Thread regarding DXC Technology layoffs

The orchestra is playing on the Titanic

I used to work in finance here. We got constant calls from bill collectors, DXC owed money to and hadn’t paid. Their billing department used to gatekeeper invoices we owed to vendors. I felt so bad for them.

There was a point where the main office phone number got turned off and we had to legit beg for money to pay it. They had a service that answered it and just stopped paying them. I asked my boss about it because we marketing tied to that number and he warned me to stay out of it so it wouldn’t be our problem.

Also shareholders filed a lawsuit for lying about profits…they think layoffs or WFR can used to show a fake profit as opposed to actually making one.

Run!!!

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| 1822 views | | 10 replies (last August 4, 2022) | Reply
Post ID: @OP+1i1FZv71

10 replies (most recent on top)

Agree with @nym+1i1FZv71 - same boat as you - since being with CSC and now with DXC flat pay rises, flat training and career progression, picking up more work (numerous WFR) leaving our team unable to deliver on time to our clients = Total Pigs here at DXC.

Expect from disaster results announced that Mr Shouty will announce pay freeze, training freeze, WFR and lucky for DXC's sale of more spinoff's to our rivals to bounce the loss, along with more Share buy backs - in long run adds more debt to the company.

Expect by 2023 Mr Shouty, Steak cutter will cash in $$$ and move on - with real possibility that rest of DXC will be broken up and sold on.

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Post ID: @2ofa+1i1FZv71

To Mr Shouty who posted "YOU SHOULD FIRED on the SPOT. And dare say you should get a pay increase, can't believe it!" news to you, since DXC was created I have never had an appraisal from my manager, he just said write your own so he could submit it and keep the HR drones happy, no idea how he gave a rating. Given what I wrote hasn't raised any concerns I guess no one reads them either. What's the point?
You and steakcutter2 must be being fed a lot of BS from your direct reports. DXC HR isn't about doing something its about saying your doing something.

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Post ID: @nym+1i1FZv71

I have enough stories from this place to write a book.

In the midst of WFRs, they exec board was spending tons of $$$$ to have the guy who draws for Marvel Comics do their caricatures. I’m not kidding.

Also the finances are still separate from the merger seven ago. We used to have to create Excel spreadsheets to combine employees in both sides of the company (ES & CSC) because financially they are still two companies. Two payrolls, two sick policies, two vacation policies etc. So we would have to create these gigantic excel spreadsheets that combined all the employees in both sides so we could see the entire financial picture. Nothing is financially automated. It’s all done by hand.

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Post ID: @gnk+1i1FZv71

Please attend cultural week and post pictures in workplace FB.

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Post ID: @doe+1i1FZv71

To whom posted this "My appraisal was always completed by my colleague and then faked in workday to make it look like my 'Official' manager completed it!" YOU SHOULD FIRED on the SPOT. And dare say you should get a pay increase, can't believe it!

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Post ID: @tga+1i1FZv71

Just spotted this.. with regards to tomorrow's earnings call:

"For the first quarter of fiscal 2023, the company anticipates revenues between $3.7 billion and $3.75 billion. The Zacks Consensus Estimate for first-quarter revenues stands at $3.71 billion, indicating a year-over-year decline of 10.3%."

https://www.nasdaq.com/articles/dxc-technology-dxc-to-post-q1-earnings%3A-whats-in-store

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Post ID: @mxj+1i1FZv71

For years I was aligned under the wrong manager. I did a completely different job when I first joined the company.

Then over the years, I skilled myself up - youtube/free online courses - never used DXC University!

I then started using these skills and kind of got an unofficial position, my role/responsibilities started to grow and grow, and still no payrise to match or proper alignment to a manager who even understood the job I did.

My appraisal was always completed by my colleague and then faked in workday to make it look like my 'Official' manager completed it!

For a few years I struggled to get myself aligned into a proper team that does the same type of job as me.

Eventually I was able to move teams, so it's better now. However this year for the first time I've scored the middle grade on the FPR, mainly because I haven't been with the team for too long, so not done enough to warrant that top mark! --- Although I have very little to show for the top mark I achieved over the past 7 years or so.. as there were no pay rises, so I might as well have arsed about and got the lowest FRR rating!

I was one of the few who did actually get a bonus last year though... nothing much though.. and by time it was taxed.. wasn't really worth anything!

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Post ID: @stp+1i1FZv71

Yes and yes, their billing is in terrible shape. They owe everybody money but I especially felt bad for smaller vendors. These are companies that actually need those payments. Also I thought it was unethical to keep receiving services, you know you can’t pay for…

When people are talking about lack of pay raises or workforce reductions, they clearly don’t have the funds to pay their bills. This is something you only do with lack of cash flow.

The other issue I remember seeing a lot of is they are completely unorganized. They have people on the org chart rolling up to people who are completely different departments and do completely different things. If you’re in sales, do you really want the head of accounting doing your performance review? That’s very much something that’s going on there. They also have people that are rolling up to two different people in two different departments in two different job functions.

They are the only company that has an Outlook with just names, no titles, no departments, your personal cell number (which they offer no reimbursement for which has to be illegal) and no timezone. Then they have instant messaging with all the wrong job titles.

They have like three company credit cards for purchases. When I started no one was tracking the purchases on any of them. I was like where are the receipts? Someone told me that a bunch of employees had bought a bunch of merchandise with one of the credit card which doesn’t surprise me because no one was tracking any of them.

I feel bad because there are a lot of really good employees that work here.

Than the last time they did a workforce reduction before I left, 80% of the employees that left didn’t turn back in their computer. This is something else they don’t track.

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Post ID: @fcr+1i1FZv71

I can relate. I left a couple of years ago. I'd been working on one high-profile project where we'd outsourced some key work to a small supplier with about 25 staff total. We were using 10 of their staff, so just under half their total income was coming from DXC. Except that DXC kept 'forgetting' to pay them.

It got to the point where I'd arrived on the client's site one Monday, and none of the supplier's team turned up. The message: "We'll come back when you start paying us what you owe." Sums up DXCs ethics perfectly - don't bother paying a small supplier who depends on cashflow, even though their doing an excellent job for one of DXC's major clients. DXC has since lost the client, and the supplier will no longer work with them

Yet another example of why DXC deserves to fail.

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Post ID: @yie+1i1FZv71

That orchestra has been playing for a while now.

Yes DXC took the Days outstanding up to 150 to improve its cash flow but it risked reputational damage. Rather than working with suppliers to build an effective relationship, DXC used its size and strength to bully them and in doing so snarled up the supply chain of its suppliers, who did file claims against DXC or refused to do Business with them ever again as they claim close to bankruptcy. The investors (city of Warren police and Fire retirement system) filed a lawsuit against DXC (and appealed for plaintiffs to come forward) blaming DXC for poor execution of delivery (a whole host of execution errors) including the firing of its key US Sales VP that caused the share price to drop 16%

Then Mikey#1 revised the revenue target and investors were not happy as they believed the cause for the profit adjustment was Mikey. He had to go.

Funny how DXC espouses that it’s staff should follow its core ethical values.

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Post ID: @kuz+1i1FZv71

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