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11 days ago

Account Executive, Enterprise Software

OpenText Phoenix, AZ

We are looking for Enterprise Account Executives to drive the sale of our Enterprise Information Management Solutions (EIM) throughout customer… TheLadders.com


OpenText Reviews

267 Reviews
2.7
267 Reviews
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OpenText President & CEO Mark J. Barrenechea
Mark J. Barrenechea
125 Ratings
  1. 3 people found this helpful  

    One big Ponzi scheme

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OpenText full-time for less than a year

    Pros

    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.

    Cons

    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.

    Advice to ManagementAdvice

    Find a larger entity to acquire OpenText. One who will run it like a business instead of a revenue-laundering clearinghouse. Take your payouts. Leave.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO