I've heard on good authority that there are no changes to the hybrid schedule planned

If 5 days are coming in. When will it be communicated

If the return to office thing is happening, can someone confirm what will happen to virtual There are thousands of virtual employees so they won't all be let go Will they be told relocate ? Or will they remain virtual if over 50 miles to an...

When’s the email going out ? How long do we have to search for a new job

No more hybrid schedules. More employees will be assigned to offices as well. 100 percent office requirement. Move or resign. A sneaky way to cut the workforce without having to pay severance.

Down 10% last two days and looks like it's going further south. Something must have leaked

Feb 2025 was a bloodbath. Will there be layoffs next month ?

121 open positions alone in Waterloo, OpenText is hiring lots

How will the company look in two years, OT is still hiring lots all around the world at the moment If the company was going to get smaller or fail then they wouldn't be hiring

When will the first one be announced and what will it be

Any layoffs coming up ?

It's a con game. The company has no incentive to care about your feelings. Any and all morale boosting is just managing useful distractions. They dangle carrots, or vague promises they have no intention of keeping, or soft reassurances of your job... — read more 

Get ready leadership ping pong 🏓 starts

Because it feels like it to me.

Happy new year everyone hope yall have a successful year getting out of OT and landing an actual job in a better / good company. I would say great but even good is better than OT. I will be interviewing over next two weeks. Good riddance OT. They... — read more 

It is no longer a question of if, it is a question of when. Shorting OTEX will be profitable if timing is correct. So, when will OTEX die? According to Yahoo finance, no "analysts" have rated sell.

https://www.nerdoutonbusiness.com/p/will-enterprise-software-stay-sticky-in-an-ai-world OpenText is a useful case study for this question. The company runs on long-term contracts and deep switching costs, but AI is making it easier for companies... — read more 

This is what I think will happen CEO won't be a nog enough name Stock will hit 15 dollars Struggle to sell any of the business 20% layoffs

Will they wait for May-June when the first carve out is announced?

At this point, I'm convinced the damage done to this company is irreversible. The problems are so deep and systemic now that even the most talented leadership team wouldn't be able to turn things around. We're past the point of a simple strategic... — read more 

After eight months, I'm still looking for a job. I had a few promising interviews just to get ghosted in the end. I'm lucky because I have plenty of savings to be okay for at least another year, but I know so many folks who are not so lucky. These... — read more 

I wish us all the best of luck, and hope we find better jobs at companies whose survival we don’t have to question.

Be ready

Consulting companies for modern tech recommend 1000 per billion revenue, that would mean 5000-6000 employees The math doesn't work and selling 25% of the company won't be enough. For anyone left there will be massive layoffs

Will the company survive another year ? And if so, how many employees will it have

Watch this video: https://videos.opentext.com/watch/4WQFRhcuwY5a6Psvn5Tuv2 What problem is this solving? Without Sandy and Mark, there isn’t all the ra-ra so these pitches sound worse than before.

Middle managers should be clearing paths, growing talent, and preparing teams for the future. Too many here do none of that. Here, problems always get ignored, issues mount, and nothing ever improves. Sometimes I wonder what’s the point of having... — read more 

Something isn't right. They had a finalist who dropped out? It's been 6 months and suddenly Tom Jenkins has gone cold quiet. There is some significant disagreement going on amongst the board and internal division.

What is everyone planning to do with their OT stocks (from ESPP or other means). Sell? Hold? It is at a much better price than what is was before. so just sell and invest in some better company, or could this go higher than what it is currently. When... — read more 

What are the chances of the company going under in the next 2 years ? Or will it survive and turn itself around

There are many, many fun and frolicky events taking place and planned for January and February, sponsored by senior leaders, who have zero concern about spending money. Pretend meetings with special team building events costing hundreds of thousands... — read more 

This is what I've heard

https://blogs.opentext.com/tis-the-season-to-simplify-work-5-ways-ai-helps-teams-wrap-up-the-year-smarter/ Give employees the gift of better focus Perhaps the most meaningful impact of AI content management is how it changes the employee... — read more 

Does anyone know where Sandy went? Fired or resigned? (may have been covered here but) Brian Sweeny is gone as of last month. Any more expected executive departures from the old guard? Paul, James, Shannon .... I'm looking at you.

Besides the people that were let go, the impact on their families and this ever changing landscape, where it is difficult to find a new job, there are other casualties as well: Work that will fall on the decimated teams, survivors guilt, and... — read more 

How many people got let go yesterday

How do you get to be an executive and not understand the golden rule of always tell the truth. People respect you when you are truthful and explain why painful things have to be done. Guess who has z e r o respect? The coward who cannot even... — read more 

NetDocuments acquired eDocs from Opentext. Does anyone know of any other noncore solution being sold off? https://ca.finance.yahoo.com/news/opentext-sells-non-core-business-120629553.html

What happens when an employee is laid off after a divestiture? Like when a severance is paid how many years of service is taken into account: is it the number of years at OT or at the new company? or do employees get a severance during divestiture?... — read more 

With the plan of divesture and consolidation and rationalisation etc, will the new CEO just continue along this path ? Could the CEO change course again ?