Looking at the cash-to-debt ratio and interest coverage can give a good initial perspective on the company's financial strength. DXC Technology Co has a cash-to-debt ratio of 0.43, which ranks worse than 83% of the companies in Software industry... — read more
One DXC, new DXC, How about "real DXC"?
None of the values talked about are experienced on the ground floor. So how about real DXC? We value Exec bonuses Massaging our financial losses and revenue decline Slogans, platitudes and rhetoric over strategy and plans Milking... — read more
What could save this company from complete collapse?
aybe I'm exaggerating, but dxc is moving towards complete collapse. Instead of dealing with some constructive things, their priority is the logo. Strategic thinking does not exist here. I'm afraid there's no way this company can be fixed. If there... — read more
How long have you been trying?
The incentive system discourages achievement. After years of putting in extra effort to “exceed expectations” and never getting a resulting pay increase, I cut back my efforts. Now I get "meets expectations" on my annual evaluations with the same... — read more
After 4 years, DXC becomes the "new DXC" WOW!!!! What a result
After 4 years DXC becomes the "new DXC". That seems to me a poor result. Sure we have a new logo, but the problems are still the same. Low wages (please Mike, don't be mad). Toxic Deals. Where an employee has to work on projects but can't put... — read more
"Me, me, me culture. When will I get paid?'. Mike gets angry but he and Mary are so out of touch
Mike gets angry about people who are underpaid and underserved asking about pay. Mary squirms when asked about the bonuses, the decision making and awareness of which speak volumes to the (lack of) transparency at DXC and the parlous state of... — read more
Do they intend to invest more in digital transformation?
I understand that it costs a lot, but I am afraid that it will cost this company a lot more if it continues to neglect the necessity of investing in digital transformation. The situation as it is now is awful. Every investment carries a risk, but... — read more
New Logo
Just seen the new DXC logo. It reminded me of a broken chain and I thought how fitting. DXC is the broken link that will stop your business from transforming!
Those who pretend to work a lot
Ever since I saw how they work in this company I only work the bare minimum. Hard work doesn't make sense, I know a lot of workaholics who were shown the door very quickly. However, it’s funny that even though I'm working the bare minimum, I have... — read more
DXC Shares - Pump and Dump
My DXC shares currently stand at a few grand. I'm obviously not Mike Salvino. Here's the question though. Do we think this sh1t show is about to implode and therefore a good time to jettison those shares now before they plummet yet again? I'm quite... — read more
There is no winning for us
DXC has created a stressful situation in which nobody comes out as a winner - except the ELT, of course. Just think about it, when there are layoffs we either lose our jobs or we are "lucky" enough to survive but we end up saddled for good with the... — read more
Pay rises maybe in Q2 - except for Mike, Vinod and Mary
So while you wait to see what demeaning pay rise you'll get, if any in Q2..... according to Yahoo finance. Mike got $6 Million of stock in this calendar, Mary, $3 Million and Vinod $2.5 Million. That is just in the last six months. What they... — read more
Did the Glint survey results get communicated? Or is that why so many have been laid off?
I saw something about Feb's glint survey - focused on response rate primarily. Did the results get communicated? In ANZ we were leant on respond and learned from the last round that saying anything constructive just came back to bite you. We... — read more
Here we go again. Share price being walked up on the back of ongoing layoffs - more to come.
The share price crosses $40 on pretty dismal financials. Organic growth is in decline and it's slash an burn of costs (i.e. employees). When the company starts telling you "how to talk to the street" you know you're in a share price walk up. ... — read more
Downgraded ratings
I wonder how many employees who have achieved the top performance rating are seriously downgraded here? I really couldn’t accept to just shrug my shoulders and wait for them to lay me off. As soon as that happened I immediately started looking for a... — read more
When will people learn?
This ELT knows how to do one thing and one thing alone: that's how to make sure they squeeze as much money out of the company as they can. Every single one of their moves is motivated by how it'll affect their bonuses. If you're expecting to see... — read more
How satisfied are you with severance?
Opinions seem to be divided, some find the severance satisfactory and some not. I don't know what the situation is in competing companies in terms of severance packages, so I can't make a comparison. In fact, what interests me the most is whether it... — read more
Mass layoffs in UKIIMEA
It looks like they may be closing the office. Does anyone know?
