#layoffrumor

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Big layoffs on Wednesday this week

The 25% reduction in headcount from the BD acquisition is coming. Wednesday is going to be brutal. Expect across all functions, all segments, but especially ADx. R&D likely to be hit especially hard. Lawyer/HR was onsite in Sparks for a reason - upper leadership has been discussing the reorg all this past week at the Sparks location. Anyone with direct subordinates being let go were informed this past week as well. Waters is not BD - they are breezing through letting people go for cause as well as layoffs. If your leadership team does not like you, expect to be let go sooner rather than later. Happy holiday weekend, everyone!


As sure as the sun rises in the east …

… water is wet, there will be more layoffs.

In fact, the layoffs are ongoing, just not in one big axe like in March. The next big swing will be within the next 60 days.

They have told you the plan: greatly reduce company size and become nearly completely Canadian-centric. And they are fulfilling that plan.

And as sure as dung stinks, OpenText will continue to su-k.


Layoff Rumors for this week

Heard a rumor that there will be layoffs this Friday, and we’ll be asked to WFH that day. I didn’t put a whole ton of stock into it, but I was sent a photo of all of the CX and MX leadership going into a 2.5hr meeting today and it was set up by the HR generalist. Safe to say I’m officially anxious and not feeling good. My source is as an associate and a leader in the a space at BTD.

Anyone else heard anything concrete?


Multiple reports from the grape vine - senior leadership found out today.

It looks like the hammer might be dropping tomorrow. Multiple reports all along the vine are saying the meeting did in fact happen this morning - informing senior leadership what / whom is to be let go. Does days in the office matter? Does commits? Tenure? H1B status? Pay? No one knows the parameters, but the meetings with the boys upstairs have started.


Layoffs

I am perplexed at the people who are touting that there is going to be a layoff on May 28 and it’s going to be massive. You all really need to stop. There’s always layoffs in departments that are under performing or where there is duplicative work being done, but there has not been a notification to leadership that there is going to be mass layoffs on May 28 so please stop scaring everyone. In the meantime – all of the miserable people that just left to stir sh-t are going to get this 85 negative marks because you’re so focused on the drama and the negativity that you don’t know what else to do then to check this website daily. Do something better with your life.


MD Live Challenges with leaders

Is anyone else struggling with the new leaders in MD Live? It’s toxic and micro management and like I’m not allowed to have an opinion. I’m ready to leave but wish I would be packaged out and offered severance. I tried to bring it up as an option and was dismissed which seems like the current mentality in this area. Anyone else? Or anyone with suggestions? Does anyone know if there will be layoffs?