Opentext Layoffs 2024 Lok. Tech layoffs at opentext as it acquires micro focus for $5.8 billion, creating a large information management and security company. Opentext corp.'s chief executive says the company plans to shed 1,200 roles as part of a business optimization plan.
Although the number of jobs being cut is 1,200, opentext said it will reinvest savings into creating 800 new roles in sales, professional services and engineering to. Opentext layoffs will impact 8% of its workforce, the company announced in a statement tuesday.