Melissa Fricke, M.A.’s Post

📰 News: 📰 🚀 OpenText's Bold Move: Strategic Optimizations Meet Innovation 💡 Hey everyone! Let’s talk about a major shift happening at OpenText that’s shaking up the tech world 🌍. OpenText is rolling out a business optimization plan that’s designed to turbocharge its growth and innovation. And trust me, the numbers are as big as the ambitions! 😲 OpenText, known for its top-tier cybersecurity and IT management solutions, is laying off 1,200 employees while simultaneously hiring 800 new positions. Here’s why that’s significant: 🔹 By streamlining their workforce, OpenText will save around $200 million annually – that’s some serious cost efficiency! 🔹 Despite the layoffs, the company is reinvesting $50 million annually to create new roles in key areas like sales, professional services, and engineering. 🔹 The net workforce will experience a modest reduction of 1.7 percent, resulting in a leaner, more focused team of about 23,000 employees. OpenText isn’t just cutting costs; it’s also boosting its innovation game 🎯. The comprehensive optimization is expected to lead to net savings of $150 million in Fiscal Year 2025. And don't miss the latest bump in their earnings - a 16 percent sales increase bringing in $1.44 billion for the last quarter! What are your thoughts on this massive overhaul? Drop a comment below and let’s get the conversation started! And hey, don’t forget to follow Bernier Group for more updates on digital transformation and business innovation 🚀. #AIDriven #Digital #AI #Data #SMB #SME #Strategy #Innovation #Business #ArtificialIntelligence #AnniQ https://lnkd.in/eEKTh_YR

What does it take to be the GOAT at work? Elevate human potential and reimagine information with OpenText. Learn more: https://lnkd.in/e-GUsSqV #InformationReimagined #GOATatwork

🚀 Exciting News for OpenText World Next Week! 🚀 I’m thrilled to announce that I’ll be leading a session at OpenText World alongside industry experts from Abbott—Joachim Gutheil and Bradley Johnson. We’ll be diving into critical conversations on achieving business agility and operational excellence without compromising on quality in today’s resource-constrained environment. And that’s not all! We’re hoping to have one or two special guests from OpenText join us to share exclusive insights into the powerful tools and innovations driving change across regulated industries. #QualityIsNotProprietary. We need to learn from each other to advance regulated industries, creating more transparency with customers and regulators. This is our chance to explore how we can maximize ROI on everything we invest in—whether it’s software quality tools, testing frameworks, or Centers of Excellence—by focusing on risks that truly matter and fostering transparent, data-driven decision-making. Join us as we rethink, reshape, and reinvent the future of quality and agility in our industry! 💡 #OpenTextWorld #QualityIsntProprietary #BusinessAgility #OperationalExcellence #Abbott #Innovation #SoftwareQuality #Transparency #DigitalTransformation #ProcellaRX #LifeSciences

I'm preparing for my next wave of hiring in the Business Network and want to hear from YOU!! Are you a go-hard, take-no-prisoners, seasoned BDR? Are you looking to partner with a global organization living on the front lines of innovation? Let's get it because a career at OpenText means limitless opportunities for growth (trust me I know!) Not sure if it's right for you? DM me today and let's talk about how #opentextgetsyouthere

OpenText Named One of the World’s Best Companies by TIME Magazine for the Second Consecutive Year. “The #OpenText vision is to be the best Information Management company in the world where information elevates every individual and every organization to be their best,” said Mark J. Barrenechea CEO & CTO of OpenText. “On behalf of our employees and customers, we are honored to be recognized by #TIME as one of the World’s Best Companies and are extremely grateful for those turning our vision a reality.” This follows recognition by Forbes that OpenText is one of the World’s Best Employers for three consecutive years, including ranking within the top 20% of all global companies in 2023. This is the second year in a row that OpenText has been named as one of the World’s Best Companies by #TIMEmagazine. Learn more: https://bit.ly/4d3GtqM #WeAreOpenText the #InformationCompany #informationreimagined #informationmanagement #Forbes #worldsbestcompanies

I got laid off a few weeks before my Cancun wedding I was literally easy applying to jobs during my wedding week Then I made a post that would change my life I posted about when I was homeless mentioning: - My struggle - What I've done since then to turn my life around - What makes me different That was my first real post on LinkedIn Then I kept posting for over 300 days in a row When I was in need of another job I posted about that and got hired at OpenText Now I'm continuing to write my story at OpenText If you're not getting replies to your job applications try something different Make a post or call the hiring manager The worst that can happen is you get rejected again Just like the rejections we as SDRs face daily #bdrlifer #bdr #sdr #sales #salesdevelopment #prospecting

📰 News: 📰 🚀 --OpenText's Bold Strategy: Layoffs and New Jobs for Growth!-- 🚀 Hey folks! Ever heard the saying, "sometimes you have to take a step back to leap forward?" OpenText is putting that into practice! The tech giant, known for its cutting-edge cybersecurity and AI solutions, announced a shakeup that will see 1,200 employees laid off while simultaneously adding 800 new positions. Talk about a mixed bag, right? 📊 Here are some key numbers to chew on: - OpenText expects a 1.7% reduction in workforce, bringing headcount to approx. 23,000 - Annualized cost savings projected at $200 million, from a whopping $4.5 billion revenue base - Investment of $50 million per year for 800 new roles in sales, professional services, and engineering But that's not all! OpenText's restructuring charges are pegged at $60 million, with significant net savings of about $150 million expected by FY 2025. Their latest earnings? A solid 16% bump in sales to $1.44 billion. So, what do you think about OpenText's balancing act between layoffs and new hires? Drop your thoughts in the comments below. And hey, don't forget to follow Bernier Group for more insights into business transformations and tech trends! 🚀✨ #AIDriven #Digital #AI #Data #SMB #SME #Strategy #Innovation #Business #ArtificialIntelligence #AnniQ https://lnkd.in/eKs4387e

OpenText, a Canadian information management company, announced it will lay off nearly 1,200 employees, amounting to about 8% of its workforce. This decision comes as part of a restructuring plan following the company's $5.8 billion acquisition of the British software firm Micro Focus. OpenText aims to achieve cost synergies of approximately $400 million through this reduction. Despite these layoffs, the acquisition is expected to strengthen OpenText’s operational efficiency and enhance cash flow capabilities. #OpenText #Layoffs #TechIndustry #Acquisition #WorkforceReduction #MicroFocus #BusinessRestructuring #CostSynergies #TechNews #CorporateStrategy #MergersAndAcquisitions #ITManagement #FinancialUpdates #WorkplaceChange

Our OpenText partners share their experience, expertise and knowledge. Like many of our partners, Kapish offers a different perspective to be able to tackle problems in a new way, which helps us, and our customers. Pictured with Stewart Hollingdrake and Ryan Harris of #Kapish. #weareopentext #opentext #TheInformationCompany #ContentManager #TRIM #InformationReimagined

#OpenTextWorld 2024 kicks off in less than 1 month! Have you registered yet? As always, the agenda is packed with opportunities to learn how to take your #contentmanagement to the next level, whether by moving to the cloud, making the pivot to SaaS, or exploring how #GenAI can transform business processes. See you there!