Topics regarding layoffs at DXC Technology

Topics regarding layoffs at DXC Technology

DXC are number 1 at something

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 ?

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 

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| 2820 views | | 17 replies (last August 6, 2023)
Post ID: @OP+1nURbFOv

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 

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| 1230 views | | 4 replies (last August 2, 2023)
Post ID: @OP+1nUWvSGl

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 

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?

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?

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 

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 

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 

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| 2280 views | | 12 replies (last July 19, 2023)
Post ID: @OP+1nFcBonz

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 

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 

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 

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| 1930 views | | 12 replies (last July 12, 2023)
Post ID: @OP+1ntw1vrU

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 

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