Thread regarding Open Text Corp. layoffs

Loosing good players

I found out many Cloud Engineering middle management people left OpenText because of uncertainty and mechanical behaviours of leadership. Out of curious, when i started talking to people over coffee , I learnt that IT under Chan*** have let go many long time, accomplished, hard working managers and that is making left out team quite delusional. I used to work for one the manager, who used to out 10 hrs a day even in weekends. This is ridiculous. No value for hard work n productive. Leadership is just a power mongers and replacing with their pets from other stores.


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| 2141 views | | 5 replies (last October 6) | Reply
Post ID: @OP+1k6de9cx8

5 replies (most recent on top)

It's really interesting to view the responses above and be able to tell which camp people are in (long-time employees who think about where the company is going and the long-term health and culture of the company vs people who either haven't been there as long or just don't worry about this aspect of the corporation and are content to get a paycheque regardless of the corporate culture and environment).

The comment about tech stocks doing great doesn't seem to match reality as Open Text's stocks have never been a tech stock performer like some tech giants, probably because of the way the company operates (frequent mergers/takeovers, stock dilution, etc), and the stock has not really moved much in many years. It does make me wonder if this poster is an OT employee or isn't familiar with how it works in most corporations. People leaving in my experience does not mean a shower of cash and promotions on the people left behind, generally you're just given their work as an extra duty and your compensation and title stays exactly the same.

OT has absolutely lost a large number of people with breadth of skills and knowledge who simply got things done, either leaving willingly due to shifting culture and more employee-oriented companies having more appealing workplaces, or not, though layoffs for various reasons. The ones left can see that there is a dearth of knowledge, skills and ability to keep project moving on schedule and they are seeing the reasons for working there shrinking as OT has taken away benefits over time (work from home, dr-g and health coverage, being an employer of choice, etc). There is also a shift in culture due to a large influx of employees through mergers and hires that brought in people who don't necessarily share the same values as the longer-term employees. Companies change and evolve over time, that's not always a bad thing, but when you see large numbers of competent people bailing out, it's not a great sign.

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Post ID: @15p+1k6de9cx8

It's pretty obvious many middle managers were let go because of their high compensation. That was Mark B's doing and he created a toxic culture IMHO. If you are still with OT it's worth hanging around and seeing what happens with new leadership.

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Post ID: @e5+1k6de9cx8

IT su-ks so bad after they fired most of the good talent. The upper level doesn't understand how to create secure environments for dev to work in. Seriously the biggest cluster f__k I've seen in 40 years of working in the industry.

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Post ID: @bm+1k6de9cx8

You should thank OT let you stay. If you are smart and creative, why Ollie still looks like Sharepoint? If you are not smart, you should be let go as well.

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Post ID: @af+1k6de9cx8

Why are you even bothering to worry? Seriously, you have a job—you've already won the very sad lottery of the current market. The job market is, of course, a raging dumpster fire, but that just makes your continued employment proof of your sheer luck!

And the best part? When your colleagues have the good sense to quit or get laid off, you don't need to cry for them. No, you should be thanking them, because every departure is just a free, unearned promotion and pay bump for you.

Now that every company is less of a creative hub and more of a bureaucratic paper-shuffling operation, your specialized ability to run tedious processes in finance, HR, or IT means you are practically indispensable. Don't worry about building anything new; just keep the engine running.

Keep your eyes on the prize: the tech stocks are doing great, which apparently means your life is going great. Just clock that overtime, ride out this whole ridiculous AI/Tariff Dilemma circus until 2026, and we'll be... fine. Probably.

So, for the love of stability, stop wasting company time with those meaningless coffee chats.

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Post ID: @a5+1k6de9cx8

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