Thread regarding DXC Technology layoffs

Layoffs soon?

GETC which is part of HPE should be scraped first...no work ..all fun..and big fat salaries

Insider news. More layoffs coming. Be ready my friends.

Any finance leaders going with DXC?

This i s not even the worst part !

GO TAKE A LOOK AT THE HPE BLOGS AND REVIEWS.....................THEY MAY BE WORSE!

I'm there because I have a mortgage, haven't been comfortable or anything less than uneasy every minute of everyday I've been with CSC (almost 2 years). However, it's job and I'm not discovering tons of positions in our area - while the "position" for the vast bulk of the staff in our facility is Support, Help Desk, 24/7 Huge Enterprise world wide Corp., 90% of my peers (myself included) work 60-70 hours regularly. We're grossly understaffed and I can't understand how they could possible cut more. I'm not naive enough to think they won't but it makes Wall Street sense. Right now both Org's are stable for the next 2 1/2 - 3 years then all these huge account are going to dump them anyway. It certainly doesn't take a rocket scientist to figure out this merger was meant to show value now and be flipped or diced back up as soon as the contracts start disappearing!

I'm not particularly expecting anyhing good; but it sure would be nice to have a steady job when the dust clears. Even if it's a s---y job......

I have applied for WFR 13 times now (HPE) and still have not gotten it. Maybe now under DXC this will become reality. We can only hope.

@MkN5esO-5nou You cannot polish a turd but you can try rolling it in glitter...

i completely with your sentiments. It is all about meeting forecasted EPS - the wider picture, including revenue, is never considered. With falling revenue the only way to retain profit margins is to cut costs, which will work, for a while. However there is an old adage that "you cannot cut your way to prosperity".

This may not end well...

Any specific advise for techies from india who would be joining directly to DXC?. How the situation looks?

To the OP, what you describe is pretty much where CSC is already. I don't think its going to be a surprise to anyone.

How do you polish a turd? Just take out more costs and everything will be "fine". If $27bn of revenue becomes $20bn after the first 12 months, that's fine as long as the EPS increases.

CSC's revenue has fallen 10% year on year since Lawrie took over. It doesn't bother the shareholders one jot and the share price has rocketed from an all time low to a significant high.

The shareholders are happy.... less happy of course are the ragged employee survivors of the RIF's and the customers who find the service has slipped.

Its all about the asset strip, this is how you make "growth" in a falling market.

But its not Lawrie's own fantastic idea - look around, this is happening all over corporate America.

It will start soon after the merger. 20-25%. Be prepared.

My team and myself were told that we were going to be notified. We were given documents upfront so we could get familiar with them before our notification. We all figured out our severance, etc. then not even a week later we were told that all WFR's were on hold. We have heard the rumors about severance going down to 2 weeks and that is it. We all have significant years with the company and would have gotten a good severance. We were devastated to find out we were not being notified since we feel it will still happen just under DXC and now we will get screwed on severance. By the way we are billed to the client. They make money off of us, yet we were told we were going to be gone and no replacement. That doesn't even make sense.

Thanks for the laugh Bill. Mind if I smash up the office printer next week?

At Initech we never replace our workers with cheap foreign labor. We gave merit raises, We gave longevity raises. Our kept our middle management so confused that they would not leave. People who did leave did find other better opportunities at Inatrode, IBM, and smaller IT type companies. Good Luck.

As a current employee of CSC, I can state the information that has been flowed down to us from the Leaders has been spun in a "all things are possible; great changes are to come" sort of way which we fear has led our employees to believe in possibly a false hope. CSC has not provided merit increases in years and the hiring has been frozen for months now however recently they have released a new protocol for requesting requisitions which still is the ridiculous "Temp to Prem" method. CSC has been a company that has pushed hard for maintaining a virtual work environment with majority of our employees being remote workers, which is also why they seem to have stopped maintaining the few facilities we have left. I have encouraged our employees to do their research and to get themselves informed as much as possible when it comes to the future of CSC and their careers but with Leaders spinning the merger as "all good things" its been hard to get others to take into account the negatives that could potentially impact their jobs. Working for CSC has already been a draining experience with them taking away our OT but still expecting us to complete our duties that clearly cannot be completed within a 40hr work week. They have been working us non-stop and so many of my other departments are under staffed and no one seems to know what is going on half the time which makes it extremely difficult for individuals like myself to ensure we are meeting SLAs and contract obligations.

I thought slave or child labor was illegal since 1865. Does anyone care that a company uses people to this degree for an end cause to enrich executives. Employees are pawns. Seems fair instead they should be upfront and let these people go with full benefits. I sure hope these future ex employees and american families are not too severely hurt by the decisions that will be made in the next few weeks.

Next layoffs April 24th - insider

Trump is trying to double the H1B visa pay from 60k to 120k. It's been 60 since 1989. If he can pull this off it might stem the Indian assault.

As for layoffs before April, I've heard the ability to hire is frozen until then, so I imagine WFRs are as well. I bet following the spin merge though, it will be WFRs right and left. Rumored that severance drops to two weeks then so even more reason to wait.

Indian employees are not safe either. HPE or DXC will chop them out also. It is a crowd here but as pointed it is not needed either. No big accounts means loss of revenue on top of merger. ... Wishing the resume is hot enough to be picked

I totally agree with all you have said. Except USPS won't get the chance to move. Trump will dice up and change those contracts dramatically. Wait Watch and see. The employees have got to know this. So sad they waited this long because the severance has been changed. Whitman and now Lawrie could care less about the little dumpling employees. The future gets dimmer if you continue to stay on a sinking ship. The indians will over run you like Custer at the Last Stand. There are just too damn many of them. Also with cuts to third world countries you will feel the impact when indians take all the work inside.

One word... "Yes".

Interesting read, it makes sense.

Any word on whether there will be any more layoffs before the merger?