Thread regarding Open Text Corp. layoffs

Layoff happening

Just got layoff. Remote, but HR said it is not because I was. remote.


by
| 3046 views | | 19 replies (last ) | Reply
Post ID: @OP+1kww7f87e

19 replies (most recent on top)

@ad all over the globe

by
| | Reply
Post ID: @f2+1kww7f87e

@eq Opentext aren't loaning billions of dollars in a circular economy to keep business, our revenue is genuine revenue

Forget about lucent and move on

by
| | Reply
Post ID: @et+1kww7f87e

@ad It appears to be wider than just US-based employees, though the connection is that the people I know of so far work for US-based product teams.

by
| | Reply
Post ID: @er+1kww7f87e

@ep Age and guile will beat youth and skill every time.

How many E-Teamers here are under 50? The ones steering the doomed ship, that is.

Here's yet another pertinent LU analogy; I wasn't hired by LU. They wanted to get into data networking, so they assimilated the cutting edge company I worked for and ruined it, OT style. There is literally nothing new under the sun. OT isn't doing anything that hasn't happened in the past. They are only doing it worse.

Build up cash, start looking now. Within a year, OT will either be toast, or a non-entity.
Those with ears ought to hear.

by
| | Reply
Post ID: @eq+1kww7f87e

@em you were around when excel came out, lol

You will prob get cut as you are old

by
| | Reply
Post ID: @ep+1kww7f87e

@ej HaHA...This is where I do my Hub McCann talk from "Second Hand Lion".

I've been working with cutting edge tech long before you were a tickle in yer mama's loins. Not only do I know excel, I've used it since it came out. I've been on the top of every tech wave my whole career. Yet, I never had to deal with ancient obsolete tech (unless U was replacing it) until the OT borg assimilated my company and ruined it.

Lucent analogies are pertinent because they are a classic example of what happens to a bloated corporation with old, yesterday's tech, run by useless bland functionaries and seat warmers lining their pockets and saving their piece of the action.

FWIW When Lucent was at the same phase OT is now, within a year it collapsed.

Those with eyes ought to see.

by
| | Reply
Post ID: @em+1kww7f87e

@ef we have heard all these lucent stories from the 90s many times

The guy is a dinosaur, prob can't even use excel and will prob get cut before the week is out

by
| | Reply
Post ID: @ej+1kww7f87e

@ee Only an id--t child like you would refuse to attempt to understand lessons from experience offered by your betters.

by
| | Reply
Post ID: @ef+1kww7f87e

@e9 give it a rest with the lucent stories man. You are obviously a dinosaur, of mo value to the company and should have been cut

by
| | Reply
Post ID: @ee+1kww7f87e

I had a team call today where the director finally admitted that OT was indeed culling the herd, and our group would be affected, but those on the call weren't going to be part of it.

This is the only company that I've ever worked that your manager wouldn't give some inside information, if nothing more than to soften the blow. Before we were purchased, my direct report, a VP, would tell us managers that the company was going to spill blood and either our team was OK (we all were revenue generators) or that each group would have to offer up one head. He-l, even at Lucent, my boss told me a month in advance that I would more than likely be cut. I thought Lucent was cruel, because they'd say an FMP (force management plan) would happen on this day, be by your phone for the yay or nay call. I went through six of those. Very stressful. But nothing like here.

Having been given a stay of execution, I'll be using the time to exit stage left. Good luck to those souls who's world was rocked this week.

by
| | Reply
Post ID: @e9+1kww7f87e

Can see a few posts on LinkedIn with people #OpenToWork in the last couple of hours, so looks to be true

by
| | Reply
Post ID: @an+1kww7f87e

My few friends got laid off today. I got laid off three months ago. Opentext waterloo

by
| | Reply
Post ID: @am+1kww7f87e

Why is it always the ones that shouldn't leave that get laid off? Meanwhile there are others who clearly SHOULD be laid off and don't!

by
| | Reply
Post ID: @a7+1kww7f87e

@a2 Not OP. 4 support roles from Provo that I know about so far. None remote. HTH

by
| | Reply
Post ID: @a5+1kww7f87e

Yes, today is WFR notifications for individual contributors in sales and sales supporting roles. Then, two additional waves after SKO through Oct/Nov to right size all other orgs.

by
| | Reply
Post ID: @a4+1kww7f87e

Was it because. You don't know how to write?

by
| | Reply
Post ID: @a3+1kww7f87e

@OP What is your location?

by
| | Reply
Post ID: @a2+1kww7f87e

Sorry to hear and good luck. Are you in sales?

by
| | Reply
Post ID: @a1+1kww7f87e

Post a reply

: