OpenText Corp.'s chief executive says the company plans to shed 1,200 roles as part of a business optimization plan. OpenText CEO and CTO Mark Barrenechea speaks at the Open Government Partnership Global Summit in Ottawa, Wednesday, May 29, 2019. THE CANADIAN PRESS/Justin Tang

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

by The Canadian Press July 3, 2024

written by The Canadian Press July 3, 2024

OpenText Corp.'s chief executive says the company plans to shed about 1,200 roles as part of a business optimization plan. In an open letter to stakeholders released Wednesday, Mark Barrenechea describes the cuts as a way of "placing the right talent in the right locations of our business, funding g...

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

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