense to any of us in the trenches. But honestly, things were such a gong show before that we were just naively optimistic that anything had to be better... — read more
This company is broken see below
They have laid off so many people not one person wants to go the extra mile. Everyone is deflated, everyone says not my department. This company is honestly so fkd up. Why isn’t management stepping up? Protect the base ….. how about treat our... — read more
What will happen this company
In 6 months will the company be bigger or smaller ?
Prediction
The company is currently liquidating legacy assets, rewriting its core operational script, or letting go of divisions that no longer serve it. It is a period of internal "rewiring" that paves the way for massive efficiency. Expect a major battle... — read more
Town hall question
Someone asked CEO if employment would be affected by a project that was going on and CEO said he wouldn't know until the team reported back in mid Sept What were they talking about
Do you know where your employment contract is?
It's dawned on me that during the hiring process, with its flurry of emails and documents going back-and-forth, I didn't get a signed copy of my contract back from OT. (Obviously, OT isn't foolish enough to add a copy to employee profiles in TC.) It... — read more
Soooo all of the noise around AI to partner with an AI company instead of using our own agents?
Am I reading this correct? Am I just stupid? We spent however much money developing Aviator so we can provide agentic AI to companies because we're like an AI company (allegedly) right?? So why are we now partnering with an AI company to bring secure... — read more
Are you following RTO mandate?
We’re 5x back in office since Sep 1. How’s it going? My manager just reminded me about attendance’ - he’s remote btw! I hate going into the office but not landed a remote role yet despite interviewing. So, my act of defiance is coffee badging and... — read more
Chaos
I’m in sales at OT everyone is heads down in PTEP SFDC spending all day filing out stupid fields. It’s so cumbersome….. Q1 is a mess anyone agree ?
The bots are back in force - you know what that means, layoffs time!
You pesky workers! We had a good thing going! All you had to do is go back to your dreadful office every day for the rest of your miserable life, get berated by management, enjoy whatever snacks we stole from the food bank down the road once a blue... — read more
I chose unemployment
I left without another job lined up, and I don't regret it. Having no paycheck for a while feels less frightening than going back to that place, having to deal with an abusive manager who thinks screaming at the top of his lungs is a valid management... — read more
ADM Sale — When?
Seriously, how much longer are we supposed to wait? It’s been almost a year already. When is OpenText finally going to sell ADM?
The markets hate us
The lack of energy in the office is incredible. We aren't hiring so many but HR can't even keep up Our stock price is heading into the toilet due to all the lost customers There are many rounds of layoffs on the horizon as our CEO said on the town... — read more
Start setting some boundaries
For anyone who's completely burned out, here's something I've learned. You can push back on some of the nonsense and the sky doesn't immediately fall. A lot of managers aren't going to fire someone who is still carrying a big part of the workload. If... — read more
The markets love us
The energy in the office is incredible. We are hiring so many that HR can't keep up Our stock price is heading up due to all the new customers There are zero layoffs on the horizon as our CEO said on the town hall
I am officially checked out
At this point, whatever happens, happens. For about a year now my manager has been slowly cutting me out, from questioning why I'm in meetings to giving opportunities I asked for to newer coworkers. I used to get furious about it, but I've realized... — read more
WW Sales Town Hall Today
Amazing to listen to the sales president spin everything. Truth is Q1 is a disaster and the BOD and CEO are going to be making some major changes.
Low rating for new hires ?
Is it true that new hires with less than 1 year tenure are given the "developing contributor" primarily due to them being new to role and not really because of performance reasons? Also, what are the implications of this rating?. I believe... — read more
October layoffs
Anyone know if large layoffs are coming in October ? Aymon mentioned in town hall that large layoffs were only if a company had a profit problem whereas Opentext has a revenue problem so sounds like no cuts ?
Finally. It's here. AI tool to replace ELT
Finally. It's here. Part of my Opentext AI mandate to learn AI. This is what I have learned. There is now an AI tool to replace ELT. It can't do any worse and Opentext get instant cost savings by replacing the entire Suite C level with AI. That's... — read more
The haters guide to the AI bubble
Not only is OT late to the party, but they're rushing to join the worst party. https://www.wheresyoured.at/premium-the-haters-guide-to-the-ai-bubble-3-0/
Congratulations on Awesome Years of Service. Sorry you're getting stiffed on a Monetary Gift
What a piece of Shi$ Mu#i and the rest of the cr-ppy leadership. How about giving up some of the exec pay raises so monetary awards can be given back to deserving employees.
Client executive role the poison chalice ?
I’ve been watching these new CE get their number and realise that they actually are responsible for ITOM Business networks and Cyber. I’ve been invited to their meetings for input…… The ITOM business and Cyber haven’t done big deals in years….. Has... — read more
Performance ratings
How many employees are put in the lowest two buckets (needs improvement and developing contributor) . What if you have been unfairly out into that bucket. Is there any point in challenging it ?
Listen between the lines
What's the change Ayman skirted around during today's town hall? Solutions and teams moving "out of the Core". He is waiting for a recommendation from "the team". His way of putting a WFR blame on others since he is going to follow "the teams"... — read more
Ayman Prove Employees are the Most Important Asset
Take all the bonuses away from M4 and above. Make all M4 and above take a 3% pay cut. Give all M3 and below a minimum of a 5% raise. Then we will believe that you truly understand we are the most important assets the company has and that we need to... — read more
Toxic AF
As thankful as I am to be employed, the nightmare here never ends. It isn’t the work itself that is stressful, it’s the culture. There’s too little focus on competence and too much focus on sycophancy. Some senior “leaders” know nothing, don’t listen... — read more
Fire Marty L and his clowns
Not sure why SLT cannot see their sh---y politics and zero value add to the organization. Shannon bell wake up.
So many lost hours because our IT dept is not run well
I can't tell you how many hours are lost every day because of faulty network or connection issues. I won't report them anymore because they go into a bottomless pit. I just sit and stew about it. and if I'm doing that and everyone else is doing the... — read more
No wonder we cant backfill any positions
The leadership's perfect candidate has wisdom of a 50yo, experience of a 40yo, drive of a 30yo, and will work for pay of 20yo.
When will the next round start?
Does anyone have credible intelligence about when the next round of layoffs will begin and what the target groups are likely to be?
Question for Sales: Is the new model going to work?
Is this the miracle Todd C has bet his career on?
Project unity celebration
Just seen there was a celebration of project unity in the UK with Shannon Bell. I am not sure this migration could have been anymore of a sh-t show. I previously spent 30% of my week chasing approvals (that in 4 years I have never not had one... — read more
Back 5 Days Sept - Watch you Back
Here to shear that there is a massively supportive corporate level campaign to monitor and manage compliance with the RTW mandates. This includes the 5-day requirement for employees who have always been assigned to an office to badge in five days a... — read more