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Our ELT is clearly over their heads

7 years late with engine
No exploration success
Broken organization and failure to meaningfully centralize
Demotivated workforce
Unbalanced portfolio
CNE failed
Succession problem
Now series of OE incidents

All they have been able to achieve is to return cash from already producing assets back to shareholders. We dont need to pay them 33mm to do that


It's the board you should be pi---d at

Everyone's whining about Mark B, Sandy, Duggan, Savinay, Shannon, etc ..... But you're barking at the wrong tree. It's the board that everybody should be pi---d at. They are the ones who enabled this mess, fostered it and encouraged it until such point where it became counter-productive and too legally risky to keep Mark B in charge. Yes, all the above people contributed in no small part to this mess, but the board is the source of all evil. They are the ones who should have been fired a long time ago by investors, if said investors truly cared about this company growing. Breaking news, it's not meant to, never was. It is (was) a cash-cow and nothing else. The acquire and trim strategy was not born with Mark B. It was always the brainchild of Jenkins, Sadler and Fowlie. This is how OpenText grew since the beginning. So ask yourself what's going to change with Mark B gone? Not much. A new CEO, maybe a new ELT, a trimmed down OT but deep down you can't turn a tow truck into a ferrari, not matter how much visionary or smart you think you are on topics like AI and information management (yes, looking at you Tom J). Once OT 2.0 is more or less in a functioning order with a balance sheet that's not threatening to cut its jugular, the good old habits will come back. That said by the time that's done, the world will have changed dramatically and the amount of catch-up OT will have to do will be massive even compared to their situation today.


Response to those who say this is normal

No.

This is not normal.

Not here.

100 years without a layoff.

Market crashes, depressions, recessions, oil crises, inflation crisis, housing crisis, lawsuits, wars…. AND NOT ONE LAYOFF.

This place was supposed to be different. It WAS different. This is not normal here, but now that we have opened this can of worms it is just another thing we can do to boost Penny’s pay, to add GPs from other firms, to add a new ELT member.

We. Were. Different.

Now we aren’t anymore. We should be angry. Those who are gone and those who are left SHOULD be angry.


Leader here: Just giving you a heads up, Cisco ELT decided to split this year's raise/promo budget in half.

This Merit is terrible for everyone (except ELT ofcourse). I'm rying to give a “critical to retain” a small % increase and it dropped my budget next to nothing for the others.

Sorry guys but it's going to be a lot of disappointment, you're getting near to nothing in this reward cycle, dont get angry at us (your managers), Cisco ELT is sc--wing you.

Mind you, ELT compensation and stock price is/was at an all time high...


Enough is enough…..It’s time to go

It’s time for the lazy incompetent AE’s and the Service Sales Executive in the UK&I who have been hiding behind the promise of sales on large accounts to go.

They have been BANKING on being shielded by the sheer fact that they have ownership of the largest opportunities. No real strategy just sheer luck which they feel warrants them to be deemed the best. This has been enough to protect them. Historically these wins have been not because of them but merely because the clients had not other option but to renew.

We in the UK and EMEA are losing talented resources because of the incompetence of these people.

Time to take action now ELT (RP & MH) before it’s too late.


#OP I'm assuming you are internal to Cisco and not affected by the LR?? Have you ever been affected by an LR?? or one this badly managed based on lies and BS this close to Christmas as the sole breadwinner while sitting through endless crapppy all hands where ELT and SLT parade around their plans for the holidays and say how proud they are and blah blah blah?

Either way #OP - crawl back under your rock and #ELT how about you start delivering on the much talked about transparency and just be fk1ng honest for once rather than waiting for the EPS to peak so you can dump your shares and strike rich off of the backs of all these good people you are culling. you lot in your ivory towers make me sick

Incredibly excited to announce Jumpstop! - a new bold and focused program where cheaper labor jumps in to replace YOUR JOB! But wait, there's more! We will shamelesly dress up training your job takers as an "exciting" career op! They jump in, and your job stops! Jumpstop! And 98% of "excited" comments are from one location - unaware that this wheel will always keep turning, as Gdynia just found out. JumpStop! #ELT-Shame #BaliPostcard