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Information management company OpenText plans to cut about 1,200 jobs, or 1.7% of its workforce, and expects to reduce its annual expenses by CA$150M


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2024-07-03 19:49:14
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Policy / Governance

Juby Babu / Reuters:

Information management company OpenText plans to cut about 1,200 jobs, or ~1.7% of its workforce, and expects to reduce its annual expenses by CA$150M in 2025  —  OpenText Corp (OTEX.TO) said on Wednesday it would cut about 1,200 jobs, around 1.7% of its workforce, as part of its new business optimization plan.



Juby Babu / Reuters:

Information management company OpenText plans to cut about 1,200 jobs, or ~1.7% of its workforce, and expects to reduce its annual expenses by CA$150M in 2025  —  OpenText Corp (OTEX.TO) said on Wednesday it would cut about 1,200 jobs, around 1.7% of its workforce, as part of its new business optimization plan.



Source: TechMeme
Source Link: http://www.techmeme.com/240703/p24#a240703p24


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