0
OpenText is cutting 1,600 more jobs, and its chief executive says the work will be done with a machine via AI
| Company | OpenText |
|---|---|
| Jobs affected | 1,600 |
| Type | Layoff |
| Date | 30 Apr 2025 |
| Country | Canada |
| Industry | Information Technology |
| Reported by | OpenText results release (SEC filing) |
OpenText, the Canadian enterprise-software company, expanded its restructuring on 30 April 2025 to a total net reduction of about 2,000 positions, an increase of about 1,600 on the plan it had already announced. Its results release says the expansion covers costs "associated with workforce reduction due to automation, centralization and simplification". On the earnings call, chief executive Mark Barrenechea was more direct when an analyst asked how the number was reached: "We've been doing a very deep analysis of what roles we can. The work still needs to be done. It's just going to be done with a machine via AI." He named the targets too: "roles like the general knowledge worker, support, document generation, QA, entry-level program, administrative work, help desks, everything that can be accomplished through AI." The company expects up to 400 million dollars in annualised savings. Automation is one of three stated reasons, alongside centralisation and simplification, and OpenText gives no split between them. Few executives have listed the job types this plainly, and the list is ordinary office work.