Thread regarding DXC Technology layoffs

The C-SUITE got their largess...

The greedy kleptocrats have received their payouts... The link keeps getting DELETED...just like magic.... https://csc.gcs-web.com/sec-filings/

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| 2212 views | | 12 replies (last May 12, 2023) | Reply
Post ID: @OP+1mzFws0Z

12 replies (most recent on top)

please join us for the townhalls and please do your fprs and standards of business conduct courses in time.

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Post ID: @1vri+1mzFws0Z

They are simply a bunch of carpetbaggers.

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Post ID: @1hke+1mzFws0Z

@1ezl+1mzFws0Z

Anybody know why Mary is 2nd highest on the list?

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Post ID: @1elq+1mzFws0Z
The performance condition for the RSUs was satisfied on May 8, 2023 based on achievement of stock price appreciation results, as

measured after the end of the three-year performance period

Got to love it - they trawl through DXC stock price history and find the only (brief) period where the stock price in DXC's entire history was slightly lower ($17-18) than now $22-23, and that was at the start of the COVID pandemic when all stock markets collapsed, and they have the front to use that as a measurement period. If it was 4 years ($60) or 2 years ($35) ago there would have been no bonus - very creative kleptomaniacs

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Post ID: @1qpr+1mzFws0Z

Award of regular-cycle 2021 performance-vesting restricted stock units (RSUs). Each performance-vesting RSU entitles the reporting person to receive one
share of common stock. The performance condition for the RSUs was satisfied on May 8, 2023 based on achievement of stock price appreciation results, as
measured after the end of the three-year performance period. The RSUs will vest and settle on or around June 2, 2023.

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Post ID: @1usp+1mzFws0Z

$17,715,397 -- SALVINO MICHAEL J
$2,325,142 -- Finch Mary E
$1,660,832 -- DECKELMAN WILLIAM L JR
$1,162,582 -- Drumgoole Christopher
$949,605 -- Brady James
$838,981 -- SHARP KENNETH P

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Post ID: @1ezl+1mzFws0Z

Amazing how Mary got most after Mickey, 3 times more than Kenneth the Cfo.

Obvious Mike's favourite is Mary.

How does she get paid so highly for sending out a couple of emails.

She's worst than Bagel.

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Post ID: @wkn+1mzFws0Z

usual breathtaking greed totally unrelated to company performance - for mikey2 it means after yet another disastrous 12 months and with no sign of improvement he gets nearly 800,000 shared costing him $0 which he can then sell for market price, making them worth roughly $17.5M - so watch out for more stock buyback to artificially inflate the stock price so he can sell them

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Post ID: @lsx+1mzFws0Z

They just got stocks upon shown performance or what? I don't get it, can they like sell them, pay some taxes and get a fresh cash for them?
This would be pure hypocrisy, since less than a year we were told "results are bad, work more and we will see" and now when I ask my manager about a merit increase basen upon shown performance, she and her manager and the manager above do not know s#&t!

Some eloboration here will be appreciated.

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Post ID: @asx+1mzFws0Z

Pure avarice...

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Post ID: @okl+1mzFws0Z

« When a clown moves into a palace, he does not become a king. The palace turns into a circus. » Turkish proverb

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Post ID: @hxg+1mzFws0Z

Thats a lot of dough.

Looking forward to my $15m bonus too Mr S.

Interesting that the CFO seemed to get the smallest piece of the pie too...

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Post ID: @cdm+1mzFws0Z

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