Thread regarding Open Text Corp. layoffs

@et exploit the 3rd party tools you learned to use and how you managed to work in such a chaotic environment. No one cares about OpenText knowledge.

@OP I'd love to open the door and take that exit... yet it seems like my OT experience has absolutely NO value when I apply to new roles.

Journalist Madison McLauchlan at BetaKit here. If you have any more info on the layoffs/restructuring, please reach out at @madisonmcla.12 via Signal.

@d6 unless OT starts warning the other company you're moonlighting with. Another company could also fire you for it (because every company wants to both feel like you're a deal and they're special.) However, if it's your side hustle - well you'd be the boss and probably okay with it.

I actually dont intend to dissuade, but people who want to catch it will find ways. OT is at a prime point, IT takes forever aside from post-layoff access revocation. Compliance doesn't do much of anything for customers timely much less internal auditing. Now would be the time; especially if you're capable of automating OT work. That's within the goals, and you dont have to tell them until caught. OT is inconsistent on their rehiring policy anyway.

Just know the risks be careful blahblahblah yknow?

This is all wrong. You need to protect yourself from the quirks of sh---y employers. Don't quit. Never ever quit. Instead, start looking for a new job right now, and when you do get one, try to hold out both jobs for as long as you can (google "overemployed" for more info). It provides you 2 sources of income. Yes, it might be stressful at times to hold on to 2 jobs, but based on my experience, with the sh---y place OpenText is, their lengthy processes that delay all kinds of work ("I can't do this, because I'm waiting for an approval on X, Y and Z"), combined with a lot of "faking work", it is doable. I was able to do so myself for several years. The 2 sources of income will change your life forever, and most of all, if OpenText does decide to let you go, you may (or may not) get severance pay, and you still have the other job, so no real harm done. Don't let OpenText (or any other employer for that matter) decide your fate; take matters in your own hands to protect your income.

@aj Did you miss this bit, or are you just illiterate?
"Just start looking now and taking interviews with sick days or doctor's appointments and then just...leave."

Only an iresponsible spiteful person would tell you to just leave a job without having something else lined up.
Do it right and find something that hopefully increases your pay and happiness.
Look at small companies. So many give nice bonuses to all their employees and truly respect you as an individual!

Staying or leaving is a decision that depends on circumstance. It's a worst case severance and expected job search time calculation. Figure at least four months (at least in my city) to find a gig. Also, figure if you have no job, you may have to take what you get, even if it's lower pay.

When I was laid off last time, I decided to wait for the package, which was a mistake. I'd only been there 3 years, and got 2 months pay. It took me 6 to find a job, at 1/2 the pay. that was 2003. I don't think the market is much better today. I was 40 with three kids and a wife. Bailing would have been the smart move.

Keep in mind that Opentext is a hostage software company. They buy (bought) companies with products that fortune 100 uses. They gut them, more or less, leaving most with a Milton or two in the basement with a red stapler supporting them. As long as they make shekels they stay. With my original product, they simply sc--wed the partner channel and customers migrated elsewhere. Every so often I'd see the unlucky ones notices appear on my email like the faces in the sky on Hunger Games until they all were gone. The lucky(?) like me wound up on other products as a quirk of fate. I've seen nothing that I'd call innovation. A lot of the Cloud products I see make me wonder how they make money. Keep that in mind with your decision making.

I'm going to stay and coast until I get let go, happy days

@OP
I agree!
OT employees should start looking and the moment they get an offer in writing ..just leave.

In the US you have no legal obligation to provide a 2 week notice. OT certainly doesn't provide anyone this courtesy.

Also in a job reference (in case you are worried) the only thing OT can confirm is that you were employed, and the dates. They can't provide anything else or opine on your performance or evaluation.

Since eventually all OT employees will either be jettisoned to a new company, (likely private, so they will let you go) or laid off with a 10 minute notice, remember to give OT every courtesy they have extended to you and current and former colleagues.