Thread regarding Open Text Corp. layoffs

Probably no more big cuts

I don't think we'll see another major round of layoffs anytime soon based on the pattern. But you should still keep your resume ready.


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Post ID: @OP+1kwvp4ypp

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Layoffs will happen this week , confirmed !

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Post ID: @an+1kwvp4ypp

Of course there will be less layoffs because they cost severance.

It is much cheaper to drive people to quit, or be fired and that is exactly what they are doing.

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Post ID: @aa+1kwvp4ypp

But even the little cuts feel big to those affected. I’ll be surprised if we get out of this week without a few more losses.

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Post ID: @a7+1kwvp4ypp

Cant they just ask for volunteers for layoffs? I am sure some folks will do it.

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Post ID: @a6+1kwvp4ypp

@OP agreed and confirmed 100%. The MAG7 cannot stop contacting our execs to find out our secret is retaining talent and providing large raises every year. The markets love us

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Post ID: @a5+1kwvp4ypp

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