Ayman was given the okay from the board (including approval on HUGE spend) for what is unfolding now for F27. The caveat is that these investments must grow the business in each product group by 2%. To be clear, not an overall %, but each sales BU... — read more 

Winning ‘Best Company in Canada’ after shrinking from 35,000 employees to 20,000, spending a decade dismantling products, and still paying for awards… now that’s commitment to the wrong KPIs. I guess the award was based on marketing, because it... — read more 

The SLT received HUGE comp increases for the new opentext and many are on LI announcing their promotions and sharing endlessly about their many accomplishments. Others are publicly talking about the new GTM model , clearly excited about their new... — read more 

A lotof cliches can be said so I'll spare you the boredom. They did it again, stakeholder value was retained for a quarter at a cost of competency. We knew this comany is not here to innovate, I mean the top product is a cheap SharePoint variant... — read more 

https://betakit.com/opentext-lays-off-two-percent-of-its-workforce/

As expected, my LinkedIn feed for the last 18 hours has been filled with former colleagues announcing they had been kicked to the curb by OpenText. But in a new sick twist, a number of remaining employees have taken to LinkedIn to crow how they were... — read more 

This seems like a small round, but you can never tell with the size of the company.

Are there any cuts coming to engineering or cloud operations ? If so when

I was let go today along with many others at the Waterloo office. Many good people. All very senior, so it is all about cutting cost as much as you can. Happy to leave. Dead products with no future growth.

The poor performers are being removed from the company The people who don't do any work and don't comply with RTO policy are gone We can now move forward and thrive without the dead weight

Today I witnessed all that is wrong with the human race. All people really care about is themselves, they asked the questions, but all they really wanted to know or hear was not me, not me(this time). However, what I found most disgusting was the... — read more 

On a town hall just now, EVP mentioned there are layoffs coming. Hopefully it won't impact too many people.

As the title says. its WFRs with no relation to performance

To the folks that have knowledge of the layoffs and willing to share. It’s su-k being laid off but at least you are prepared for it and not blind sided one day. Gives you time to look for other jobs and get your finances in order.

Will there be more tomorrow?

Does anyone know what the payout for each year of service is with OT?

Just got layoff. Remote, but HR said it is not because I was. remote.

What is the difference or how are they related?

Just heard of several people in support and professional services getting whacked today. Bloody Monday

I don't think we'll see another major round of layoffs anytime soon based on the pattern. But you should still keep your resume ready.

For me, the biggest issue is that RTO is basically a pay cut in disguise. Between gas and all the other extra expenses, it adds up fast. If they gave us a pay raise that covered those costs, I honestly wouldn't mind it nearly as much as I do now.

I keep asking myself when things started going wrong. I've been here long enough to remember a time when this company actually valued its best employees, when merit actually meant something, and when the people who worked hardest and produced the... — read more 

Anyone remembers that L.O.V.E. is a registered TRADEMARK (!) of OpenText? I remember that James or Tom, when asked about RTO, said "if you were with your customer till 2am, no one will expect you to be in the office the next morning ".

I'm not getting all those discussions whether it's now over, the wfrs. You don't listen or what? We are only two thirds through the costs savings program. One third is still ahead of us. Source: CFO, Q3 investors call. Do you think one third can be... — read more 

This is the day. Keep in your pocket.

The layoffs are over, done and dusted We can now look forward to OKC

Taking all PTO together this year but it’s not enough for my needs. I need an extra week or two - manager says they can permit remote work if it’s a short duration but with RTO 5x from Sep 1, I’m worried 😟 This is for North America. Will HR &... — read more 

Sales got hit, rest of company will survive unscathed It's over folks , rest easy

Did anyone else see that the WW Sales & Partner Ecosystem accidentally sent out & then cancelled a call for July 9th today? “Send invite out on July 7” and “(FY26 AE → FY27 CE or C-SSE)” are part of the description. I’m glad I thought to screenshot... — read more 

Good luck all. Started Monday.

the market knows we are swirling the drain. It knows NOT to reward us because we are not doing anything that should be rewarded.

We are hiring and have returned to growth Hundreds of open positions with a clear hiring and go to market strategy The markets love us and are rewarding us with a solid stock price

Seems like there were some layoffs already this week , is it over ?

been there just 8 months, got laid off today with several peers. big changes to the sales/partner org. really cr-ppy to have been lured away from a good job only to have my OT position eliminated a few months after I started.

No layoffs again today, tomorrow and Friday are holidays Looks like all the rumours were not true, nothing happening

Are we expecting movement this week ? When can we expect notifications