Thread regarding Open Text Corp. layoffs

@qa yes, all of our executives are all talk and no action.

The fog wasn’t just rolling in from the San Francisco Bay; it was settling over Paul’s desk in San Mateo. As the CCO of a global software mess, Paul wasn't dealing with a weather pattern, he was dealing with "The Sprawl” of unconnected software deployments across many disgruntled customers.

The answer, just talk about Titanium X and hope the customers buy our rhetoric.

@pw they can if we bothered to fix our sht.
But no, not happening - OT can never admit we fck up or are not optimized. We'll just lay them off and blame agentic ai attempts later.

Just keep paying for air, and pray you don't actually ever need help or else you risk needing to pay more.

Do we pay for these articles on Fool?

https://www.fool.ca/2026/03/27/this-beaten-down-dividend-stock-is-off-55-and-still-worth-owning/

@gm renewals can be automated to have no human touch by employees or customers. That’s the future. We are way behind and just make people do more with less telling upper management it’s Ai or has been automated. Ask any employee how many disconnected systems they need to work in to get their job done. It’s total chaos.

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

@fe At least partially. Places like finance or Renewals you have to look at the new automation very carefully. Some of that may not necessarily be due to AI.

The product management cuts so far don't seem to be. Some of these cuts seem to be from engineering/code-based jobs. If the vibe coding session someone posted is real - those would absolutely count.

Wonder if we’ll end up on this site https://jobloss.ai/

Or if our job losses are really due to poor management vs AI

@d2 .....they did
Very generic, no counts or descriptions though.

Source: 4:35 interim CEO email

@ab
The Board of Directors who allowed Mark to steer the ship right into an iceberg. They watched him for well over a decade and did nothing but collect hefty compensation for literally almost no work. I worked in Tech for decades..literally the worst Board and C-Suite that the Tech Industry has ever seen. Fire THEM!

@a9 They're not going to make any "official" announcement to employees. They're only telling the managers, who were not consulted, about who from their teams were let go.

@ab MOOOO HEEEEDE!

@ab Same old board

Who, aside from Mark++--**%%, is primarily responsible for the current situation and the decision to lay off employees?

https://www.reddit.com/r/waterloo/s/kCzKpt5XEI

Reddit indexes well on google searches

Put em on blast

@OP Thanks for sharing the links.
We are waiting with baited breath the company announcement to the employees.

@a3 but Shannon is a genius and with all her intelligence and wisdom, employees don’t need experience.

One of our team had 28 years experience and was fired.
Voodoo dolls are exacting revenge on the board and c-suite

You're doing the lord's work

I'm curious how many will actually fight though