Thread regarding Open Text Corp. layoffs

Lmao they didn't even show how separate products did YoY

Holy moly how bad are things really. They've always showed how separate product buckets did YoY. They completely skipped that this time. Dude was literally fumbling his words trying to justify how bad financially things are WHILE READING OFF A CRUMBLED PIECE OF PAPER JUST SO HE DOESNT HAVE TO SHOW THE NUMBERS. How shameless and brain dead are these people really. Manipulate the numbers, have nothing to show for it and then just dont show anything. Fire everyone in the ELT right now, this company is a dumpsterfire.


by
| 28 views | | 6 replies (last 1 day ago) | Reply
Post ID: @OP+1m732ppbf

6 replies (most recent on top)

@ab That is not the point. It was deliberately decided as part of the extensive planning and rewrites that go into these Town Hall presentations/talks, that it was best NOT to discuss the failure of ITOM and Cyber. There are big changes coming to both product groups. Ayman didn't want to open a can of worms around speculation. If he presented the failure of these two business units, he would then be on the hook for conversation about what he discussed.

by
| | Reply
Post ID: @bm+1m732ppbf

@OP
for crying out loud! Why can't people do the most basic research before typing stupid things here. The numbers you demand are public and available on the homepage: https://investors.opentext.com/home/default.aspx
There is an "Investor Presentation" showing the numbers sorted by BU on slide 7 and 8.
The fact they don't show these in the all-hands is one thing. These numbers are usually shown in the BU all-hands, but they are far from hiding anything.
Now, go check to see how bad your performance was....

by
| | Reply
Post ID: @ab+1m732ppbf

Strange, you seem to be missing the point. The tone is set by the board. The board has hiring authority for the elt. If the elt somehow magically got fired the board would hire the same people in different suits becasue the board hired exactly who they wanted to hire and are tellinmg them exactly what they want them to do.

by
| | Reply
Post ID: @a5+1m732ppbf

@a2 I disagree. If they fire the ELT, they would be fired. I would love that to be accomplished. Seriously. That alone would be incredible.

by
| | Reply
Post ID: @a4+1m732ppbf

Firing the elt won't fix anything until the out of touch geriatrics on the board are gone.

by
| | Reply
Post ID: @a2+1m732ppbf

Anything not called out lost huge money. ITOM and Cyber losing money. Big changes coming.

by
| | Reply
Post ID: @a1+1m732ppbf

Post a reply

: