OpenText

OpenText, a Canadian information management company with 22,000 employees, has laid off approximately 880 workers, representing four percent of its global workforce. The cuts, part of a corporate restructuring, affected roles across engineering, community management, and senior analysis in countries including the United States, Canada, and India. This move precedes the upcoming leadership transition, with former IBM Americas president Ayman Antoun set to become CEO in April. The company is focusing on its core AI-driven information management business and has been selling non-core assets to reduce debt, aligning with a broader three-year optimization plan.

OpenText, a Canadian enterprise software giant with approximately 23,000 employees, is laying off an additional 1,600 workers as part of an expanded business optimization plan announced in April 2025. This follows earlier cuts, bringing total net reductions to 2,000 roles. The layoffs are directly tied to the company's strategic shift to an AI-first approach, aiming to generate annual savings of $490-$550 million. CEO Mark Barrenechea detailed a 10-point AI mandate, making AI skills a baseline expectation for all employees and a factor in performance reviews. While cutting jobs, OpenText plans to strategically add back about 1,000 roles in key areas, reflecting a global restructuring to align talent with its AI-driven future.

OpenText laid off 1,200 employees representing approximately 2% of its workforce on 2024-07-03.

OpenText, a Canadian information management software company, announced workforce reductions following its $5.8 billion acquisition of Micro Focus, completed in late January 2023. The combined company, now with approximately 25,000 employees, expects to cut about 8 percent of its workforce, equating to roughly 2,000 layoffs. These cuts are part of a plan to achieve $400 million in cost synergies and streamline operations after the merger, which aims to create a global leader in software and cybersecurity. The layoffs reflect typical consolidation efforts in the tech industry post-acquisition, as OpenText integrates Micro Focus's products and talent to accelerate digital transformation for its clients.