Can anybody share if severance is the same as the last time or if there were some changes? Please?
12 replies (most recent on top)
Not as good as Season 1.
OT will pay the absolute minimum they can get away with
Everyone lawyer up. A good one could get you a month a year
I was laid off and was offered 10 weeks.
One last F U from Opentext while they kick me to the curb for dedicating the last 9 years of my life to them. Worked crazy hours. Took on more and more work as they fired my team mates every year. Never complained. Always for 3 or 4 annual ratings (was 4 the last 2 years).
We are disposable folks.
F U Mark for leading OT into the cr-pper.
F U Brian for an HR org that treats people like disposable cogs.
F U Savinay for not fighting for our engineering teams.
F U Board of Directors for dereliction of duties by allowing mark the clown to continue Fu$&ing up a wonderful company and watching as passive bystanders as the entire thing is burned down for his ego
I am not a lawyer, this is what I think based on what I’ve read today.
If you’ve been laid off from OpenText in Ontario, Canada, it’s important to know your rights regarding severance pay under Ontario law.
Ontario law sets minimum severance standards. You generally qualify for this minimum if:
- You worked for OpenText for 5+ years.
- OpenText has a global payroll of at least $2.5 million (which it almost certainly does).
• Calculation: The minimum ESA severance is roughly 1 week’s regular pay for each year you worked (including partial years), up to a maximum of 26 weeks.
• This is in addition to minimum notice pay required by the ESA (typically 1 week per year of service, max 8 weeks).
Most non-union employees in Ontario are entitled to significantly more severance than the ESA minimums. This is based on “common law” and considers factors like:
• Your age
• Length of service
• Your role and salary (including bonuses, benefits, stock options/RSUs)
• The availability of similar jobs
Common law severance packages aim to provide fair compensation reflecting the time it might take to find a comparable new job, and can potentially be worth up to 24 months’ pay.
What to Do:
• Don’t assume the first offer is final or only covers the minimum. Your full entitlement is likely higher.
• Review any severance offer carefully. Don’t feel pressured by deadlines.
• Ensure the calculation includes your full compensation (salary, bonuses, benefits, equity value).
• Consider seeking advice from an employment professional to understand your specific rights before signing anything.
Of course severance is cr-p. You can’t fire 2000+ people overnight and make it cheap.
They’ll go with the legal minimum so Mark can buy his next yacht. I suggest everyone contact a lawyer and proceed with a lawsuit for more severance. Do not sign anything. Especially those with high tenure, 10 years with a max of 12 weeks? That’s a slam dunk for any employment lawyer.
12 was not standard, sadly.
I got 2 weeks + 5 weeks of severance.
Another colleague only got 2 weeks + 2 weeks.
12 weeks does feel like a slap in the face.
Reminds us of how disposable Opentext, Mark B and Brian think we are.
Work until we burn you out then 12 weeks for 10+ years of service.
12 weeks is a slap in the face
I was told 2 weeks then 10 weeks severance, but I have been there for over 12 years..should I be getting 14 weeks total? I didn't understand the 2 weeks thing they told me.
Yes - 12 weeks max is what is being seen. Sue!
1 week for every year of tenure, capped at max of 12 weeks.