People on here always dismiss posters with "but its not true", so here is a 100% true story:
https://www.theregister.co.uk/2018/05/23/dxc/
UK management hate The Register (for telling the truth), so feel free to add some comments to that story!
PS the official story was that Q1 FY19 was only going to be "about 10 job losses in the UK"... well it seems its ten times that.