Thread regarding Open Text Corp. layoffs

What will happen this company

In 6 months will the company be bigger or smaller ?


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Post ID: @OP+1m2yp9hvz

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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

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Post ID: @c8+1m2yp9hvz

Smaller

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Post ID: @ax+1m2yp9hvz

@aj , you forgot to mention the $5.973 billion in total debt. So Buckley's chance to grow but 100% to go small to help pay the debt.

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Post ID: @ak+1m2yp9hvz

@a3 there is zero chance of that. The company has 6 billion in revenue and a healthy cash flow, that money doesn't just disappear

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Post ID: @aj+1m2yp9hvz

@OP Does it even matter how big the company is, if you do not have a job? The company might not even exist. All employees could be laid off and ELT would be gone with their golden parachute

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Post ID: @a3+1m2yp9hvz

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