Thread regarding Open Text Corp. layoffs

Managers

I heard from one employee that the managers are picking who to chop.More coming tomorrow this will be the biggest layoff in OT history

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| 1371 views | | 10 replies (last July 4, 2024) | Reply
Post ID: @OP+1tkPXcXl

10 replies (most recent on top)

Looks like 2024 layoff is finished for now. Actual announcement out, Opentext Version negative 3.0. May the next 2025 layoff be a small one.

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Post ID: @1rrp+1tkPXcXl

when you said "got let go after 15 years of working there", it should be very easy to be identified(if they want to)...do not say "I feel bad for the people left in my organization because nobody else knows how to do my job. I'm sure a lot of people are going to leave on their own after this week. ", it is not worth it, everyone is dispensable in corporate America
just move on

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Post ID: @wcc+1tkPXcXl

My manager read script , as they are required, but than he called me separately to have a human to human conversation. He's a good guy

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Post ID: @xlf+1tkPXcXl

I was one that got let go after 15 years of working there. Yes, my manager read off of a script and I told him to STFU and just get it over with. I can't discuss the terms of my separation or my severance, but it was fair. I feel bad for the people left in my organization because nobody else knows how to do my job. I'm sure a lot of people are going to leave on their own after this week. How can you let go of 1/2 of your workforce and expect people to stay? We were already overworked and underpaid.

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Post ID: @mnc+1tkPXcXl

Wow, I know a few senior employees(20+ years) were let go a few months ago, yes, they seem to target those with higher compensations

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Post ID: @ldz+1tkPXcXl

The layoffs are not done. As stated biggest layoff in OT history. So bad as you hear people commenting the managers read scripts

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Post ID: @pdr+1tkPXcXl

Define managers- most directors are in the dark - this has been planned at SLT level with little thought re: performance or roles. Weighting seems to be on virtual employees.

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Post ID: @jwn+1tkPXcXl

Scared 😨
Many are still on PTO

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Post ID: @bbu+1tkPXcXl

Wonder how many more will be let go tomorrow and Friday

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Post ID: @zlk+1tkPXcXl

Product manager was laid-off not sure if in the US or the UK.

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Post ID: @gpe+1tkPXcXl

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