Thread regarding Open Text Corp. layoffs

I know many are tempted to quit

I understand the urge to walk out, trust me, the daily disrespect takes a toll. But consider this, both severance and unemployment benefits require being laid off, not quitting. Isn't it better to tolerate a few more months to secure severance? Just channel the anger into silent preparation and ride it out. Chances of being laid off right now are too high to just walk away.

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| 3083 views | | 20 replies (last July 21) | Reply
Post ID: @OP+1k07484ty

20 replies (most recent on top)

Share the SAP report!

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Post ID: @12r+1k07484ty

@sv 100% agree. Those so-called “merit increases” are just smoke and mirrors. If you’re lucky, they’re crumbs meant to distract you from the fact that you’re being underpaid.

Do yourself a favor—look at what your role is worth in the current market.
You’ll be pi---d. And rightfully so.

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Post ID: @11w+1k07484ty

@sv Tell us more.

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Post ID: @vc+1k07484ty

Life after OpenText is MUCH better.

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Post ID: @sv+1k07484ty

@ga depends on the manager. If Mark or the ELT got wind of that, the manager would be on the chopping block too.

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Post ID: @k9+1k07484ty

@fa

I had a colleague that tried this and they wouldn't go for it. Instead, they laid someone else off since that guy voluntarily left, so OT considered it a "bonus" when someone quit. That was in the USA.

I had another colleague that was in the UK and they DID go for it. The person was considering quitting and they agreed to "lay him off" in the layoffs that right after the acquisition that they always do.

So maybe it depends on geography.

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Post ID: @ga+1k07484ty

@fj did they get fired for performance or were they found out? I imagine there are legal repercussions of doing this...

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Post ID: @ft+1k07484ty

Best advice is if you want to leave, start looking for a new job now. If you find a better position and they need you to start soon, as your manager if there is a layoff and try to time your translation with that. If that does not work, then just leave. If you don’t find a new job and you get laid off, you have already started your search and may be able to find something soon after being let go. In any case, act now. If you are happy with your position, embrace AI and request to be involved with any machine learning. But don’t be surprised if you get let go.

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Post ID: @fa+1k07484ty

Don’t quit on your own unless you’ve got a sweeter gig lined up. Make the company pay you out, bleed ’em dry for every last cent you deserve. Let Mark cry over the financials.

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Post ID: @f4+1k07484ty

Just keep working at OT while you start your new job, see how long it takes them to notice

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Post ID: @bf+1k07484ty

@b3 Ah - the VPN. I login to it a dozen times a day at 5 minutes a pop needed to enter my username and password then fire up the OTP app.

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Post ID: @ba+1k07484ty

I hope all are tempted to update their resume and start looking for other employment. Don't wait. Start today.

As has already been mentioned, it's much easier to look for a job while you have a paycheck coming in. Severance can be nice, but likely won't cover everything. Insurance alone via Cobra is crazy expensive. Severance tops out at 10-12 weeks (it was much better with MF - like double that) and that's assuming you've been with OT long enough to max out.

In this market 3 months isn't a long time. Many of those that have been previously laid off are still looking 3+ months later.

If you can time a layoff, well that's a nice little bonus as you leave, but once you find a new job, give your notice and never look back. Actually, the only reason to look back is to help your previous OT co-workers do the same.

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Post ID: @b9+1k07484ty

@b3
Because the people that make the decisions aren't in the trenches, they're up top where a secretary does all their menial "PC work".

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Post ID: @b8+1k07484ty

I don't think many are just "quitting" and then doing nothing.

The idea is to find another job first, then quit.

That being said, OT is VERY abusive and it takes a toll after a while.

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Post ID: @b7+1k07484ty

Its easier to find a job when you have a job. Take the time to update your resume and start making connections and network. Leave when you have found somewhere else. They don't reward loyalty. find a place that is rewarding to you. If you do this while you have a job, you don't have to worry about severance or savings running out.

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Post ID: @b6+1k07484ty

I hate these disjointed systems. Everytime I have to type in my user id and password because we are too stupid to have these apps talk to each other, my brain shuts down and my productivity goes to he-l for 15 minutes. I log in to these stupid things many times a day because some of them time out if you not active within a some stupid period of time, so I figure I'm actually getting 2 hours or productive work in a day.
What a SH__ Hole company.

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Post ID: @b3+1k07484ty

I get what you're saying, but it's a terrible calculus to have to perform. If the layoff is imminent, grab it. If you're not sure when the ax will fall, just throw your resume out there and see if you can just leave.

You can either punish the company by making them pay you severance, or you can do it by leaving them holding the bag by walking out. Both options have merit, and don't work for everyone.

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Post ID: @b2+1k07484ty

I waited as long as I could and resigned. Buh-bye!

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Post ID: @aw+1k07484ty

Less money in Mark's pocket, now you see why corporate loyalty means nothing.
At least we still have coffee, water and AC, for a bit.

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Post ID: @a2+1k07484ty

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