looks like OT should offer a voluntary redundancy round - they'd get a few more takers for sure! Maybe write a book on it. Canada/US market is open for business. closed to opentext - see ya #Energizing Life Every Day!

I've seen several rounds of cuts now. And I still don't get how they pick who goes. Because time after time, the ones who get cut are the people who carried the team. The ones who went above and beyond, who stayed late, who kept things running. The... — read more 

Down another 6% today, can't drop much further now without default risk on debt and being taken private

Nasdaq up over 3% while otex is down 1% Once we miss earnings April 29, the stock is going to 15

Not waiting for July 1 like the exec chairman stated in today's email. Bounced today. House of Cards starting to fall. Wait until the FY27 plans are shared more broadly. Going to be a lot of unhappy campers.

trouble registering during onboarding, slow ticket remediation time, currently no health insurance and no work around........y even work

Last quarter we made the numbers due to last minute unexpected deals and currency tailwinds Looks like currency is now a headwind, anyone know how the numbers are looking ?

There is no follow through. There is always a new initiative being introduced. Big kickoff meetings, lots of excitement, and then nothing really happens. Within a few weeks, attention shifts to something else. How can anybody take us seriously when... — read more 

Massive reduction in force aligned for June under the code "restructuring". Starting July, company will operate under a completely new model. Won't get it into it here, but huge paring of middle managers (team leaders) and entire functions run under... — read more 

Legal hold tech and ADM are going go next. SMBC will be last as it needs a major player to buy it

I wish I’d been laid off. Not because I’d enjoy being unemployed, but because this whole thing has me so mentally drained that I don’t know how I’m going to handle more rounds, and we all know there will be more. At this point, it almost feels like... — read more 

The severance letter says sacrificed employees must return equipment within 5 business days of the last working day to receive severance. OpenText told our former colleagues they would provide them with the box and prepaid label. That sounds... — read more 

If the layoffs are over for now, does anybody know the total number of casualties? It seems an entire BU in Engineering was eradicated. There will be nothing left to divest.

And therein lies the problem

Heard a rumor that Ayman was caught in disguise walking around the Waterloo office as an employee. Can anyone confirm that or is it another April Fools joke?

AI is good but our core tech and management are managed by those old school people, non competent guys. Why? Jon McNeill, the former president of Tesla, has released a new book, "The Algorithm," which outlines a five-step framework for Elon Musk's... — read more 

And Mark Barrenechea is back! Happy April Fools Day!

When is next round planned and how big will it be

If my boss isn't consulted on who to lay off, and my bosses boss isn't consulted then what's the point in doing any work day to day ?

Have you seen any enforcement measures around RTO? (I.e. HR contacting you to engage with employees who aren't meeting the 4 days in office requirement?) Or any of those employees impacted with the recent layoffs?

With so many useless leaders under Shannon who don’t contribute to opentext success . Why are the still here ?

I have real trouble with a new manager. I've been either left out of the work that fits my skillset, or outright subjected to passive-aggressive treatment. I thought it was some personal animosity at first, now I have the impression it's a campaign... — read more 

It seems like the people who can’t walk and chew gum at the same time remain blissfully employed at OpenText. I received a great review and an above average merit increase. I was laid off. I was the only person on my team who could do half of our... — read more 

He was waiting to hear if his move up was approved and he ended up getting the news he was kicked out. I have no idea how that happen or how it was allowed to happen but it goes to show that none of us are truly safe.

I see some groups had engineering cut heavily. This is typically a very bad sign especially when the 'process' professionals who mostly bring no value and simply get in the way of innovation (at this company) remained unscathed. The budget cut... — read more 

We're on a sinking ship, and options out there are almost non-existent. A colleague who was let go almost a year ago is still looking for a decent job. I started panicking a while back, so I started looking while I'm still here. Given that I've... — read more 

Read this, it paints otex in a much better light https://www.fool.ca/2026/03/27/this-beaten-down-dividend-stock-is-off-55-and-still-worth-owning/

We've been losing experienced, well paid employees for years voluntarily. That's the exact demographic the company would want to reduce. So why do we need to do formal layoffs when so many people are leaving on their own? Are they not leaving fast... — read more 

Another 52 week low with the stock today and has fallen under major support If it continues to fall then it very likely PE take over, strip the company to bare bones and break it up for parts

In our upcoming town halls with our ELT leaders, we have an opportunity to engage with them directly about their contributions to enhancing OpenText. We must ask vital questions: What steps have they taken to drive improvement? How have they earned... — read more 

No rest, no relaxation, no relief...now we start figuring out when the next round will happen because we all know there'll be a next round. I hate it here.

I know the conventional wisdom is to wait it out and force the company to pay you in severance. But, they'll try to deny it to you by every means they have. You just have to ask yourself one question. Is it worth it? You'll be faced with a ticking... — read more 

They surprised me at the speed in which they lock out laid off employees from the laptops. We are talking 15-30 minutes. And they can discreetly delete the Outlook and Teams app off your phone within an hour. I guess the proficiency is due to the... — read more 

OpenText is pretty much a closed shop in regards to what is happening. Thank you to those people on here who are close to what is happening and know dates/BU etc and continue to share that information. Even though it is never good news, it is good to... — read more 

Any update on upcoming possible divestitures for non-core or is everyone just being slowly laid off now?...

A rare sensible move, if true.

Anything happening yet?