Thread regarding Open Text Corp. layoffs

sharing 20 biggest post-layoff takeaways

  1. My self-worth isn't tied to my job. I am much more than that.
  1. Exponential growth happens during your biggest challenges.
  1. You will survive. And eventually, you'll thrive again.
  1. It's impossible not to take it personally.
  1. Each time I've been laid off, I've come back twice as strong.
  1. Loyalty is completely dead. You MUST put your needs first.
  1. Ultimately, nobody is looking out for you...except you.
  1. Your boss (likely) had nothing to do with it.
  1. You're just a number on a spreadsheet (yes, even you).
  1. Someone with less talent or skill will keep their job.
  1. Networking with random people and no strategy doesn't work.
  1. Everything in life is cyclical.
  1. Enjoy the good times when you're living them.
  1. This is your opportunity to change your entire trajectory!
  1. Always be ready. Build income streams, network, and learn how to write an effective resume. Don't wait till it's too late.
  1. Stop banking your PTO. Take the sick day. Take the vacation.
  1. My LinkedIn is owned by me, not my employer. It's a career asset.
  1. Stop comparing yourself to others. It'll ruin your mental health.
  1. It took me getting laid off to get serious about a career plan.
  1. Excuses and feeling sorry for myself don't produce any results.
by
| 1231 views | | 2 replies (last April 29, 2025) | Reply
Post ID: @OP+1jsr642v7

2 replies (most recent on top)

Great list. #15 is super important. Don't neglect it.

Always be learning. Make sure you prioritize knowledge and experience in transferrable skills. Put the bare minimum into the proprietary tech/product stack that you have to, and look at opportunities to work on things that will benefit YOU in the future.

by
| | Reply
Post ID: @t9+1jsr642v7

Been there with Opentext after acquisitions ended up in a soulless team with soulless manager and Director, integrity and honesty were lacking at every hands turn. OT made profit which grows and grows - where does doing the right thing and looking after your employees come into play - it doesnt this is the OT way. Greed before anything else. Safe customers beware - no one is left looking after your data let that sink in NO ONE. So I guess its not so safe.
“OpenText’s Q2 results demonstrate the strength of our operating model, delivering $501 million of adjusted EBITDA, and 37.6% adjusted EBITDA margin, and generating $307 million of Free Cash Flows (FCF). The Company’s top priorities remain total growth, competitive advantage, margin expansion and FCF, while producing upper quartile capital returns,” said Mark J. Barrenechea, OpenText CEO & CTO.

by
| | Reply
Post ID: @b5+1jsr642v7

Post a reply

: