Sounds like 500 which is a tiny percentage.
14 replies (most recent on top)
So much for the exaggeration, id--t. What does it smell like being so far up Mark's a-s?
Not laid off. Fired. Out of a cannon.
Only 1 person should be laid off
They are investing in F”ai”l technology with the thinking that people are not needed to manage data the F-AI-L will do the magic.
I can say with knowledge this "project" - yes, a WFR action has a secret project name that is assigned to it and used as a code name for the many meetings that take place for the months during which it is planned - is a 12 percent overall WFR across all regions. This includes phase II of the project which takes place mid June. Some employees have been left out of Phase I thinking they have a job but it is ONLY to get information from them to help migrate the work to mostly India. Urgently suggest if your work group was more or less slashed drastically that you understand you have also been WFR but simply don't know it yet. You will be asked to knowledge share from now until mid June.
Lot of people were let go. Entire quality dept was let go in the US and CR.
So customers please be careful while buying the products.
There was zero direction from inside. Saas first then on premise, SaaS again - complete lack of direction which path it should take. Spinning unnecessary cycles and waste of time money and resources. Whoever takes these decisions are still there with the company and the people who worked on them were let go. What kind of logic is this. There were some very good talented engineers working with the company for 20 plus years. All of them gone! The top level team is going to show profits by cutting down the people and the sites.
Rather they should be the ones to leave. Good people who really understand the business should be brought in. Not only folks who focus on their own product and cut folks from other money making products.
OpenText just likes to cut its own legs off. I was in last November's round of layoffs. It su-ks seeing such good people getting let go.
It’s 8-9% but the other comments are right that a lot of locations had a mass layoff and will close in the future. They’re just keeping the folks at minimum at these locations for training and likely will hire their replacements right under their noses.
Hey Mark, is that you? Are you trying to do damage control here? The number I heard from multiple VPs is between 2000 and 2500 people. Looking at how many people got laid off in my small part of the world, I easily can see it being on the higher end of that estimate.
This isn’t a gentle cleaning, it’s an eradication of entire offices, functions, and regions
My understanding is about 40% which is about 10k people.
Are you part of the board or something?
Was 448 yesterday and more happening still today.
So, this round may not be large, but there were at least three rounds last year and at least one other this year. The microfocus acquisition has doomed this company. All he can do is cut costs because nobody wants the products at the price they are selling them for.
word is ~10%