I’m not even sure if they can stop the mass exodus
How many people are thinking about leaving? If I were in the leadership position of this company, I would be very worried. Everyone I know is applying for a new job and seriously intends to leave this circus here. However, it seems to me that those... — read more
If there is no raise - I will consider leaving
I've done so much work lately and despite the chances being very slim, I'm expecting a raise. If I don't get a raise, I will send out a lot of job applications because it really doesn't make sense doing so much work pro bono. I think most high... — read more
How much does bureaucracy make it difficult for you here?
I used to wonder if DXC rule-makers are trying to make our jobs harder given the bureaucracy of this company. By the way, there are probably valid reasons for the existence of many rules, but they are often very frustrating and unfortunately, they’re... — read more
Can anyone Provide update DXC India layoffs
Due to Wfh its getting tough to have updates on layoffs. Can anyone please provide information on this
This company has the worst culture I have ever encountered
So much disrespect and demeaning of employees...how is this considered okay?
Salary raise for July
Has anyone received any salary raises planned for July in the EMEA region?
I feel comfortable, but I'm leaving
I feel good here because I didn't have big ambitions and I think I was paid correctly for the bare minimum I work. Let’s say I’ve been pretty comfortable for the two years I’ve already been here. However, I am increasingly sure that this comfort... — read more
Long term transformation?
Someone asked a great question: How long can a company say they are in transformation, especially since we market digital transformation to other companies? I wonder the same thing. It seems to me that DXT is a company that deceives both its... — read more
Would you dare relocate for DXC?
How many would be willing to pack up their lives, uproot their family, and move to another city/state/country if offered a promotion? How safe of a move would that be knowing that layoffs are never out of the question, even for those recently... — read more
I was surprised at how quickly I got the job
How long did it take you or how long have you been trying to get out of here? Now I regret even more that I hesitated for so long to start looking for something better. The offer I accepted was received less than two weeks after I started job... — read more
What a load of b4ll, using the made up glasdoor reviews
Mike Salvino replies to Analyst Brian on the Earnings call Bryan, thanks so much. On employee morale, it's strong. I look back and reflect on where we started. Most of you all can take a look at Glassdoor, I think we started around 37%. We're... — read more
Q421 Earnings Call
Funniest sh!t I've read all week is slide 21 that discusses where DXC sees itself today: People/Culture - Engaged Customers - Positive Revenue - Improving Marketplace - Winning Balance Sheet - Strengthened #Bullsh!t
Debt
I still don't see how you can make your debt claims Paid off 6.5 with 4.5 to go What other companies have this debt level? On the other hand if the school pension fund is going to give you money to acquire another company and fire a whole... — read more
As this is the Layoff.com, what constructive information can you pass along
As this is the Layoff.com, what constructive information can you pass along , I have complained like others here but that doesn't help when your laid off. Lets start giving constructive information for those of us laid off or know where on the... — read more
Consequences of attrition
I quit the same day as two of my colleagues. I can't say that it wasn't nice to work here at one point... it was, but it's not anymore. With all the people leaving, the short-term consequences are clear. The more people leave the greater the chaos... — read more
I need honest responses
Do you know anybody who quit and later regretted it?
I don't expect a raise
I don't expect a pay raise because I'm sure it won't happen. I came to terms with that. Still, I wonder, is it possible that this company can’t pay raises to employees who deserve even more than that? Can anyone give a logical explanation from the... — read more
I hate their platitudes
They probably think that if they repeat enough times that employees are a "priority", that we will all begin to believe that they are starting to care about us. Does anyone really believe their platitudes, as if we don't see what's really going... — read more
New logo?
I’ve heard that the current DXC logo is going to be redesigned. The current logo is known as the angry pumpkin by some on the board. I thought the logo was fine but they’d rather spend $$$ on this than pay for rises, bonuses and trying to retain... — read more
DXC Investors day
DXC Technology will host a virtual Investor Day on Thursday, June 17, 2021 at 9:00 a.m. EDT. At the event, the leadership team will discuss their plans in more detail. That's when you get a bit more transparency about ... cost reductions, ... new... — read more
Will there finally be more transparency?
I think some layoffs here happen under the radar. When it comes to cuts, no one has much insight into how many people will be laid off, who is the target, etc. I don't understand how DXC is so non-transparent in this regard, while some other... — read more
Not following the rules
I'm just wondering how much time will pass from the day I became redundant to the day this company hired someone new for that position? If we are redundant because there is no need for these roles anymore, then how come the new employees come to... — read more