Thread regarding DXC Technology layoffs

Gainwell Technologies

Paulie moving to CEO so layoffs will continue with this new company.

But seriously, how did they come up with a name worse than DXC.?

by
| 5909 views | | 14 replies (last )
Post ID: @OP+16YYnWxQ

14 replies (most recent on top)

Whilst I don't disagree with the previous poster that the new CFO will be from Accenture (and tbh the "network" of a CEO always comes to play with regime change) I would disagree about the CFO needing to have IT qualifications or background.

We don't need a CFO who can write C++, we need a CFO who understands how to stop the company spiralling into the ground. Hopefully someone who is listened to, not one as a co-conspirator yes man.

Anyway, I am just surprised he lasted that long after Sally walked in the door.

In actual fact, many things about Sally surprise me. I can't work out though whether the difference between him and all of the previous CEO's is a breath of fresh air or simply that he's out of his depth and doesn't know how to act like a Wall Street CEO.

BTW my next guess for boardroom reshuffle is the CIO.... another one hopelessly out of his depth at this scale.

by
|
Post ID: @1bcz+16YYnWxQ

I am highly sure that the next CFO will be someone from Accenture, or whom had a career at Accenture. His or her qualifications are defended based on how many years work experience he or she has, or some mundane stuff like "we worked at an IT department some time ago and had a couple of beers/wines together". Possibly has a MBA too, that would be fuel to a dumpster fire.

by
|
Post ID: @1ror+16YYnWxQ

15 million saving , now they can't say there is no budget for pay raises for everyone

by
|
Post ID: @wir+16YYnWxQ

Good on Mikey S get rid of more dead wood and ineffectual "yes " managers to give this company a chance to survive.

by
|
Post ID: @kfm+16YYnWxQ

Finally getting rid of some dead wood, Paul S on $15million per year for doing very little has been ousted. But these lucky buggers always fall on their feet his now CEO but cant see them paying him $15m that was just a backhander from the the mike l era.

Well done Mike S you pulled off a brilliant $14 Million cost saving on 1 hit. Make sure the new guy is on max of $1m inc shares.

Next you need to trim a few layers of management as they really dont have anything to do. That should deliver another $100m and we will be in profit.

by
|
Post ID: @qpb+16YYnWxQ

It was impossible to log into the Video call today. A bad start.

by
|
Post ID: @iqe+16YYnWxQ

all the upper management talking excitement, haha. more BS, bad name, and another bean counter as CEO. Well the wait is over, deflating and very disappointing, so now I'll update the resume.

by
|
Post ID: @kxa+16YYnWxQ

Welcome to Gainwell Technologies !!! A new (sic) beginning , where they can't even manage the Town Hall to announce this to the employees... Most employees cannot connect and the response is ... THEY ARE WORKING ON IT, BETTER TO WAIT FOR THE REPLAY...

It sure is a REPLAY of the failed DXC... As usual it s a GAINWELL for Investors...and LOSE BADLY for the employees

by
|
Post ID: @jir+16YYnWxQ

So Lawrie's boot-licking CFO is moving on. Gainwell Technologies, haha, change that to Lose-A-Lot Technologies.

by
|
Post ID: @qtp+16YYnWxQ

A very elegant kick out. This saves a lot of money, as no compensation paket is required.
Well done Mike!

by
|
Post ID: @aif+16YYnWxQ

Which Accenture person will replace him?

by
|
Post ID: @kku+16YYnWxQ

Couldn't be more disappointed with the CEO choice - but bye DXC - won't miss you a bit

by
|
Post ID: @pgi+16YYnWxQ

Time to start our own page on Thelayoff.com

by
|
Post ID: @amz+16YYnWxQ

Post a reply

: