Waterloo software firm OpenText cuts 1,200 jobs as part of business optimization plan

OpenText Corp.'s chief executive says the company plans to shed about 1,200 roles as part of a business optimization plan. The move will be combined with plans to create 800 new roles in sales, professional services and engineering and comes as the company is ushering in a new chapter.

Jul 4, 2024 - 19:05
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Waterloo software firm OpenText cuts 1,200 jobs as part of business optimization plan
A sign outside a building.

OpenText Corp.'s chief executive says the company plans to shed about 1,200 roles as part of a business optimization plan. The move will be combined with plans to create 800 new roles in sales, professional services and engineering and comes as the company is ushering in a new chapter.

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