Thread regarding Open Text Corp. layoffs

Remember when layoffs were not omnipresent?

Can we go back to those times? I'll even take a round here and there, but this constant threat of more cuts is absolutely exhausting.


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| 15 views | | 10 replies (last April 28) | Reply
Post ID: @OP+1kq7m98yc

10 replies (most recent on top)

@cw yeah, we are definitely hiring and growing. And we handing out cash bonuses, sending people to conferences, ... But wait! 🤦🤦🤦

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Post ID: @dq+1kq7m98yc

@bp we are hiring and growing

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Post ID: @cw+1kq7m98yc

@aw 15 years ago OT was on Medicare and gave up trying to innovate. Now they are in assisted living hanging on before going into hospice. There is no fountain of youth here. Just enjoying the three meals for now while you can.

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Post ID: @bp+1kq7m98yc

@av well said.

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Post ID: @bn+1kq7m98yc

@at they don't have a history of doing it at-scale periodically.

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Post ID: @az+1kq7m98yc

@aw Not that long for me. Then again I was sold to OT by MF. Been this way for me since day 1 at OT.

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Post ID: @ax+1kq7m98yc

It's been this way for about 15 years...

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Post ID: @aw+1kq7m98yc

@at Most companies that are not dying handle layoffs differently. They announce, and do it quickly, with severance, and it is over.

Dying companies like OTEX are too cheap to do actual layoffs and instead te--orize with constant threats and head games with the goal of making people leave without severance either with bogus firings for cause, or just general te---r to make people quit. In both cases there is no severance or unemployment insurance, which is cheaper.

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Post ID: @av+1kq7m98yc

@aq meta are doing layoffs, are they a dying company ?

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Post ID: @at+1kq7m98yc

Talk to anyone working at a dying company, this is how things end before everything gets sold off or simply shut down.

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Post ID: @aq+1kq7m98yc

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