OpenText has been doing random/sneaky layoff since Fall 2022. Some people here and some people there... trying to stay under the media radar and avoid layoff reporting. From staff HR to sales reps, people have been let go from across the country with the company giving only two-weeks severance pay even for 10 year employees.
16 replies (most recent on top)
July 2nd 2024 and Opentext is going through another round of mass firings! There motto is better together…until we don’t need you anymore. Not a company to work at if you want a long career! Management is terrible!
A sh---y company! Laying off people who gave their everything for the companys success throughout many years were let go with no severance pay, kicked out the door in a minute with no help or support what so ever. For everyone who survived this time, your time will come and youll get the same, better go on your own term than continue for this sh---y
https://www.severancepaycalculator.com/online-severance-calculator/
Re layoff compensation
https://globalnews.ca/content/9036576/what-to-know-severance-package-mass-layoff/
Re Power Shift, Google it.
https://www.regus.com/work-us/en-us/welcome-generation-flex-employee-power-shift/
https://www.forbes.com/sites/forbesbusinesscouncil/2022/04/25/power-has-shifted-to-employees-what-leaders-can-do-about-this-opportunity/amp/
https://www.thehrdirector.com/features/future-of-work/how-should-you-navigate-the-employer-employee-power-shift/
https://www.pageuppeople.com/resource/power-shift-your-employees-are-no-longer-at-your-mercy/
https://www.peoplemattersglobal.com/amp-employee-engagement-the-great-power-shift-which-can-work-in-employees-favour-34030
That sucks senior account executive.
I got 3+3
But it should me more as manager and experienced worker over 50.
Everyone tells me seek a laywer, and OT had planned you will likley get a laywer to send a letter amd ask for more. Do this as a minimum
Ontario Canada here.
I know poeple that were let go atborhwr places that got way more. And when they swnt a letter it went up a little more.
The axe swung yesterday morning (senior account executive). Two weeks + two weeks (as long as I return my computer). On to the next chapter!
@smcz+1lJQAsAI
what kind of power shift?
2 weeks ago they cut 60 (approx) HR staff many were senior and Directors.
Some actions are slowed as in the UK / EU the works councils have to be engaged. That has slowed down the process. Even this the CEO wants a big bang. His diver is that people will not talk about it as long and many specific situations will be burried and over shadowed. I am sure he us not happy. As he like to be in control and in the driver seat. He has been really annoyed with the power shift that happened recently.
He is almost ready to say 100% back in the office or be termed for breach of policy, but he has pushback from his teams, that it woukd cripple them.
Large round of layoffs today. Lots from the Micro Focus acquisition. Layoff package went from 2.5 months to 2 week! WTF
I don't see OpenText here: https://edd.ca.gov/en/Jobs_and_Training/Layoff_Services_WARN yet, they did not file, it would appear in the spreadsheet for current,
Which was done Feb 1st. 60 days has been met.
A company with a covered establishment that has 75 employees or more is required to file a WARN notice if the company lays off 50 or more employees during any 30-day period.
Source: California Labor Code, Section 1400
There is no minimum in US. Severance to my knowledge is based on time served.
only if its over a certain percentage.
Thought the Warn Act required an 8-week minimum.