any news on big layoff coming?
11 replies (most recent on top)
the 2 grads you are talking about with f-- the company faster than you can imagine, the 55 yr old would be still working with sincerity although the frail body may not keep up as well..
Im struggling to find any information about the voluntary redundancy that I read about here. Anyone have a suggestion on how to find out more information?
The 2 grads together probably cost half of what the 55 year old earns - they can be easily fired if they are not good enough and replaced with a long line of grads hoping to get out of their supermarket jobs.
A former colleague of mine aged 55+ was informed yesterday that he is being WFR'd, after 10 years of providing exemplary service to DXC. The current employee is being replaced by 2 Graduates who are cheap as chips and are literally quite clueless when it comes to providing technical IT support to clients. More evidence that skilled and knowledgeable people are being forced out by Mikey, leaving peanut-paid monkeys to clients. Oh well DXC will lose out in the long run when the client tells them to naff off.
Expect it every week cut cut cut loose contracts no growth
Post ID: @ToRXIgS-1ara Who cares if its a run on sentence or not. Were not in a English class. You get the point I was making and that is what communication is all about. It's not about who put a "," or a "." . Its if both sides know what each other is talking about.
Your right I been in IT and doing fairly well financially without knowing proper sentence structure or spelling. When coding as long as a word/field is spelled the same thou-out the program it works.
My point on the Corp tax credits were, even with all that extra money the stock market is down, so of course DXC lost a few points too.
When you have over $2,500,000 in your private stock fund, then you can make your comments about who is the idiot or not
Who is the "idiot"? If it wasn't for Trump, there would not have been any tax cut for corporations!
"OF COURSE layoff's are planned" (layoffs)
"they will have happen till were down to the bare bones" (they will happen until we're down to the bare bones)
"but DXC doesn't care cause they are moving away from that model and be coming a consulting / Service company only." (because ... becoming)
"Hell we don't even use our Private/Public Cloud offerings for some of our new support servers, why would anyone outside the company want to use us if we don't use our own." (that is two sentences - not a run-on sentence)
The market is down in general because of the idiot in the US White House. With all the tax savings corporations should be sitting pretty. But that is off topic of the original post and ALL the comments so far.
OF COURSE layoff's are planned , they will have happen till were down to the bare bones for infrastructure, but DXC doesn't care cause they are moving away from that model and be coming a consulting / Service company only.
Hell we don't even use our Private/Public Cloud offerings for some of our new support servers, why would anyone outside the company want to use us if we don't use our own.
You don't think the share price sudden drop has anything to do with spin-off tomorrow? Manipulating share price so DXC doesn't have to pay as much special dividend? IMO, it is being manipulated.
@ToRXIgS-tay HP and IBM both down as well against the DOW and NASDAQ going up...
Possibly to do with the end of the dividend period - ie ex-dividend is over, you've got your dividend, sell up and move on.
Share price is a funny thing, its rarely to do with reality on the ground in any particular company, which is why spending so much time and dollar (share buy backs) manipulating it like Mikey does really draws effort away from making the company perform better in real terms.
Given the financials were released after market close on Thursday, and the share price was down 5% on Friday it's going to be sooner rather than later.