Atos has now a valuation of 205 M$. The revenue is still arround 10 billion $. And the best is, they have 110.000 employees, which can be layed off.
DXC is no different.
https://fortune.com/2024/03/18/gilded-age-layoffs-ceos-shareholders-corporate-profits-inequality/ Please fill in your timesheets.
Rauls First 100 days
Raul is coming upto 100 days in post, anyone noticed anything improve? The same old Mike's gang still seem to be running things in fact they are more at the forefront. The are busy in the process of loading up this years treasure into thier bank... — read more
Another feckin' jackal gets more grease.....
More of the "let 'em eat cake" attitude. No end in sight for the kleptocratic ways of the C-Suite.... https://www.investing.com/news/stock-market-news/dxc-technology-executive-sells-203k-in-company-stock-93CH-3340697 NO SOUP FOR YOU!!!!!!!
DXC Meetings, Managers, and Admin Kings
This company is full of Managers, administration, and unnecassary meetings. I have 5 different direct managers managing me. Muliple Functional managers, People manager, Delivery managers, Account managers. Add other general managers to the list... — read more
Tata Consultancy Services TCS makes unsolicited bid to acquire DXC technology
Better learn to speak Hindi and Telugu
The DXC pay cycle - only for Execs and Managers
It's a shame the Execs and Managers lie through thier teeth. They manipulate the financials every year to get thier raises which are happening now, they play the employees along all year, then last minute don't pay up. The cycle is reapplied ever... — read more
Celebrate our women leaders and visionaries on the International Women's day
Hats off to our women leaders in this company! Shout out to our CHRO and marketing lead, who helps drive the wonderful employee experience and also excels in the marketing domain as an added responsibility. What an amazing example and a great role... — read more
More stock selling by Mr. Deck….
https://finance.yahoo.com/news/dxc-technology-co-evp-general-045422902.html
So glad that I finally left this s-hole. This video states it all.
https://youtu.be/gAxcRT0Lp8E?si=vfl9W8xVrH11HWfz
Adios Amigos
Hey Gang Hope you are doing well. Just to say thanks for the near $20 million this quarter for doing nothing. Its the easiest money I have made. Sorry for the hole it's put in the profits,but they have $800 in fcf so they can give you a raise if... — read more
What does ChatGPT think of DXC?
Some common criticisms of DXC Technology, as reported by current and former employees and industry observers, include: High Workload: Some employees have reported feeling overworked and experiencing high levels of stress due to heavy workloads... — read more
When is Raul starting the Turnaround plan?
Within one to two quarters, a turnaround plan should be in place and initiated. The guy has been on the board meetings for years, why does he need to travel the world to find out about the company? Stages in the Turnaround Process Stage 1: Change... — read more
Greedy stupid VPs doing buybacks
When Raul took over the share price was $25, under Raul went down to $20, has since gone upto $21. With the share price falling why are they doing buybacks?, let the price fall to $15 before doing a buyback. What a waste of $1Billion when they could... — read more
I regret leaving my job to join DXC
Two years ago, I got an offer that came with a 20% pay bump. I was so happy and felt so lucky to be given such an opportunity, considering that I never worked at a large company before. I thought DXC was a godsend. Now, if I could, I'd go back in an... — read more
Organization Alignment
A new phase has been adopted by the leadership team where a position approval process will take effect. I suspect that this is another way to shed some staff. I wonder how the leadership team would like if their position needed to be approved... — read more
DXC owns airport data centers?
I didn't relize this but after doing a bit of research on the Sabre-DXC partnership I realized that DXC is operating a data center that is inside the premises of the Tulsa International Airport. The Data center was expanded on by EDS back in 2009 so... — read more
CSC computer sciences Corp would be in business today if Mike Laurie wasn't pressured by IBM to buy EDS
25% of eds's was Navy and was sold off Out of the top 300 clients at DXC more than 200 come from CSC not EDS Mikey 2 was a joke and all the Accenture experience in wisdom in the world didn't help CSC
Overworked and underpaid
But at least our competent and sharp leadership is swimming in money.
