The exec bonus plan is called "Omnibus" and because DXC is a publicly traded company, the details of it are a matter of public record. You can find the full disclosure here:... — read more
Bonuses before pay reviews
As confirmed in todays town hall, They are reviewing bonuses until July and then reviewing pay for plebs. Which means if you get a raise, it’ll be in Q2 or start of Q3. Or Execs over plebs all day, everyday.
Share price down 60% by Raul in 5 months
With it tanking down at 12% a month and heading to $14 per share is it worth buying or do you give Raul a few more months and get in at $8 per share or less. Is there something big going wrong or has Wall Street got Raul and the 2 gangs EXA, EXIBM... — read more
how long before WFR starts?
Does anyone know if they started implementing cuts in ITO/cloud as CEO announced? What is the realistic timelines to have this action reaching Europe? Can't wait to get the notification and move on... If they keep me this round it would be the... — read more
In light of aerospace contract ending...
... so long and good riddance to bad rubbish. This toxic account and the poisonous people who you face off against will NOT be missed
What happened to the DXC Values?
One of the DXC values is Deliver - we do what we say we are going to do. Finchy said that the recognition tools points system would be up and running in April... Then in April she said May. Now she managed to get Seelan to say it's at some point in... — read more
Latest update from Raul
Hi All I've been flying around the globe fully expensed in top hotels meeting and greeting, nice holiday to be honest. Your all brilliant, keep doing a good job, when Mary isn't busy with her "other physical duties" she will try and market what you... — read more
Why Raul is failing 180 days+
The stock price has crashed, nothing has changed. Raul is now in the 2nd half of the year, He has said ITO Cloud which is the individual biggest part of DXC (1/3 of turnover 4.6billion) will keep shrinking by 1/10. His saying I can't do any better... — read more
Ex Accenture gang being re-alligned?
Are the gang members being demoted? The Drummer being given Security, he isn't capable anyway so expect it to sink further. Wonder if the Finchy will be taken off Marketing as Raul, and Cam Art have both publicly said she's doing terrible and its a... — read more
ICP
Any news or roumers regarding incentiv plan figures?
I sure wish I had a subscription to Forbes..
https://www.forbes.com/newsletters/sss/2024/05/17/close-out-dxc-technology-company-dxc-may-17-2024/?sh=2e0bcf575a32
DXC Q4 Earnings Call - What a Shambles
So the stock price tumbled some 20% following the Q4 figures, No surprise really. What does surprise me it's taken Wall Street this long to work out the guys running this company are incompetent. Out of interest, I asked ChatGPT what it thought of... — read more
Raul's next all hands
Is it just me or is it kinda weird that you'd schedule an all hands at times when both AMER and EMEA are asleep?
Everyone has worked out the greed at the top
This is so rinse and repeat its unbelievable, "DXC has been in a transition for multiple years and despite the best efforts of multiple leaders, one has to ask the question as to if this business can be fixed," analysts at RBC Capital Markets wrote... — read more
Whats the new account?
2 ex colleagues told me a new account is coming into UK? Who's daft enough to buy into this guff
Same ol BS, the analysts know too
Top managers get paid well for sc--wing us employees, then get fired when it becomes obvious, rinse and repeat! Bryan Keane -- Deutsche Bank -- Analyst Hi, guys. Thanks for taking the question. Raul, maybe you could just help us understand how... — read more
The death spiral continues.
“DXC Technology forecasts first-quarter revenue below estimates” Nuff said.
GIS Restructuring
Operative words - Excess capacity!! Wtaf!! Our plan is to deploy our capital to accomplish two things. First, given our recent revenue performance, we will execute a restructuring program to address excess capacity, largely concentrated in GIS, and... — read more
Raul's Appraisal FPR
Share price collapsed 60% in Rauls 6 months whilst the stock market is at a high. The market has no confidence, this is a disaster. He has recruited IBM cast offs and still kept the Accenture casts off who have shown they can't achieve over several... — read more
1 in 3 managers to go
Been g announcement on the earnings call, restructuring removal of overheads announced.
Our pay rises have just gone!!
SP 19% down after hours.
Cameron Faart town hall today
Cameron Faart is on a all paid DXC holiday in London, UK. He took first class travel after being in DXC for only 2 weeks. This is where your pay is being spent on bent VPs who deliver no growth.
Mike Duffy Global Town Hall today (GBS)
There will be a 30 min. Town Hall today 10:30 Eastern Time.
Dxc set to lose its lucrative BAe contract in the uk
It has just been announced in the UK that BAe is set to separate itself from Services provided by Dxc. First to go is the service desk to cap Gemini. Bae has extended its contract with bae for 1 year while it transitions services to other providers... — read more
WFR is happening?
Most of UK people from my group received notice in last days/weeks. Same is happening with some India folks too. I am hearing gossips about WFR coming to other expensive locations to layoff people. Does anyone know more if other European countries... — read more
Earnings call help needed with the B44l$hit
With the call due this Thursday can you help with Bingo. Note the top have taken all the money already, some brilliant words Mike used to use to string along the analysts. Contract run offs even after 6 years Unprofitable legacy contracts after 6... — read more
Retired
Unless you are too old to find a good position as I was, you are either too lazy to leave or just not that worthy to even be with this clown company. In my experience the ones who whined the most really couldn't make it anywhere else. And remain in... — read more
Pay increases
No one and I mean no one at dxc should get an inflation pay increase. If you met or exceeded your goals you should get a 5% or better pay increase If you want an inflation pay increase then change companies if you can
Share buyback draining money from profits
Can you believe the incompetence. Mike Salvino refused 2 bids at more than double the current price saying they were undervaluing the company, then went on to spend billions buying back the company at high cost. After buying backs 50%+ of the... — read more
DXC FDS Town hall today at 11am UK time.
John Buttigieg has an important business update to deliver today. I wonder what it could be?
Chris , get rid of Curtis please.
He travels loads, is full of his own self importance, adds zero value to anything he sets up and if you see two people talking and one looks bored, he's the other one. His arrogance and entitlement knows no bounds and he should retire.
Pay or appraisal?
Given that manager reviews are supposed to be done by end of this month, and I suspect some managers will have booked the reviews in. Does this mean final grades are released? And does anyone have any news on $ rise
ATOS situation
https://www.reuters.com/markets/deals/atos-says-it-received-four-restructuring-offers-2024-05-06/