People have been mentioning every single org that comes to their mind. Does anyone know something specific?

Its being said that next round is going to be in May itself rather than June

It's confirmed there are layoffs but what %? The 15-20% numbers include people being divested but what actual numbers for layoffs ?

Just a heads up to any coffee badgers - MS Teams is reporting your location activity and it is being actively monitored by HR. If you are coffee badging, you will be caught and once enough data is available for a "for cause termination", you will be... — read more 

I got fired for coffee badging. And I know I'm not alone. Cheaper to fire us than lay us off. Not even any sort of reprimand or PIP. They just went straight to "You're fired!"

Down 5% today. Looks like the bounce is over

It feels like we've hit rock bottom.

I've been at this company for ages, and I've worked with all kinds of different teams. Even besides the top C-suite folks, there are some total deadweight employees that really should get fired or transferred to another department — especially the... — read more 

I had to reactivate my account because recruiters kept asking for it, but the constant posts about nights out, people partying with coworkers, and random personal photos feel so unprofessional. Does anyone actually use this platform to help others... — read more 

What is everyone's thoughts on today's Town Hall?

Can confirm that company is actively monitoring office attendance and employees who are not complying with what is now policy will be terminated. Also, outside of sales-coded roles, there will be NO hiring for virtual employees. Waterloo is the... — read more 

I came here excited about the work. I was full of ideas and wanting to make things better. Open Text took all of that from me. They don't cultivate innovation. They don't even pretend to. Any new idea gets met with bureaucracy, indifference, or... — read more 

Anyone able to shed some light on the “compressed” performance review cycle announced this past week? The pessimist in me wonders if it’s just to accelerate the next round of layoffs, but I’d love to know more.

Got flagged for occasional coffee badging. They must be monitoring the cameras. Any others?

Only sales to get impacted and in very small numbers

How long until ADM is sold off? Is there a definite buyer? Will the potential sale include employees or are they likely to get laid off before the sale?

I heard sales people will be targeted as per previous treads but will managers from different departments will be too?

Nobody's exactly clinging to this place. A voluntary package would have takers, lots of them.

Some people say June, others July Which is it ?

Are random layoffs still ongoing? I’ve noticed a few people randomly disappearing this last week.

Full port in.

Does anyone know which non-core BU will sold next? Any confirmed buyers or rumors anyone is hearing? My area has been totally silent about it...

looks like OT should offer a voluntary redundancy round - they'd get a few more takers for sure! Maybe write a book on it. Canada/US market is open for business. closed to opentext - see ya #Energizing Life Every Day!

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... — read more 

Down another 6% today, can't drop much further now without default risk on debt and being taken private

Nasdaq up over 3% while otex is down 1% Once we miss earnings April 29, the stock is going to 15

Not waiting for July 1 like the exec chairman stated in today's email. Bounced today. House of Cards starting to fall. Wait until the FY27 plans are shared more broadly. Going to be a lot of unhappy campers.

trouble registering during onboarding, slow ticket remediation time, currently no health insurance and no work around........y even work

Last quarter we made the numbers due to last minute unexpected deals and currency tailwinds Looks like currency is now a headwind, anyone know how the numbers are looking ?

There is no follow through. There is always a new initiative being introduced. Big kickoff meetings, lots of excitement, and then nothing really happens. Within a few weeks, attention shifts to something else. How can anybody take us seriously when... — read more 

Massive reduction in force aligned for June under the code "restructuring". Starting July, company will operate under a completely new model. Won't get it into it here, but huge paring of middle managers (team leaders) and entire functions run under... — read more 

Legal hold tech and ADM are going go next. SMBC will be last as it needs a major player to buy it

I wish I’d been laid off. Not because I’d enjoy being unemployed, but because this whole thing has me so mentally drained that I don’t know how I’m going to handle more rounds, and we all know there will be more. At this point, it almost feels like... — read more 

The severance letter says sacrificed employees must return equipment within 5 business days of the last working day to receive severance. OpenText told our former colleagues they would provide them with the box and prepaid label. That sounds... — read more 

If the layoffs are over for now, does anybody know the total number of casualties? It seems an entire BU in Engineering was eradicated. There will be nothing left to divest.

And therein lies the problem

Heard a rumor that Ayman was caught in disguise walking around the Waterloo office as an employee. Can anyone confirm that or is it another April Fools joke?