The big furlough notices (through at least July 5th) have come out across the organization yesterday, with special "mailers" with details being sent out after 4:30 pm EDT. I am getting emails and calls from my colleagues across divisions and... — read more 

Just lost 30% of our delivery client facing team members in the US ERP practice. Started getting emails at 16:30 EST and just got told someone got it at 18:20 so not sure if they arte still coming. Some of them had rolling 4 month billable over... — read more 

Furloughs in USA based on Mikes call last week just took a 20% hit on delivery direct client facing roles on our team. No notice to their managers just a email from Ed H. saying your done as of Friday 5/8 and maybe on 7/5 we will bring you back... no... — read more 

What did everything think? Good? Bad? What was most important updates?

Apparently gang, we moan too much. When you were asked to be straight talking, we didn't expect you to moan. Please start clapping and smiling, your Glorious Leader demands it. Apparently gang, new Mikey is not the same as the old... — read more 

From what I've heard, the number isn't that high, which honestly surprises me. I'd think DXC would use this opportunity to cut as many people as possible (first it's furloughs, then it's permanent) with little bad press. Unless they are planning a... — read more 

Does anyone know if these people are redeploying or cutting off employees from New Orleans office?

Short version. More layoffs in 2020. DXC management wastes money for several years (changing strategy, bad decisions, open facilities, close facilities). Off shore. Buy other companies and sell health division , but no raises for 6 years. Heard... — read more 

Announced today, 150 resources in Australia / New Zealand to be axed. Different Mike, same tune.

Any update guys?

Despite assurances that we had money in reserve to weather this thing, and that we've got plenty of opportunities on the horizon, we once again see a WFR. On Friday, leadership announced internally that there are management changes within the... — read more 

500 staff to be laid off. Furlough for many more. i wonder if the predominately middle aged, white male management chain will take a pay cut. I'm sure there will be a show of hands in those ranks for a handsome VR package though (aka golden hand... — read more 

Announcement today from Turpie. Customer facing roles are safe.

That's 500 lovelies from the UK&I at least, so be sent to the great wilderness. Or, as Saul Goodman would call it, Belize.

Well, here we go again. Salvino's promises were clearly worthless. This morning @11:15 Steve Turpie, SVP and RGM UKIIMEA, told us that 500 redundancies will be shared across UK and Ireland. He clarified that it's due to restructuring and not... — read more 

Announced today, bit like old DXC but instead of an email you get a voice recording read from a piece of paper. If your customer facing your safe.

Uk leadership announced today five hundred job losses in uk&i. Additionally some people identified as having their roles impacted by covid19 will get a twenty percent pay cut. Well there goes any idea that the new ceo had a different plan to... — read more 

DXC have announced that they are going to lay of 1,000s of staff, mostly in non-customer facing roles. You have to wonder who is going to do the work for the customers if only the cheesy, smiley, acquiescing face is left to say yes.

Up to 500 being made redundant in non client-facing roles. COVID 19 furloughs also. I’m guessing the latest results are going to be in the toilet.

At the end of the 'Ho' call today - Lefever (aptly named), stated due to C-19 raises that were promised were going to be delayed and ... ONLY TO L 1-4!!!! Those self serving b@st@rds! I get the tough times, and if they said all would be canceled or... — read more 

DXC issuance of senior unsecured notes does not affect Moodys negative outllook. https://finance.yahoo.com/m/5320f558-2039-3792-b45c-1f4ffdfca5b0/dxc-technology-company-.html

Still waiting for new Mike to live up to his promises when he started. No pay rise for 7 years yet doing the work three others used to do and in a position 3 levels above my pay grade. Exceeds Expectations or higher every year. Will be interesting... — read more 

Interesting the DXC would hire a evp that clearly was pushed out of ctsh

https://www.bizjournals.com/washington/news/2020/04/02/two-of-the-regions-largest-companies-have-borrowed.html

I wonder if these layoffs will just be limited to delivery teams or some other functions are getting the boot too?

AT&T Inc. T has decided to pay a 20% bonus above the regular hourly base rate to all of its union employees, as its networks are seeing increased demand amid the ongoing coronavirus (COVID-19) pandemic. The company’s share price rose 1.1% in... — read more 

What price does this become irreversible, where creditors believe dxc cant survive etc?

How much lower can it go? Maybe it will be delisted and become a penny stock? The only bad thing about this is that Lawrie probably cashed out before this and still has his millions. Good luck Salvino.

ME!

It appears that some number of Legacy ES employees weren't paid today, despite pay advices being generated.

DXC Technology – Shares of DXC climbed 3% after the IT services company said it will sell its Medicaid services unit to private equity firm Veritas Capital for $5 billion in cash. DXC was one of the four companies in the S&P 500 that were in the... — read more 

Offered 8% retention bonus to stay during strategic alternatives. Half paid ASAP, other half paid after closing of sale. Nice but cheap.

DXC Technology Co., a provider of information-technology systems, is selling its business focused on state and local health services to private equity firm Veritas Capital for $5 billion in cash. Shares of Tysons, Virginia-based DXC surged 20% in... — read more 

With DXC’s stock price crash, the company’s market capitalisation is just $4.1bn but it’s liabilities are more than $9.1bn. DXC owes more than twice as much as the whole company is worth! That is not a good place to be!

This should make for some interesting news. Wonder how the market will take it - especially in the midst of the larger issues in the market... https://www.businesswire.com/news/home/20200310005938/en/DXC-Technology-Sell-U.S.-State-Local-Health — read more 

What happening now : https://www.crn.com/news/channel-programs/dxc-cdw-caught-in-tech-stock-selloff Global systems integrator and solution provider DXC Technology saw the tech industry's largest stock price decline, by percentage, on Monday... — read more 

Despite market jitters at the moment (Corvid-19), I never thought I'd see DXC below $20. The stock price continues to fall relative to the rest of the business services sector - https://www.marketwatch.com/investing/stock/dxc Well Mr CEO; what... — read more 

What are the big changes that are happening?