Have these happened already ? I haven't heard anything, it's usually in October
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There are some semi big announcements coming, including the movement of people from core to non core business units, and a non core business unit getting slimmed down for divestiture. Also, Ayman displeased with unsuccessful F27 GTM change. His ELT is already spinning this as employee issues -too many current employees are not cut out for the new OneOpenText and this includes all levels but not the ELT of course. There is already planning starting to address all of these ELT excuses with F28 roll out.
How long will Ayman buy into this ongoing excuse quarter after quarter, year after year, that company is tanking because of the wrong workforce, the wrong processes, etc., and start recognizing that the issue is the ELT passing the buck over and over again.
I mean, the guy overseeing global sales hasn't had a growth year since he arrived. Why is he still here???
@cn March seems to be the "tradition" for the big layoffs at OT, and this is clearly because the company then says it saved money in time for the end of FY reports that will be prepared in the coming quarter (with FY end at June 30).
RTO for remote employees starts January 2027 remember, ones who live within 50mi of an office.
March sounds plausible because this gives those employees enough time to leave, allowing OT to not pay servance.
We already have people leaving for this exact reason, and India are seeing many people leave due to Non-Core sell off
@bg what's happening in March
Most of the layoffs will happen starting in March 2027
Seen a few people (not lots, but I only regularly interact with like ~30 ppl) just vanish off the org chart, but as usual... crickets.
@ah when
yes, it's happening