I can see the logic in getting rid of older employees who earn more and replacing them with younger and cheaper workers. I don't justify it and I think it's a mistake, but at least I can see the logic behind it. What I don't understand is why hire... — read more
Topics regarding layoffs at DXC Technology
I can't get myself to do much beyond what is strictly necessary because I don't see a point in it anymore. Why try when the chances are higher of me being laid off before the end of this year than not? When the chances of me getting hit by a bolt of... — read more
Someone made a good observation, I think that exactly two years is the period from when a person starts working hard, making every effort, subordinating their private life to this company - until the moment when they work the bare minimum and start... — read more
Mike2 brags about Employee Engagement. Look at the slide deck. I don't know why he is so shy about sharing the results of the survey, when it was soooo good. Or why he is so thin-skinned when getting questions on bonuses or pay raises. Read it... — read more
What are your thoughts?
So while you wait to see what demeaning pay rise you'll get, if any in Q2..... according to Yahoo finance. Mike got $6 Million of stock in this calendar, Mary, $3 Million and Vinod $2.5 Million. That is just in the last six months. What they... — read more
The company would like to continue to cut back in the areas of “Mainframe Applications Service” and “ITO Cloud”. In addition to this, the company is planning in DXC Technology Germany to close the Berlin location completely and to lay off most... — read more
aybe I'm exaggerating, but dxc is moving towards complete collapse. Instead of dealing with some constructive things, their priority is the logo. Strategic thinking does not exist here. I'm afraid there's no way this company can be fixed. If there... — read more
I started looking for a new job because I feel very underpaid in relation to the amount of work I do. For a while, I thought that I would somehow be able to bear the fact that I was paid a little, if only they would reduce the amount of work I had... — read more
Looking at the cash-to-debt ratio and interest coverage can give a good initial perspective on the company's financial strength. DXC Technology Co has a cash-to-debt ratio of 0.43, which ranks worse than 83% of the companies in Software industry... — read more
This company concentrates on the most unnecessary things, new logos, new brandings and not the employees. Without the employed, DXC doesn't exist. Quit trying to make decisions from the top and put some decisions in the hands of the employees doing... — read more
Mike gets angry about people who are underpaid and underserved asking about pay. Mary squirms when asked about the bonuses, the decision making and awareness of which speak volumes to the (lack of) transparency at DXC and the parlous state of... — read more
None of the values talked about are experienced on the ground floor. So how about real DXC? We value Exec bonuses Massaging our financial losses and revenue decline Slogans, platitudes and rhetoric over strategy and plans Milking... — read more
My DXC shares currently stand at a few grand. I'm obviously not Mike Salvino. Here's the question though. Do we think this sh1t show is about to implode and therefore a good time to jettison those shares now before they plummet yet again? I'm quite... — read more
Liebe Kolleginnen und Kollegen, im Konzern zeichnen sich große Veränderungen ab. So kann man über unseren neuen CEO, Mike Salvino, Interessantes im Internet lesen... — read more
The incentive system discourages achievement. After years of putting in extra effort to “exceed expectations” and never getting a resulting pay increase, I cut back my efforts. Now I get "meets expectations" on my annual evaluations with the same... — read more
After 4 years DXC becomes the "new DXC". That seems to me a poor result. Sure we have a new logo, but the problems are still the same. Low wages (please Mike, don't be mad). Toxic Deals. Where an employee has to work on projects but can't put... — read more
I understand that it costs a lot, but I am afraid that it will cost this company a lot more if it continues to neglect the necessity of investing in digital transformation. The situation as it is now is awful. Every investment carries a risk, but... — read more
Just seen the new DXC logo. It reminded me of a broken chain and I thought how fitting. DXC is the broken link that will stop your business from transforming!
Ever since I saw how they work in this company I only work the bare minimum. Hard work doesn't make sense, I know a lot of workaholics who were shown the door very quickly. However, it’s funny that even though I'm working the bare minimum, I have... — read more
DXC Technology: Why It Is Still A Buy DXC's turnaround plan is in play. Margins set to expand. Price target of over $40 discussed. Strong Third-Quarter Results DXC posted earnings of 84 cents a share as revenue fell 14.5%... — read more
I saw something about Feb's glint survey - focused on response rate primarily. Did the results get communicated? In ANZ we were leant on respond and learned from the last round that saying anything constructive just came back to bite you. We... — read more
It looks like they may be closing the office. Does anyone know?
The share price crosses $40 on pretty dismal financials. Organic growth is in decline and it's slash an burn of costs (i.e. employees). When the company starts telling you "how to talk to the street" you know you're in a share price walk up. ... — read more
I wonder how many employees who have achieved the top performance rating are seriously downgraded here? I really couldn’t accept to just shrug my shoulders and wait for them to lay me off. As soon as that happened I immediately started looking for a... — read more
DXC has created a stressful situation in which nobody comes out as a winner - except the ELT, of course. Just think about it, when there are layoffs we either lose our jobs or we are "lucky" enough to survive but we end up saddled for good with the... — read more
I used to wonder if DXC rule-makers are trying to make our jobs harder given the bureaucracy of this company. By the way, there are probably valid reasons for the existence of many rules, but they are often very frustrating and unfortunately, they’re... — read more
How many people are thinking about leaving? If I were in the leadership position of this company, I would be very worried. Everyone I know is applying for a new job and seriously intends to leave this circus here. However, it seems to me that those... — read more
Opinions seem to be divided, some find the severance satisfactory and some not. I don't know what the situation is in competing companies in terms of severance packages, so I can't make a comparison. In fact, what interests me the most is whether it... — read more
This ELT knows how to do one thing and one thing alone: that's how to make sure they squeeze as much money out of the company as they can. Every single one of their moves is motivated by how it'll affect their bonuses. If you're expecting to see... — read more
Has anyone received any salary raises planned for July in the EMEA region?
I've done so much work lately and despite the chances being very slim, I'm expecting a raise. If I don't get a raise, I will send out a lot of job applications because it really doesn't make sense doing so much work pro bono. I think most high... — read more
I feel good here because I didn't have big ambitions and I think I was paid correctly for the bare minimum I work. Let’s say I’ve been pretty comfortable for the two years I’ve already been here. However, I am increasingly sure that this comfort... — read more
So much disrespect and demeaning of employees...how is this considered okay?
As this is the Layoff.com, what constructive information can you pass along , I have complained like others here but that doesn't help when your laid off. Lets start giving constructive information for those of us laid off or know where on the... — read more
How many would be willing to pack up their lives, uproot their family, and move to another city/state/country if offered a promotion? How safe of a move would that be knowing that layoffs are never out of the question, even for those recently... — read more
Someone asked a great question: How long can a company say they are in transformation, especially since we market digital transformation to other companies? I wonder the same thing. It seems to me that DXT is a company that deceives both its... — read more
Do you know anybody who quit and later regretted it?
Mike Salvino replies to Analyst Brian on the Earnings call Bryan, thanks so much. On employee morale, it's strong. I look back and reflect on where we started. Most of you all can take a look at Glassdoor, I think we started around 37%. We're... — read more
Funniest sh!t I've read all week is slide 21 that discusses where DXC sees itself today: People/Culture - Engaged Customers - Positive Revenue - Improving Marketplace - Winning Balance Sheet - Strengthened #Bullsh!t