What are the odds DXC is involved in the AT&T outage?
Under the agreement, DXC will manage AT&T’s midrange IT infrastructure, which spans AT&T’s enterprise compute, storage, backup and recovery environments. DXC will also provide system, database and storage administration, along with hardware... — read more
Remember: BAE & Rolls Royce love to hire ex DXCers
I've a few former DXC/FDS/CSC, HPE & EDS ex-colleagues who have moved in the last year from the floating raft of driftwood that is DXC (because let's face it, a ship would imply it had some direction) and gone onto work for the customer on BAE and... — read more
And so the cycle begins...will they never learn?
Old CEO moves on with pockets full of money. New CEO joins- full of hope and promise. New CEO starts filling pockets. The only thing that's not cyclical is the poor treatment of staff, inept management, customer frustration and the desperate hope... — read more
New CEO - To sell or grow?
Our new CEO Raul has a long history of putting together deals and selling large companies. His fireside chat sounded good and he hit all the right points, but is he trying to damper the fire only to sell off part of the company? Or could these things... — read more
Will DXC be sold this time?
https://seekingalpha.com/news/4068365-dxc-technology-advances-amid-renewed-takeover-speculation
DXC is a terrible company burdened by so many unnecessary processes
How anything gets done is beyond me.
DXC Management and thier bent behaviours
Mike Salvino will get $14 million for leaving plus another $5 million in wages for Jan to March. That's a staggering $19 million. During this period his been on gardening leave and done no work, absolutely nothing. That's would take the average... — read more
Wooops….9.8 million flushed next quarter.
https://www.datacenterdynamics.com/en/news/keppel-dc-reit-and-dxc-resolve-payment-dispute/
Appraisals for Management layers
Can you ensure you complete your appraisals. We want to string you along as every year, so the appraisals are very important TO US. The real reason is enables us in Management and VP level to get our bonuses. An email will be sent out and regular... — read more
You get paid a wage
Some id--ts on here think it's ok to call for a no work culture .. You get paid a wage so do your job... Nothing above and beyond but minimum the job. My hopes maybe be dashed when it comes to the salary review. But after that Town Hall i think the... — read more
DXC will take care of you
nope, it won't read the threads, the numbers already have "dont pay the employees baked in" they cannot afford to pay you more, ship has sailed hope for next fiscal....mgt says string you along another x quarters...been there, done that..no pay... — read more
Join the Networks Team no pay no work campaign
Please join us in the campaign as there will be no pay rises announced for another year, no pay no work. We can't afford to live on the cuts we have been getting inflation has been 10%, 6%, and still high, we gave lost 20% in the last 3 years... — read more
How many threads have been removed and why?
Several threads have been completely removed, with no explanation. They didn't have anything offensive in them 12 hours ago, so why were they removed? Surely a little explanation would stop future posts crossing what ever line was crossed?
DXC pulled BS non compete in company to company agreement.
DXC lost the Campbells account and in order for the contract to be extended a few months, in order to transition, DXC made a non compete as part of the extended Campbells contract. This means that anyone and everyone who worked on the account was NOT... — read more
Why are people so against downsizing facilities?
What on earth is DXC doing renting an office tower across the street from the superdome? The data centers are also showing their age not to mention DXC has a poor record in cyber security. Isn't it better to move the customers to AWS or even rent a... — read more
Recognition
Good to hear the recognition system is being fully restored in April. I wonder if it's an April Fool joke? Surprised Mary's dog didn't throw up when she said it.
Finally waking up
Surprise surprise this is a company built on people .... It's taken Raul to snap them out of a hypnotic trance they were put under by Mike S. Look into my eyes, this business is a product business, sc--w the people. We only sell people and if you... — read more
Town Hall Pay Raises for below old Level 5
Will Raul announce a pay raise for the people who are below old level 5 today? These are the people really struggling. They should be awarded an immediate cost of living raise.