Layoffs: Sign of Problems or Smart Strategy?
On May 20, 2015, OpenText (OTEX) laid off 5% of its staff, closed some facilities, and did a management shake-up. Based on its global workforce of 8,500, the layoffs will impact 425 positions. (see OpenText CEO Resumes Full Involvement in Day-to-Day Operations). Then, on June 1st, CBC News announced “that OpenText would have to replace… read more >