Thread regarding Open Text Corp. layoffs

Final number is ~2600.

Good luck all. Started Monday.


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Post ID: @OP+1kwfjyrn6

7 replies (most recent on top)

@c0 We ain't in Hyderabad...

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Post ID: @d3+1kwfjyrn6

@af, you know you're allowed to look for new employment while being employed, right?

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Post ID: @c0+1kwfjyrn6

The WFRs are coming in waves. They run through October/ early November. 2k+.

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Post ID: @bt+1kwfjyrn6

I hear they’re very close to announcing the SMBC divestiture. Is it possible that 2600 figure include employees leaving that way?

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Post ID: @b7+1kwfjyrn6

Not saying this is not the number as I don't know otherwise. But similar wfr were very large and they were 800 to 1000 people. If it is of this scale then I have no words for the magnitude of the turmoil. But ultimately if you cannot attract new logos and are not prepared to bring solutions on par to competitors coupled with a declining install base(cash cow) and mounting debt, you are left with no alternative. Sad, that we are in this position and I don't see the SMT to change course.

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Post ID: @am+1kwfjyrn6

Please let me be one of them. I'm so done with this place.

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Post ID: @af+1kwfjyrn6

Across company?

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Post ID: @aa+1kwfjyrn6

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