Are we expecting movement this week ? When can we expect notifications
quiet week ahead
Nothing happening this week or next, company is moving forward preparing for kick off , no layoffs
I'm hearing only sales
I've heard that only sales will have layoffs, all the "new way of doing business" is all sales related. Other orgs won't be getting cut
Salary ranges
These are being published on NA jobs now on the intranet The US is so much higher than Canada it's crazy
So long to 8 people next week
Thoughts and prayers to the 8 in sales who will be laid off next week Best of luck !
Pretty sure OT is buying back the stock
No way this green is organic… OT buys from the buyback program… any thoughts?
changes coming - only sales
All this stuff about how we operate is only for sales and their go to market strategy, for everyone else there are no changes and no layoffs
Blood Bath starts next week
Major change is how Opentext operates starts July 1. This change requires fewer people to do all jobs. WFR notifications start next week.
Always waiting for the other shoe to drop
Whenever we get a few weeks of peace, I still can't breathe properly. The anxiety is constant these days since I know what's coming eventually. This is not a healthy way to live.
Update on “Non Core”
There are hiring freezes and management are being very quiet about next FY it’s certainly not business as normal. Rumours of SAP buying DEVOPS/ADM
Sh---y middleware, cant receive IDOC from ts app
Stupid FINET send me my money to SAP you stupid app
July is next week - what's happening
Does anyone have an idea what's actually happening next week ?
Disappointed in the intel
Have to say the quality of the intel has been nothing short of tripe the last few weeks. Those in the know up your game please with specifics. The other id--ts who spam the life out of here can go back to your mums spare room.
OTEX Stock down 37.45% past 6M, 59% past 5 Yrs
But sure, the market l o v e s us...
Declining Prices, Poor Financial Health
Bleeding to death...
Strong stock
Markets are down but otex is way up today - we are a strong company with a strong story which the markets love
Tired of speculation
I can't get worked up over rumors anymore. If official news comes, I'll deal with it. Until then, I'm not wasting my energy.
We're hiring and returning to growth. The market loves ... Oh, wait.
Congratulations, to the OpenText Chairman of the Board, the Board of Directors and the clown show known as the ELT. The stock price is below $20. It is time for the stockholders demand accountability. Jenkins, Bell, Muhi, and the rest of the... — read more
OTEX stock at lowest since 13 years ago!
The OTEX stock has gone down over the past year but it’s now at its lowest it’s been since mid 2013!
When Software Stocks Fly and OpenText Chooses the Basement
Another beautiful day in the market: software companies are flying, AI names are glowing, cloud stocks are breathing fire and OpenText is politely digging downward like it has a strategic partnership with gravity. At this point, the stock chart... — read more
Update on upcoming layoffs. July 3 is a US Holiday
I'm not sure how they will have US layoffs when July 3 is a holiday. I checked in talent central. I work for SMBC and I think they are still doing financial projections or have a buyer that doesn't want to pay. I hate this company and hope I'm part... — read more
20 souls to leave next week
Be mindful of the 20 or so people from sales who will be laid off next week Thoughts and prayers
off sites this week
VP and above having off sites this week, you know what that means That we are hiring and returning to growth
A quick question
If you're new to the company and get laid off, do you still receive a severance package? Or do you have to be here for a certain amount of time?
Net new customers - Growth
The shenanigans and morale is snakes belly low. Attracting new customers is very challenging and I will tell you why the products look legacy in the first 5 mins of a demo (you're toast already but the client does not tell you). PMs in non core... — read more
July - sales
July is for sales only, I've heard around 20-30 layoffs Company retaining most of it's talent , and growing
WAHAHRTG Copypasta Thread Request
I usually come on here for small bursts for mental health. So we went from We are hiring and have returned to growth To immediately calling the inbetween layoffs (that were valid) low skill. To now saying it's only Sales, who have also had pretty... — read more
The "only sales layoffs" people are the same "hiring and returning to growth people"
HR lackies. 2600 names and counting.
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... — read more
no layoffs in July
On good authority, no layoffs in July except for sales
layoff date
When will invites for July layoff happen ?
Citi's Rank - WSJ - The 2026 Best Companies for the Future
The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. Citigroup ranks #258 overall with an Overall Score of 49.4, slightly above the... — read more
Anybody else worried they'll start PIPing us?
My old company used PIPs when it wanted to get rid of people without paying them severance. It's always possible to find something, anything to justify it. The way things have been going here, I'm starting to worry the same thing will happen. Am I... — read more
Stock Market Signs
On a day when the Nasdaq was up 3%, OTEX was down. That’s a major warning sign that institutional ownership and interest is poor. A rising tide should float all ships. The market isn’t buying the OT story. The upticks since earnings have dissipated... — read more
No recognition
I have recently been in my position 20 years. Know what I got for it? A hat? NO A pen? NO A nice email of congratulations? Nope. Nothing, nada, zilch. That's how everyone should know that OT is in such bad financial shape that they cannot properly... — read more
It's becoming ridiculous
They keep adding more work even though our plates are already full. People leave or get let go, and they're never replaced, meaning we have to pick up after them. At this point, the majority of us are doing sixty hour weeks. Do they expect us to... — read more
What are your thoughts on the CEO's recent email announcing a new investment to create additional roles in Ireland?
He mentioned helping clients innovate through agentic AI, trusted data infrastructure, and other technology investments. Do you see this as a positive sign of growth and future opportunities, or are you taking a wait-and-see approach? How do you... — read more
AI is a scam and OT knows it
https://www.wheresyoured.at/ai-is-slowing-down/ Their AI-first hiring freeze is just an excuse to keep employee numbers, and costs, low. They have no AI strategy and by and large it's a game of showmanship and fakery. Read that newsletter. It's... — read more
Thinking of skipping this year’s OKO/SKO event
With the recent reorganisations, layoffs, and an increasingly demanding workload, my motivation to attend this year’s SKO event is quite low. Also the late evening sessions and a gala dinner that runs late, makes it a long and exhausting day. Given... — read more