Thread regarding Open Text Corp. layoffs

The layoff logic I don't understand

I've seen several rounds of cuts now. And I still don't get how they pick who goes. Because time after time, the ones who get cut are the people who carried the team. The ones who went above and beyond, who stayed late, who kept things running. The heart of the team gets ripped out. And the people who do nothing stay.


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| 51 views | | 14 replies (last April 13) | Reply
Post ID: @OP+1knsx35n7

14 replies (most recent on top)

@wh ..."the more exploited (overworked, underpaid / underresourced)" that description applies to everyone I work with.

Will be interesting to see what OT looks like in a year. Layoffs su-k. But if they're based upon performance, or business priorities, at least you can make a logical argument as to their need. This method is just... short sighted as he-l. Similar to RTO mandates, no real value, just performative bullsh-t.

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Post ID: @wj+1knsx35n7

Performance had nothing to do with it. Purely financial. Many high performers (read: high pay) impacted. People were selected likely based on fit to some financial formula - the more exploited (overworked, underpaid / underresourced) the less likely you are to be targeted IMO.

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Post ID: @wh+1knsx35n7

@eg they’ll probably start charging employees to use the bathroom like they do on European discount airlines.

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Post ID: @s2+1knsx35n7

@bj Nice being able to afford an extra pizza or so a month, with a coupon of course.

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Post ID: @jn+1knsx35n7

Maybe Shannon will start blogging about how good she is at cutting expenses by laying off employees. Or have a podcast called “Another one bites the dust” with her wisdom.

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Post ID: @ep+1knsx35n7

@aa I think I know who you're referring to. If I’m right, it’s Marty and his direct reports. Could easily get rid of them today with zero impact to operations or business, probably will save around $1mil in salaries, plus another $500k in bonuses and administrative costs. However, given their good acting and close ties with his boss, it's unlikely they’ll be going anywhere. They are termites eating away the company from inside.

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Post ID: @eg+1knsx35n7

At OT it has zero to do with capability, going above and beyond, or being an asset. We are all numbers. They cut based off region, salary, and virtual. Nothing else matters to them. That's why they are circling the drain.

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Post ID: @dh+1knsx35n7

Entries on a balance sheet. That's all you are to the powers that be.

You mean nothing to them, and yet you sit in frustration at being neglected.

Walk out. Go sling coffee or work in a bookstore while you search for something else. Substitute teach, get a job as a janitor or deliver pizzas. ANY of that is better than the sh*t OT is putting you through.

No two weeks. No notice. Just pack your stuff and go.

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Post ID: @d7+1knsx35n7

@bj all decisions are based on totals in a spreadsheet not performance assessments. AI bots are the cheapest and work 24/7 so they are the most attractive to the leaders and provide the best story to the board and investors.

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Post ID: @d2+1knsx35n7

It’s based on pay

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Post ID: @bp+1knsx35n7

If thats the case, I’ll be the last one to be laid off from my team. Im pretty sure Ive been underpaid ever since I got hired. Salary increases have only been 1% yearly wtf thats like $60 increase per paycheck and after taxes I only see like $5 of that. This sum bullsssss!

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Post ID: @bj+1knsx35n7

@a2 yep. When I got hit I heard afterwards there is a report generated and a team that sorts the OTE. Very little consultation, if any, to their leadership chain.

Anyone reading this, don't feel bad if you're cut. You likely worked you a-s off, had many great wins with your team, saved the company money and made the company even more money.

You went the extra mile. The failure is leadership's, not yours.

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Post ID: @ag+1knsx35n7

High performers should get paid well. I was part of what @op mentioned . Exceptional performer for so many years . But my GREAT boss had his own plans and put me on a chopping block. He used to copy paste my emails to his bosses after removing me from the loop, show casing his ability to run the team. No vision no clue bosses survives in OT and stock reflects it so wells .

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Post ID: @aa+1knsx35n7

Their salary probably. They have high pay so they get the boot

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Post ID: @a2+1knsx35n7

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