Thread regarding Open Text Corp. layoffs

Age as a layoff factor

From the last few rounds, I'm getting the strong impression that if you're in your late 40s or 50s, your job is at extreme risk here. Please correct me if I'm wrong since I've been known to be paranoid before, but I think the pattern in the cuts is really hard to ignore.


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| 2073 views | | 12 replies (last January 30) | Reply
Post ID: @OP+1kfxdkx7n

12 replies (most recent on top)

@r7 there are many Gen Z and millennials in SMB Cybersecurity more than Gen X or baby boomers. It’s all about the division you work in.

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Post ID: @sy+1kfxdkx7n

@r7 which is weird - gen z does not like corporate gen z.

We call it forced and/or cringe.

So no one likes when they do that. Let's hope they dont cater to Alpha anytime soon.

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Post ID: @s7+1kfxdkx7n

@br I'm with you here. Of the top of my head, I can't think of more than one or two on my team that are under 40. And even of those, they aren't much under 40. Most are in their 50s and 60s. Only ones I've seen in the wild were at OT world, and those seemed to be marketing. I think they have a gaggle of Gen-z types to populate our teams feeds with noise.

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Post ID: @r7+1kfxdkx7n

We are not a fix culture, we are a replace culture. With your house and your car as exceptions, everything else when there are hints there are issues we do try to fix them, we just replace them. In Silicon Valley, leaders want cult followers not seasoned veterans that may question leadership’s choices. For executives, they do this with everything, employees, houses, cars and spouses.

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Post ID: @h2+1kfxdkx7n

40 years ago, my entire division was replaced with people in India. That is, all but the oldest female and the oldest male (not top performers, but it got the company protected from age and s-x discrimination lawsuits).
FYI, the company went under 2 years later because quality went in the sh_tter.

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Post ID: @fe+1kfxdkx7n

All due respect - as a veteran of Silicon Valley ..who worked with and witnessed PE Firms, Founders and Leaders evolve this industry into the global powerhouse it is today..If you do not believe age is a factor..you are either under 40 or have never been laid off.
Several years ago, a close friend vehemently did not agree with me on this topic..
She always viewed layoffs as 'relocating jobs for Opex (having conducted many layoffs herself) ..and moving out under performers' ...
That was until she got laid off. She was a very successful long term Leader in her company (not Open Text) and she honestly didn't see it coming.
Many others did. She believes now age was a factor in her case.
Also, it isn't just OT ..all companies do this now and have been for a few decades.

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Post ID: @f9+1kfxdkx7n

I dont really see that where I am, but if that is true they should be careful bc not alot of the younger generation wants to go to the office 5 days a week.

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Post ID: @c6+1kfxdkx7n

I do not agree. We are an older workforce here. Most of my team is over 40. Now if you approach 65-70 maybe unless you’re a high performer and still a value (less expensive). In fact we don’t higher a lot of younger people imo.

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Post ID: @br+1kfxdkx7n

If age is a factor, wondering what Shannon and her Pawns are doing in OT :)

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Post ID: @ax+1kfxdkx7n

@a3 normally I'd agree
But guess who's more likely to be labeled stubborn or less adaptive to AI mandate.

I don't like it either - but there's a lot of reasons to go after older folks here. Which su-ks because most ghost job opps I see from OT still want years of experience. Past 25, 26 they usually have that experience in a better place already.

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Post ID: @a5+1kfxdkx7n

@a2 Spot on. Although I don't it is intentionally related to age, just more a function of the fact that older employees are typically further in their career path and simply get paid more. Cost reduction drives everything at OT.

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Post ID: @a3+1kfxdkx7n

@OP yes OpenText wants to replace everyone with entry level employees in their 20 or AI. Where that breaks things, they will discontinue products or try to divest them. OpenText is not a tech company, rather it’s a financial holding company that squeezes as much money out of products as they can with little or no investment in themz

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Post ID: @a2+1kfxdkx7n

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