Thread regarding DXC Technology layoffs

I feel comfortable, but I'm leaving

I feel good here because I didn't have big ambitions and I think I was paid correctly for the bare minimum I work. Let’s say I’ve been pretty comfortable for the two years I’ve already been here.

However, I am increasingly sure that this comfort will not last long. I’m sure there are more people who don’t have big complains for now but they have also decided to leave because the future here is obviously very gloomy.

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| 2211 views | | 5 replies (last June 3, 2021) | Reply
Post ID: @OP+1b4F4hp6

5 replies (most recent on top)

The company I work for now (and even the one I worked at when I left DXC) both have profit sharing schemes whereby any company success is shared with the staff. Its not quite a bonus, as they tend to be individually focussed and they have flex type awards for that, its a percentage that everyone shares with no cap. The top guy could in theory make £20M in profit share this year because the profit was crazy this year, but has told everyone he will give his percentage to charity.

Large payouts and a drinking session were had last year, though as they took on 1000 more staff, the payouts this year will likely be somewhat diluted to offset the increased headcount costs.

If the numbers are not made, then no-one gets a payout. That has happened yet but it might.

However, my point is, if the company is not successful, then no-one gets an award, even those at the top. I've seen years where DXC claimed a successful year to stakeholders, paid themselves huge bonuses, yet when it came to pay rises claimed no region made the numbers. What!? So a successful failure then? I think that's what used to get me the most about DXC how those at the top could just keep pocketing huge stock options, bonuses and pay rises when the company was making people redundant in cold and dispassionate ways talking about optimised services. Still makes me shudder. Ethics my a-s!

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Post ID: @6jew+1b4F4hp6

The post about the lack of pay rises is spot on. In the last 12 months, the UK inflation rate (consumer price index) has been 1.6%. I'm too lazy to look up the previous years but I'm sure it's similar. So if you've been with the company, say 3 years, prices have gone up around 5% in that time. Not only have your living costs increased by at least 5%, DXC has increased how much it charges customers. If you've not had a 5% pay increase in 3 years, then the company has effectively reduced your wages, as well as reducing staff numbers, meaning MORE work for less pay. That tidy profit goes into the pockets of Mike S and his gang of carpetbaggers, all of whom have sneaky little stocks and shares arrangements. Yep that's right, we charge the customer extra but you don't see a penny of it.

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Post ID: @4wwz+1b4F4hp6

100% agree with the posters above. Been with the company >3 years but just can't stand the mind-numbing bureaucracy and management lies any more. No one gets pay rises, no one gets bonuses (except Mike 2's cronies), there's no incentivisation whatsoever, and there doesn't even appears to be a way for good employees to put their hand up and ask for promotion.

Luckily my new job involves a decent pay rise (> 10%) but it almost feels irrelevant. The key thing for me is that DXC simply doesn't care about its people. The only way to survive with your sanity in this company is to be utterly mediocre and blithely sail through doing the bare minimum. Most good technologists don't have that mindset, they genuinely care about and fight for positive change. That's why people will keep leaving in droves, while Mike 2 and his henchmen pretend that everything is fine. He's Comical Ali without the beret.

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Post ID: @4ffn+1b4F4hp6

SNAP... I left in March. I was in a great role (low pay was starting to bite) but comfortable. Being over 50 with a reasonable personal pension (no credit to DXC) I was looking for the final role into retirement - but could not see another 18 months at DXC.

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Post ID: @3ufg+1b4F4hp6

sounds very similar to my reasons for leaving a few months ago. I was there for about 5 years, very comfortable and not expected to work too hard and was generally able to keep my head down and avoid much of the cost cutting madness of the Mike 1 era.

About 12 months ago I started to realise that avoiding opportunity, putting up with BS and allowing my skills to deteriorate due to no investment or care from management and the endless prioritization of revenue over everything else was not a healthy place to be.....I pulled the pin and have never been happier

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Post ID: @gft+1b4F4hp6

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