Topics regarding layoffs at Open Text Corp.

Topics regarding layoffs at Open Text Corp.

is virtual more likely to let go?

or those who go to office 3 days a week are also impacted? I saw posts saying virtual are decimated, probably it is easier to outsource them to India

$OTEX is plummeting

$otex is taking a deep dive, do you know why? is this the reason they are laying off people?

Huge Layoffs!

Hearing 7-10k people are or have been laid off from Opentext this week. Gutting legacy Micro Focus employees across all products and levels of employees as well.

Saying prayers for everybody

Everyone here deserves better than this. As somebody who was laid off before from my previous company, let me tell you, there's life after layoff. It might seem scary now that it's just happened but it will get better. You will land on your feet and... — read more 

These are the necessary steps we must take

It's time we address the pressing issues that have created a hostile work environment and take decisive action to make our workplace safe, enjoyable, and productive again. Here are the necessary steps we must take: Leadership Change: We need a... — read more 

Completely illogical choices on who to lay off

Who makes the decision on who to lay off? Can we fire that person/people? Why are we losing some of the highest performers and retaining some of the lowest? People with the most experience are gone. Why would any rational person get rid of somebody... — read more 

July 1 - Here it comes!

well done on year end close! so the reward is the announcement today.... Mark still pulling $20mil + while the stock crashes. In the USA we're more than quiet quitting now.

Company Walkout on Monday at 11 AM MT

Attention Team, Tell everyone this Monday at 11 AM Mountain Time, we are staging a walkout. This decisive action comes after years of frustration and neglect. Despite our hard work and dedication, we have not seen a pay raise to survive this... — read more 

Nobody is safe here

This place fu--ing su-ks and we all deserve better. We should not have to worry about layoff’s every fu--ing year. Let’s layoff Mark B and save this company a bunch of money and build back the happiness with employees.

More to come soon

Hear announcement will come Thursday night. Maybe 15pc. Complete in quarter.

Is this real or a bad dream?

How is this company successful? The CEO/CTO is a narcissistic loon who doesn't seem to care about much other than his hashtags and catchy project names. Upper management seems to go around like brainwashed robots, either appearing terrified to lose... — read more 

When will layoffs stop?

We can barely get our work done with as many people as we have now. Take more away and it will all come crashing down like a house of cards.

by
| 2560 views | | 6 replies (last January 14, 2024)
Post ID: @OP+1p3T38tt

More layoffs at OpenText

OpenText/MicroFocus are doing more layoffs this week. I don’t have any specifics like numbers, percentage, or which areas. Just hearing from numerous coworkers and seeing people fall off the orgchart in Teams.

Toxic, arrogant

Poor management practices include micromanagement, pompous controlling, the desire to have one's "a-s licked," management games, managerial dishonesty, and hollow promises. Not able to grant a remote contract. Rat club of Cork's top support... — read more 

Heard back from HR or IT?

Reached out to OT HR and IT email but not heard back. May need to call them next. Has anyone tried to reach out to HR or IT? how soon did they reply?

Figures Q3 released

https://investors.opentext.com/press-releases/press-releases-details/2023/OpenText-Reports-Third-Quarter-Fiscal-Year-2023-Financial-Results/default.aspx The amount of debt now is staggering...

Opentext severance package

It seems that 10 weeks severance pay is the max opentext will offer - even if you have worked with the company for over 10 years. Even frugal packages give at least 1 week for each year worked. Not to mention the generous Google, Microsoft etc... — read more 

How hard is it to be transparent?

How hard is it to show respect for your employees by keeping them informed on the happenings within the company, especially when layoffs are involved? It is not right to be kept in the dark for this long and to still have to guess if there will be... — read more 

This week is turning into he-l

Am I the only one who's having trouble functioning and doing anything productive as I wait to hear more news about layoffs? I can't understand why it takes a whole week to lay people off. Why can't it be done in one day so that we can all move on... — read more 

layoffs

Any one hear any news?

OpenText layoffs have been happening for some time

OpenText has been doing random/sneaky layoff since Fall 2022. Some people here and some people there... trying to stay under the media radar and avoid layoff reporting. From staff HR to sales reps, people have been let go from across the country with... — read more 

8% Layoff Indeed

https://www.crn.com/news/security/layoffs-ahead-as-opentext-closes-5-8b-micro-focus-buy

It's official (the acquisition)

OpenText announced today that it has closed the previously announced acquisition of Micro Focus >International plc, a leading provider of mission-critical software technology and services that help customers accelerate digital transformation ... — read more 

OpenText layoffs: September 2022

Since September 2022, OpenText has been terminating employment of people in ALL areas and departments. Trying to sty under the radar by doing their layoffs here and there to avoid their stock from dropping, the software company is experiencing... — read more 

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| 3480 views | | 2 replies (last January 23, 2023)
Post ID: @OP+1jJws78Y

Another massive layoff coming in US

Wall Street was thrilled over reported Q1 profit by OpenText, largely via layoff in May/June, now Banks are pressuring Mark to do RIF in the US, have the Indian teams replace the more expensive workforce. One firm reportedly talking to OpenText is... — read more 

Is it true

The company is laying off people from its core side, and adding new roles, and asking its acquired companies teams to pick those roles. In the end, its headcount is getting reduced, but company will have the same number layoff against new hires.

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| 2010 views | | 1 reply (February 11, 2021)
Post ID: @OP+1660mP6L

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