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Working From Home Prompts Tech Firm to Permanently Close Half Its Office Space

Ontario's OpenText Expects Move to Save Up to $75 Million a Year
OpenText's corporate office in Waterloo, Ontario, is not going anywhere, but with employees working from home during the coronavirus pandemic, the company is now convinced it can reduce its office footprint by 50% globally. (CoStar)
OpenText's corporate office in Waterloo, Ontario, is not going anywhere, but with employees working from home during the coronavirus pandemic, the company is now convinced it can reduce its office footprint by 50% globally. (CoStar)
CoStar News
May 2, 2020 | 2:05 P.M.

OpenText, an enterprise software company with 95% of its approximately 12,000 employees working from home because of the COVID-19 crisis, has come to an interesting conclusion about its office space: It only needs half of it.

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