DataCA

OpenText Layoffs

May 2025

OpenText announced a layoff affecting 1,600 employees in May 2025. The company operates in the Data sector.

People Affected

1,600

Announced Date

May 6, 2025

About

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.