Thread regarding DXC Technology layoffs

How did you find out, call from manager etc or email?

If its a figure it would be best if they just emailed it to put us out of our misery of waiting. Then they can follow up by manager whenever they want to get round to it.

Well my pay increases of 4.5% is better than nothing, but nowhere close to the 20+% inflation since my last increase so I am still earning less than I used too. But it's better than getting nothing, I am now making in the 80K range and it feels good.

Via Google search "Salary Ranges for Executive Vice President, Chief Human Resources Officers. The salaries of Executive Vice President, Chief Human Resources Officers in the US range from $536,800 to $805,200 , with a median salary of $671,000 ." Our HR chief is only earning 8+ times median salary.

See https://www.crn.com/slide-shows/storage/dxc-technology-s-most-highly-compensated-executives-in-2021/4

Mary Finch,

Total FY21 Compensation: $5,575,565

Total FY20 Compensation: $4,196,025

Prior to joining DXC in 2019, Finch served in the same role at AECOM for four years and as a senior managing director at Accenture for nearly 15 years. Finch is responsible for all DXC human resources business and employee engagement globally.

For fiscal year 2021, Mary Finch’s salary was $700,000. Her non-equity incentive plan compensation was $960,500 all other compensation of $15,824 and stock awards totaling $3,899,341 brought Finch’s total compensation to $5,575,565.

Are we saying that vinny and Mary got $10 between them.

Thats a bit gross, Isn't that the size of revenue on several contracts?

You could get several hundred people for that much, a good cost saving to be had in a simple hit for mk2, 10 million saved.

No need for complex building shuts, overtime bans, travel bans, low pay, cost take out can be so easy.

[D]eception e[X]ceeds [C]atastrophy

Sums it up, masters of Deception, untruths, and non deliverable on promised pay raises.

The executive pay eXceeds executive pay in other companies. $5million for a HR and $5 million for a delivery lead, how do they work out such exhortation, excesses, yet there's nothing for staff.

Cathashropy company revenue in quarterly declines, productive staff screwed even more, people inventing process to keep unproductive management layers.

It so simple to turn this company around speak to more minions on the ground rather than paper talk theories in meetings.

Looks like the pay raises will need to be decent as theres plenty of pay out there and DXC will start losing more than the current 19% of its staff in attrition.

Hiring for the digital tech sector has surged past pre-pandemic levels with 132,000 vacancies recorded in a single week in May, according to new data.

Vacancies are now running at their highest level since 2016, having recovered sharply from a trough of 43,490 last June, data compiled by job search engine Adzuna and Dealroom for the Government’s Digital Economy Council found.

Zihddhjkreet67@etziikkgjgd - one good side is that 1) the good techies can look around and leave 2) In theory Mikey no 2 can reduce numerous levels of management and ineffectual processes saving money in same process that don't add value, don't know %^%^%^, etc, etc

"Mike Laurie is the reason, it's all his fault, he did not care about the workforce, he did massive wfr" - Mike Salvino (without mentioning the name of the CEO in charge when he arrived).

"thanks to the workforce, who worked from home during covid, we now can start our new dxc (working from home) and close down a lot of offices.... And if you're not happy about this, well, you know, you can leave" - Mike Salvino.

Wow thank you for this eXcellent demonstration of valuing your workforce, Mike.

Where are the cakes.

$9.5million earlier than the rest of the workers. Must mean bumper rises ahead for everyone as inflation is skyrocketing and other firms are offering good raises.

Even hairy monkeys / apes could do better job than all the 3 at the top - they don't add value to company, they not turning company around and all 3 need replacing for the company to have any long term hope to survive.

Spot on. It's an absolute sh1t show. A classic "Marie Antoinette" moment.