Thread regarding Open Text Corp. layoffs

Layoffs in motion — is this just the beginning?

This isn’t speculation anymore — layoffs are happening, and India seems to be in the middle of it right now (likely continuing through the week). From what I’m hearing, this is part of a broader org restructuring with global impact. The numbers being discussed are all over the place — anywhere between ~4% to 10% workforce reduction. Some estimates suggest ~1,000 roles, while others go as high as 4,000.

What’s less clear — and more concerning:

Are there additional waves planned in the coming months?

Is this happening ahead of a new CEO transition ?

There are also whispers about another significant round around June — any truth to that?
Would be really helpful to hear from folks across orgs/locations:
What’s the ground reality right now?
Are teams being given any forward visibility?
Is this a one-time correction or a longer restructuring cycle?
Feels like there’s more beneath the surface here — trying to piece together what’s actually coming next.


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| 21 views | | 8 replies (last March 24) | Reply
Post ID: @OP+1kmdzs844

8 replies (most recent on top)

We will be acquired by IBM and then most of us will be redundant.

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Post ID: @br+1kmdzs844

Why — are — you — using — AI — to — make — this — slop — post?

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Post ID: @ac+1kmdzs844

It is definitely not 'one and done'. That is not how OT rolls.

They have a pattern of 1 major and at least one minor layoff every single year.

This year however with a new CEO coming in my bet is at least 2 major layoffs.

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Post ID: @a7+1kmdzs844

@a3 Grand Theft Auto?

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Post ID: @a5+1kmdzs844

Laid off today. From the GTA.

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Post ID: @a3+1kmdzs844

@OP OT has been a sc-mmy scavenger type of company since Mark B and his gang took charge with fake “innovation “ and demo ware and enriched themselves. Now it is time to cut and see if it an be a real software company again. India, Barcelona, Montreal, SF Bay Area etc have all been affected. It’s likely only the beginning

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Post ID: @a2+1kmdzs844

all those questions but few will have answers here.

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Post ID: @a1+1kmdzs844

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