We are officially the biggest loser on the stock exchange today, with a whopping 31.88% drop. Looks like the analysts weren't kidding when they said they didn't believe Mike anymore.
CEO for the Layoff
No leader can survive or deserve to survive a 30% share price fall in 24 hours can they ?
So when are the WFR starting then?
After that disastrous Q1 earnings report… how long are we giving it before they announce the WFR?!
Mike's lost the dressing room( football analogy)
Mike is a bully. He alienates people as shown by him sacking leaders that don't agree with him. The workforce never see him. He has failed on every metric. His transformation plan is in the toilet. At what point do the board say enough is enough ... — read more
The Revenue Decline Story
Legacy CSC was $16B when Mike Lawrie took over in 2012 In 5 years (by 2017) it came down to $8B or thereabouts, just halved. Then came the merger with HPES and DXC was born , with a total revenue of $26B or thereabouts. That has now come down to $14B... — read more
Wow what a earnings call disaster
That was the worst performance call in 4 years. So much for "pivot to growth", what a lie. His Analysts mates were on holiday so the replacements actually asked decent direct questions after 4 years, which as usual Sally ducked and dived, lol still... — read more
Expecting to beat the analysts this Quarter!
Hopefully we have turned around and put the past behind us.
Ive pulled it off again another year
Hey Su-kers Mike here Another year and another $20 million plus for me and few million for my Mary. You losers are getting a big fat zero, as usual this quarter I'll make it bad so you don't get a cent, in fact I will f you over even more by... — read more
Poor Debt Management $750 pay raise
Debt is around $4 billion and costing $252 million per year ($63million in interest every quarter) working out at 6.5%. If they paid the $1billion of debt instead of share buy backs that would save $65 million, which would be the equivalent of $500... — read more
DXC UKI unethical / illegsl behaviour on the BAE and MOD accounts
DXC dont collect BAE Greenlnk or MODnet laptops from leavers. A few ex dxc colleagues still have theirs. Yellowlk BAE secret network is not secure. Open firewall rules and stuff. Copperlnk KSA network isnt patched and the engineers can't support it... — read more
It's Nearly August any news on Pay Raises
This is a joke, the last financial year ended 4 months ago and we still haven't heard anything. They have no problems doing new year appraisal events. What's Finchy doing, does she not have a calculator or Excel? Anybody heard anything?
How to identify unqualified leaders? Lmao!!!!
DXC Technology (NYSE:DXC) investors are sitting on a loss of 65% if they invested five years ago!
Micky Needs to see Rolls Royce
Micky Salvino needs to take lessons from one of his Customer the Rolls Royce Account. The new CEO has been in for 2 Quarters and his turned things around, profits and cash flow surge, Whilst Micky has been in nearly 16 quarters (4 years and still... — read more
Share Activity 25th July
Anyone else notice the small share price increase (~3%) and about double the average number of shares traded? (2 big peaks of around half a million shares) A week before the Q1 results are announced? Suspicious or just me?
Summer Cooking Demonstration Wellbeing
Really ….
They think they are doing great things
I am quite convinced that the leadership thinks it's making the right moves, even though the company is sinking more and more every day. I wonder how much longer things can go on like this with so many inflated egos at the top doing terrible... — read more
How to lose customers and revenue
Thanks to the actions of "Ah Yes Meat all" delivery honcho, alot of rechargeable custome work has stopped. Customers are angry and Customer Account Leads have put thier hands up fed up with trying to talk sense with him. When the finance chiefs... — read more
Find out why there is no money for merit increases
DXC Technology to Report First Quarter 2024 Results on Wednesday, August 2, 2023 07/19/2023 ASHBURN, Va.--(BUSINESS WIRE)-- DXC Technology (NYSE: DXC) today announced that it will release financial results for the first quarter of fiscal year 2024 on... — read more
If you’ve “got out” and found a better job… why you still hanging around here?!
Just curious… share with the group!
Up vote if you left DXC down vote if you still work there
Comment how long you've been gone and what type of rise you received.
Ok Stop already
Ok stop all ready with the complaining on lack of merit pay increases as you will Never see one! Use this forum to help people find jobs outside of DXC. I retired this year because I was fed up and why stay when I could leave but still have... — read more
Don’t accept a low (or even no) pay increase
Have some self-respect and walk away.
DXC management
Someone posted,, "I don't understand why the lower managers don't report up the chain that the employees are fed up and no longer buying thier next year, next year stories anymore." It's simply because they are incompetent spineless worms. That is... — read more
What's going on with Lloyds?
Hey guys my last post was deleted for some reason. But there where 2 new comments that I unfortunately didn't get to see. Today it was reported that Lloyds negotiated a $100 million break option with DXC. I thought the timing was interesting as it... — read more
This is a depressing toxic company
This company's managers are very talented. They are lazer focussed on cutting and chopping. The plans for the year ahead like every year are how you as employees can help further make the cuts. Your pay, your career, and everything around is about... — read more
Do not expect to be adequately rewarded
I think it's ridiculous when people, after spending so many years here, still expect that they will be adequately rewarded if they invest more effort. How naive! Isn't it already clear to everyone that this is not happening here? I would like to... — read more
UK Redundancy started
Thread on fishbowl that U.K. redundancies have started.
Anyone know why Mary is still around?
Mary was the first mate Mike brought in to DXC as part off the Ex Accenture gang. He has he fired them all except for Mary, the last one fired was Bagel. He has put on her on the 2nd best pay after himself, another anomaly such high pay for a HR... — read more
The fish tots from the head down!
And this rotting fish of a company STINKS!!!
What's going on at Luxoft
Luxoft CEO and COO have both left the company in the last 2 weeks. The timing seems very odd to say the least. First the CFO leaves DXC then Luxoft/DXC announces that they accidentally violated Russian sanctions. Now the senior staff at the Luxoft... — read more
Own Goals
Some bright spark thinks it's a good idea to start seting up goals for 2024 year. They haven't closed the appraisals from last year. Pay raises have not been announced yet and we are in the 2nd quarter.. How are they expecting this paper tickbox ... — read more
DXC 2022 Payrise & Promotion Leak
Mate of mine in the UK sent me this. It's a photo from an internal presentation promising rises to staff https://imgur.com/a/jyasf3Y
Why not incentivise employees with annual pay rises and market rate pay to make this company the success it should be!
Strange no town halls from the CEO, would be nice to know the plans regarding pay rises. Was the no pay rise in the UK last year a one off, just applicable to last year or is the future going forward. I feel it's unfair to string hard working... — read more
I'm still here folks
Hey Gang I know alot of you are asking after me, thanks for your concern. Just to let you know Myself and Mary are doing fine. I know alot of you are still hoping for your raises next month, but just to put put your hopes away I did tell you... — read more
My spot the difference thread has got canned for the 4th time
See how DXC treats its NA and UKI staff https://timesofindia.indiatimes.com/business/india-business/dxc-to-regularise-salary-increments-increase-hiring/articleshow/83830892.cms
EMEA Delivery Skill Up Program Cancelled - No Money
Canned the skill up program. As the title states, no budget to train staff.