https://www.reddit.com/r/waterloo/s/kCzKpt5XEI 3 things are guaranteed in Waterloo region. Potholes Geese OpenText layoffs
Public information regarding the Layoffs
OpenText Reportedly Cut Jobs in March... — read more
stock is in free fall
what happened? wouldn't layoff pump the stock price?
Word is the US cuts are stretching to the end of the week
Anyone able to confirm that?
None-Core layoffs?
Non-Core layoffs, who's actually been affected? I'm a US-based remote employee in an SMBC Non-Core unit. I was certain I'd be laid off, but the axe hasn't fallen on me or several peers. Is this a real stay of execution, or just a holding pattern... — read more
Don't pick up any extra work!
Don't help them by proving that the work can be done with fewer people by breaking your own back for nothing in return. Don't say no, just say you're busy. Your plate is full. You'd love to help but there's simply not enough time for it all. They're... — read more
Hold my beer …
… is what the chairman of the board likely said when it was assumed that Mark B. brought OpenText to the lowest depths possible. Jenkins is doing a great job of flirting with stock prices in the teens, which he will soon reach, and destroying what... — read more
How was your severance offer? (Include location)
I was offered 10 weeks after 4 years , Ontario, Canada.
Layoffs for ADE's?
Any information about layoffs for ADE'S in Business Network in Europe?
"AI Brown Bag Spec-Driven Vibe Coding" training?
"Join us for a live session to learn about professional production-grade software development via vibe coding." Yes OTEX "leadership" really are that stupid. They think Vibe coding with cheap replacements in India that do not understand the... — read more
Thoughts and Prayers
For those of you getting laid off, my thoughts and prayers are with you all. I am waiting for my time to come. Are they sending out calendar items, or just contacting you out of the blue? Also, it looks like India is getting hit...hard.
Is it over for now ?
Are the cuts over for now ? What about Emea ?
Will there be an email sent for this round?
Or are they doing it silent
Who is let go?
Higher pay? Remote? not AI first? not using enough AI(Copilot)
Laid off and relieved
Frankly, I didn't know it would feel this good. I was sick of the job and the constant anticipation. I have something lined up. Not certain, so who knows. But I don't care right now. Thanks to all the good people I worked with. I wish you all the... — read more
Got laid off today. Waterloo opentext
Sudden layoff. No notice . Said organizational changes
Can somebody share severance info?
I'm no longer at Open Text, I was laid off last year, but I admit I'm curious to see if severance remains the same or if they shrunk it even more.
Shedding institutional knowledge
Why does the leadership keep doing this? What's being achieved? We lost two of our most valuable team members today. I've only been here for four years, they both had 15+ years with the company. I don't understand how you just decide to get rid of... — read more
Thelayoff.com Best site for OT
Long time follower first time poster from Canada, laid off today! This site can pinpoint a specific day! Just epic!
Layoffs in motion — is this just the beginning?
This isn’t speculation anymore — layoffs are happening, and India seems to be in the middle of it right now (likely continuing through the week). From what I’m hearing, this is part of a broader org restructuring with global impact. The numbers being... — read more
Keep Applying
This is your sign to keep applying to a new and well-deserved company that will actually cherish your years. Life is too short for this BS. I've been laid off today but thank god I have a few offers lined up. I can only wish the best for my fellow... — read more
DO NOT LET YOUR DEVICE GET LOCKED
After I was told that I was let go, my OT accounts got disabled in around two to two and half hrs. Since I had not locked my device or logged out, I could continue to access my local personal files and upload them to cloud storage. If you have any... — read more
Laid off today
Good luck folks! It happened to me this morning
Prediction
Muhi will announce his retirement soon. Today, is a definite possibility.
Nothing has happened
No invites sent, nothing has happened in India No layoffs
Good luck to all tomorrow
May the odds be ever in your favor. Just know it’s a normal thing here at OT, nothing you did wrong. Onwards and upwards
When was the last time they tried anything besides layoffs?
How hard would it be to put together an actual strategy instead of just running the same play over and over - dispose of people, repeat.
4% or 10%
Big difference in both these numbers . Which one is it
Invites
When are we expecting the event ? Will India have it's layoffs done by the time people in North America start Monday ? Will it go on all week ?
Ayman maybe getting cold feet
My guess is that he won’t stay longer than a year. I’m in management and preparing for a revolving door of executives along with quarterly RIFs until we are ultimately acquired.
Try to enjoy your weekend as much as you can
Tough times are ahead. Again. I'm training myself to use every moment away from work for myself, to stop carrying it with me all the time. I can't influence what's going to happen, so I can at least try to enjoy what precious free time I have. Good... — read more
Can OpenText really still succeed?
Let's see... no clear vision no real leadership no accountability bloated executive suite failure to keep products moving forward no real R&D or innovation brain drain And we are getting rid of MORE workers to fix the sinking ship?... — read more
SVP in India
One of Shannon's direct reports going to India, coincidence ?
July
Let's say we survive next week, what's ahead of us in July ? More general layoffs or entire teams and órga being gotten rid of ?
No layoffs next week, the fun is in July
A massive reorg is being planned to reduce business units , and consolidate around AI document management systems. Think Content Server + Aviator.
4 days left
To be honest id welcome getting released from this pressure cooker, a truly horrible place to work
Layoffs next week - definitely across the board?
Any orgs or regions getting a pass?
Do more with less until everything is done with nothing. IA stupidity
Being told to implement IA to do your job, so we don't need you anymore, or we will let you go, makes no sense. Especially when no tools or assistance are provided. It's like telling the bus driver to implement a self-driving system so we don't... — read more
How do layoffs work here
In previous companies I've worked at, the direct mgr does the layoff but from what I see in OT it's the VP who does the lay off ? Are direct managers in the loop at all ? When will invites go out , Friday ?