Mark the date in your calendar. Any ideas on what they will share first with the shareholders and later/never with employees? What will be the key topics to be addressed or obscured? The results of the survey? The completion of the debt refinancing? The perpetual elimination of the variable pay for all working bees? The one time 4% salary increase for a few vs an annual inflation >4% for all?
8 replies (most recent on top)
"but what about someone you don't really like?"
I would NOT even refer my worst enemy to this sh???y company
More WFR will be celebrated. Loss of several major accounts will be spun as a success - there’s no cost to service an account you’ve lost. Employee engagement at an all time high, measured by the number of staff who filled in the survey - but completely ignoring what they actually said….
but what about someone you don't really like?
Employee Referral Program, they have to be out of their ducking (replace the D with an F) mind. I wouldn't refer a friend to this sh*t ho-e company for any amount of money
They will explain in detail how they will inspire, engage and motivate staff do extra work without extra pay. It is a DXC only paradigm shift: extra work without variable pay. All other companies do exactly the opposite: let all staff benefit from variable pay.
Spun as 'Foundational Shrinkage'...
and a confident forecast of moving on from the Foundation phase onto the third phase which will be called "Shrinkage" with a FY23 forecast of revenues in the $12B-$13B range on the back of the success of the Platform X/Enterprise Stack. Staff turnover will also stabilise at about the current 24-30% range. Target market cap will be about $6B-8B - so ATOS can make a renewed offer about 20% lower than the last one.
More stabilisation success, future outlook is growth from high margin ITO deals won from India MSI with superior PDXC automation.
3 massive lies in paragraph above, but it sounds great...
At the end of day, I don't care as I left the cess pit earlier this year.