Thread regarding Open Text Corp. layoffs

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


by
| 9 views | | 7 replies (last 1 day ago) | Reply
Post ID: @OP+1m2thp3zv

7 replies (most recent on top)

The markets hates us

There is NO energy in the office . We are firing so many that HR can't keep up

Our stock price is heading down into a death spiral due to all the customers leaving.

There are numerous layoffs on the horizon as our CEO said on the town hall

by
| | Reply
Post ID: @11q+1m2thp3zv

@vt Mkinsey is also doing an 'AI all the things' training with unachievable metrics for select PM and Engineering right now, fwiw.

by
| | Reply
Post ID: @yr+1m2thp3zv

@vz Generating responses like yours is the goal of trolls.

Only id--ts feed the trolls by responding.

Ignore the trolls.

by
| | Reply
Post ID: @w9+1m2thp3zv

It's the company assessement supported by McKinsey.
Apparently it's going for some months now. A preliminary report is expected for mid September.

by
| | Reply
Post ID: @vt+1m2thp3zv

@c9 where were you . We missed you in the last layoffs . You fu--ing id--t

by
| | Reply
Post ID: @qx+1m2thp3zv

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

by
| | Reply
Post ID: @c9+1m2thp3zv

I suspect a lot has to do with, some Business Units will move in to CORE and some out.

by
| | Reply
Post ID: @a5+1m2thp3zv

Post a reply

: