Thread regarding DXC Technology layoffs

DXC Technology - Our New Company, Our New Name

Our New Company, Our New Name (Source: @LR2oVR5-irl or www.thelayoff.com/t/LR2oVR5

Today, we have exciting news: The name of the new company formed by the proposed merger of CSC and HPE ES will be DXC Technology.

The announcement today includes just our new name and logo. The full launch of our new brand will take place worldwide in conjunction with our listing on the New York Stock Exchange under the ticker symbol “DXC,” planned for April 3, 2017.

Trust, Transform, Thrive

With a mission of leading clients on their digital transformation journeys, DXC Technology will be recognized globally as a force multiplier, enabling clients to seize the opportunities presented by today’s rapidly changing technologies.

The DXC Technology brand will be built on a foundation of trust and transformation, with a relentless drive to help clients thrive on change.

  • Trust: Clients are betting their future on us. And we have the combined experience and calm hand to lead them through technology-driven business transformation like no other company.

  • Transform: Together, we will have greater resources, better talent and larger global reach than ever before to help our clients transform, giving them the confidence to manage accelerating change.

  • Thrive: By positioning ourselves as uniquely able to help clients thrive on change, we’ve captured a truth that will only become more essential with time.

A Unique and Highly Differentiated Value Proposition

Over decades, CSC and HPE ES have successfully transformed our businesses and met the challenges of innovation, helping to guide the world’s largest enterprises and government agencies through multiple change cycles.

Together as DXC Technology, our technology independence, world-class talent and industry-leading partner ecosystem will provide a clear and confident vision for the future.

  • Technology independence: Through our partnerships with the world’s leading technology providers, we will deliver the best, most proven solutions to de-risk technology investments.

  • World-class talent: We are going to invest to attract and upskill the talent who will lead global business tomorrow.

  • Confident guidance: We have met the challenges of innovation many times before, and have a clear and confident vision for navigating the future.

Our brand story will reflect our CLEAR values:

  • Client-focused, Leadership, Execution excellence, Aspiration, and Results

Shaping Our Brand

Since we announced the CSC-HPE ES merger in May 2016, defining the brand identity of our new company has been a chief priority. Our integrated CSC-ES team has been working in collaboration with leadership and the global brand firm Siegel+Gale on a brand strategy that reflects the true expression of our new company’s mission, vision, values and culture.

The group explored a great many options, including many that were crowd-sourced from inside and outside our companies. We sought a brand that would be fresh, distinctive, and highly differentiated. We worked to create a brand that would set us apart, yet represent the best qualities of where we’ve been and, most importantly, what we aspire to be going forward.

The framework established to shape our brand identity embraces these core attributes:

  • Differentiates us from the competition

  • Clarifies what we promise and deliver

  • Drives preference

  • Inspires employees

  • Guides go-to-market investments

The DXC Technology Brand Identity

Creating a new brand should send a signal that DXC Technology is going to be more than just a bigger company. DXC Technology will lead clients through accelerating change, helping them harness the power of technology to deliver new outcomes to transform their business.

  • We are an experienced hand who has met the challenges of innovation many times before, and has a clear and confident vision for navigating the future.

  • We work with clients, at their side, to solve complex challenges in ways that minimize business risk and maximize opportunity.

  • We operate differently: Our world-class talent becomes part of our client’s team, innovating with them and putting the right technology to work for them. We partner with other technology leaders. And we invest in building collaborative client relationships that flex and grow to help meet new challenges with confidence, speed and agility.

  • We bring assured authority to every challenge: We look change squarely in the face and see the opportunity in it. We work with the confidence of having before met the challenges of innovation.

Bringing DXC Technology to Life

Today’s brand reveal is a “soft” launch intended to inform our community, including our clients and partners who are some of our key stakeholders. We are issuing a press release and making a requisite filing with the U.S. Securities and Exchange Commission.

We will fully launch the DXC Technology brand in a big way globally, among all of our stakeholders, following the transaction close. Day 1 is currently scheduled for Monday, April 3. Until that time, please take the time to:

  • View this brief introductory video and sizzle reel that provide additional insight on the DXC Technology brand.

  • View the FAQs that will guide you through the guardrails around our new name and logo.

It’s important to note that the DXC Technology brand should NOT be actively used in any materials until our new company’s debut.

We will continue to communicate regularly about our progress and activities, and to seek your thoughts and ideas on the merger along the way. An archive of prior communications about the merger is available on the ES Spin Merger News site.

We hope that you share our excitement and passion for our new company’s brand and future. Thank you for your continued energy, enthusiasm and hard work.

Mike


Additional Information and Where to Find It

In connection with the proposed transaction, Everett SpinCo, Inc., a wholly-owned subsidiary of Hewlett Packard Enterprise created for the transaction (“Spinco”), filed with the SEC a registration statement on Form S-4 and a registration statement on Form 10 containing a prospectus-information statement and CSC will file with the SEC a proxy statement on Schedule 14A. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE REGISTRATION STATEMENTS AND PROSPECTUS-INFORMATION STATEMENT, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PARTIES AND THE PROPOSED TRANSACTION AND TO READ OTHER DOCUMENTS FILED BY CSC, HPE, AND SPINCO (INCLUDING AMENDMENTS TO EXISTING FILINGS) AS AND WHEN THOSE DOCUMENTS ARE FILED BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PARTIES AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of these and other documents filed with the SEC by CSC, Hewlett Packard Enterprise and Spinco at the SEC’s web site at http://www.sec.gov. Free copies of these documents as well as other documents that will be filed in the future (including amendments to the documents) and each of the companies’ other filings with the SEC, may also be obtained from CSC’s web site at www.csc.com.

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” Many factors could cause actual results to differ materially from such forward-looking statements with respect to the transaction referred to above including risks relating to the completion of the transaction on anticipated timing, including obtaining shareholder and regulatory approvals, anticipated tax treatment, unforeseen liabilities, future capital expenditures, inability to achieve expected synergies, loss of revenues, delay or business disruption caused by difficulties in integrating the businesses of CSC and Everett as well as the matters described in the “Risk Factors” section of Spinco’s Form S-4 and Form 10, CSC’s most recent Form 10-K and any updating information in subsequent SEC filings. CSC, Spinco and HPE disclaim any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise, except as required by law.

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Post ID: @OP+LSRo2h4

3 replies (most recent on top)

OP Thanks for sharing this.

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Post ID: @yph+LSRo2h4

LOL - you honestly think they care about the rank and file?

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Post ID: @zum+LSRo2h4

Maybe I didn't go to business school, but I always thought that you built a reputation with your deeds, not your words. They can waste as much time and money as they want "defining the brand identity" but it's all just meaningless corporate doublespeak. The brand will be defined by what the technical rank and file can deliver. Let's hope that leadership never forgets that.

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Post ID: @qod+LSRo2h4

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