One big Ponzi scheme - werkgeversreview Anonieme werknemer bij OpenText

1,0
19 sep 2014
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Exec leadership team seems very optimistic. Company has a "soul" because they haven't laid off 18,000 people (all at once), nor have they shot down an airliner. This cash cow had higher net profit than Amazon.

Minpunten

Survival of the company is predicated solely on repeated acquisitions. Organic growth is not an option, either because management doesn't care or doesn't know how. Cycle goes: Acquire company, lay off as much staff as possible, write off whatever they can, collect legacy revenues, report record growth, then when revenues start to decline (which they will when you don't support and grow with your existing customers), do another acquisition. Employee culture is one of "the walking dead". Everyone is a survivor of a previous acquisition and operates under the specter of being laid off at any time. There is no motivation to excel, only fear. Everyone knows they are expendable and therefore allow themselves to be overworked. Human capital has become human cattle. Absolutely appalling level of micromanagement by CEO, which is understandable when you manage a house of cards like OpenText. No resources expended in either truly integrating all the acquisitions, or in developing a talented employee base.

Ontdek andere reviews over OpenText

5,0
5 apr 2026
Anonieme werknemer
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Friendly management, no hierarchy management , support for employees during sick

Minpunten

Kind of Still old rules for management

4,0
24 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Truly one of the best places to work. The people and the work are both great.

Minpunten

RTO has been challenging but leadership has been understanding.

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