Thread regarding DXC Technology layoffs

@UVEdLlx-7pie

"People are unhappy and scared"

Yes of course they are. This is the plan. The plan is make the place as toxic as you can, get as many people to leave without severance payments because thats cheaper and DXC are going to axe them anyway.

You might say this plan is not a good one, because you cannot control who leaves and you might lose valuable staff but thats not important because no individual has any particular skill that you cannot easily buy from the marketplace.

Yes, this is BS, but this is actually how DXC works.

I believe the target number of employees by DXC Y3 (2020) is actually 100k and not what this thread suggests but none the less...

We started DXC day 1 with 180,000 employees. The most likely figure today is ~130,000.

That means we have lost FIFTY THOUSAND individuals already. Just think about that number for a second, try to imagine what that number of people looks like in one place. All people with lives and families at the very least turned on its head, if not destroyed.

And for what?

22K views on this thread tells you everything you need how messed up things are over here.

I hope someone notices this.

People are unhappy and scared.

&dxc

Big money come!

come on and join the party, we been here too long. gimme ma moni

This is B.S. news .... the numbers are suspect .... every IT firm engrained in traditional IT ( can’t believe its so old already!) are moving out of sunset businesses and it’s pretty normal to loose people ..... the poster has a good click bait in this .... I suppose every other old tech giant has such mud slung on different forums .... besides Big T’s psycho behaviour isn’t helping either .... so Good luck

Nonsense news.. Not true!!!

If managers did their jobs and staffed to requirement, they never would have been in this boat.

This is expected from DXC,It's worst company that I ever worked in my life.But I request everyone to be safe .As a human being I convey..

Too many managers in the company. They are need to be fired first along with HR team which selects incompetitive members for money. This company is a goner long ago when all the managers who have no idea where selected based on ask licking and who bought the company to this state.

The numbers look large but the math is simple, double the work or slice half of the employees. Since there are no new logo wins, the only option is slice half the employee numbers. At the end of the day its just profit for the directors and top management.

The workers building the company at the bottom will get nothing, absolutely nothing.

Dream, dream, dream ...

yes its true.

I personally hope it’s true, then I might finally get my package, would be a good timing, and then do other interesting stuff with my life. But I am not in a pressed economical situation like many others of you.

DXC is unable to delivery quality outcomes even with WFRs having occurred in APAC, yet an additional ~40-60% reduction will only confirm that DXC is a former Tier 1 which has dropped to a Tier 2 at best. Those lucky DXC employees in Australia that are WFR'd will receive at least 4 weeks payout with their WFRs and those aged over 50 will receive 5 weeks of advance pay (both in addition to their years of service which are capped with a maximum of 40 weeks of pay). Bingo another bonus payable to ML.

This info looks highly true......got similar kind of info from my PM in DXC. Stay safe.

It a stupid company, there's no job safety.

Don't join this company.

60% too high a number but it is a significant reduction that is planned.. also planned is lean assessment of teams and maybe aretention bonus with 100s of conditions across some regions. Not sure why techies alone are targetted as we have a huge middle management and HR teams.. never seen such c-ap in last decade..

From APAC senior leadership, APAC doesn't have a freeken clue

Highly unlikely. 40% reduction???

And if it happens , then it happens. Don't care anymore.

I am in the US with a MAX of 8 weeks severance if they decide to give it out. There is no law in my state that says they have to pay anything.

To the poster, where is your proof, your documentation. Without it, it's all water cooler bull sh--

Highly unlikely. 40% reduction???

How would they go about executing this?

Also, from a severance perspective, they would be looking at a $5 billion dollar charge - that's not going to happen.

So much talk about this in the office, even worse than on this thread.

I hope this is not true, and that this is a false alarm.

Good luck!

Just imagine how money they are going to save by not having to match the 401K plans for the people let go, if this report is true. You must be on the active payroll list as of 12/31 to get your match in the MAP plan.

My DXC colleagues in APAC will be very hopeful to be WFR'd in December They will join my on the outside and realise that there is life after DXC.

Awesome ! To quote Rockhound" (portrayed by Steve Buscemi) in Armageddon "Guess what guys, it's time to embrace the horror! Look, we've got front row tickets to the end of the earth!"

and Yes I am a techo at DXC.

That amount of people out by Christmas? You must be kidding! This lot can’t sign off on an expense claim for a Big Mac and fries in three months, never mind get rid of that many staff!

This makes no sense. It’s too high a reduction. The only way this would work is if it was a precursor to a merger or takeover.

This update is coming from APAC senior leadership.

This is the most absurd false flame "announcement" I've seen in a long time.

When you say in the call. What call are you talking about ?

List is prepared and final draft is ready. Be alert..be careful

confirmed news...60% reduction

DXC (just as CSC did before it) provides PILON (payment in lieu of notice) which is basically financial compensation instead of notice period. What the company is required to do however is consult with unions and worker's councils and this Ian what takes the time and is underway now.

Weeks notice will not be sufficient in the UK where workers do still have some rights. Many of the employees will likely have a 3 month notice period as opposed to the standard 1 months notice - DXC will have to pay that !