Thread regarding DXC Technology layoffs

Can you believe it they want shareholders to vote "for" executive compensation

SEC Filing https://d18rn0p25nwr6d.cloudfront.net/CIK-0001688568/98664459-31ee-4e43-b706-e98cb6cc06ae.pdf

Can you believe it they want shareholders to vote "for" executive compensation, if the normal employees can't get increases because profits are down why should the executives?

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| 1822 views | | 10 replies (last June 16, 2023) | Reply
Post ID: @OP+1n6iM09n

10 replies (most recent on top)

You’re not turning the corner because the guy at the top doesn’t give a sh-t all he cares about is his stock price and buy spending $2 billion worth of buybacks he’s inflating the price of the shares

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Post ID: @3clw+1n6iM09n

@2dyp+1n6iM09n

They got rid of the Indian EV chief so only cowboys left at the top.

They are the ones taking all the bounty and the rest of you are treated like the poor indian peasants.

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Post ID: @2sdc+1n6iM09n

Yes I can believe it. I will also believe it when the Shareholders actually do vote in favour of increasing exec compensation, at the expense of the employees.
The DXC Shareholders are one of the most intriguing ones I have ever seen.
Everybody else can see the con job that is in progress, everybody except them, the shareholders.

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Post ID: @2lne+1n6iM09n

Don't loose your buy-in momentum to greater success.
Our bleeding edge transformation is the envy of all top ten competitors.

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Post ID: @2myl+1n6iM09n

Executive changes have been made. Two EVp's who weren't performing well have been shown the door. New execs have been hired. We are turning the corner.

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Post ID: @2dyp+1n6iM09n

if you all really had ba--s, he would post your complaints on LinkedIn, so the world can see it

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Post ID: @2gbc+1n6iM09n

Where’s Mata Hari for another opinion.

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Post ID: @1klw+1n6iM09n

Post @qmp+1n6iM09n:

"Inspire and take care of our colleagues, highlighted by our Offering led-model. What will Inspire and take care of me is finally getting that merit increase of 7% - 10% that I am owed for "exceeding expectations" year in and year out."

Ok. I'll spell it out. You won't get a raise from DXC. There is no money. Mad Mike & his Finchy have taken all the money, so there's nothing left you.

If you stay, the best you can hope for is a decent WFR package when the lay you off. The worst you can hope for is that you carry on in the same cycle of depression caused by working for this morally bankrupt organization.

So the best thing you can do is polish your CV. Practice your interview skills. Then get out. You'll get a raise. You'll get training and development. You may find yourself working for an organization that actually pays bonuses, instead of removing them from your contract with no compensation. One thing I can say is that wherever you go when you leave DXC, it will be better than staying at DXC. I did it - and you can too.

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Post ID: @1ndr+1n6iM09n

A bunch of looters. They keep taking from folk who are struggling to survive in order to live thier luxury lifestyles.

New leaders required who have some equality.

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Post ID: @ixv+1n6iM09n

Inspire and take care of our colleagues, highlighted by our Offering led-model. What will Inspire and take care of me is finally getting that merit increase of 7% - 10% that I am owed for "exceeding expectations" year in and year out.

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Post ID: @qmp+1n6iM09n

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