OpenText plans to lay off 1,200 employees, add 800 positions to support 'growth and innovation plans'

“The business optimization plan is intended to strategically align the company’s workforce to support its ‘growth and innovation plans,’” according to the company’s July 3 filing with the US Securities and Exchange Commission.

clock • 3 min read
OpenText plans to lay off 1,200 employees, add 800 positions to support 'growth and innovation plans'

OpenText, a supplier of a wide range of cybersecurity, AI and other IT management solutions for MSPs, plans to lay off 1,200 employees and add 800 positions as part of a "business optimization plan...

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