People, stop complaining and leave. Make the decision that will make your lives better immensely. It's obvious that after years of layoffs and cutbacks there are no improvements coming anytime soon. Why would anybody voluntarily continue to work for a company like DXC is beyond me.
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Another executive new Multi-Service Solutioning (MSS) leader for the Americas.
We have repeatable offerings that very few accounts follow, we have Solution Architects sitting on their hands and not assigned in a way to use their talents.
This company is doomed and I am glad to say I sold all my DXC stock when it was in the 90's and will retire before the would finds out that M2 isn't going to turn the company around in FY23
Mike Mary and Vinod did well but the investors (assuming their objective 12 months ago was to hold $8.4B today rather than the $14.2B they could have had if they had any investing foresight) could simply have accepted the offer, then had the mother of all parties and spent $3000 PER MINUTE for the entire year to forget Covid, and still ended up with the $8,4B they have today
Strange choice ...
Not everyone lost out by not accepting the ATOS offer, by blagging it another year Mike, Mary, and vinod pocketed $31 million.
If you can milk it, why would you care about shareholders.
re: previous post on Accenture
and to rub it in further, as we have reached the anniversary of DXC declining the ATOS $10B offer for them - if DXC investors had accepted the offer and then re-invested the money in Accenture shares that $10B gift from ATOS would now be worth $14.2B (even after the recent falls on Wall St)
Still I'm sure the investors are quite happy holding their DXC shares, worth $8.4B today, a year later ... after all, who needs $5.8B of lost opportunity money anyway ...
meanwhile just to show how easy it is to grow your business in IT outsourcing, Accenture announces a 27% increase in revenue to $15B and raises its full year forecast to growth of 19 to 22%, and its not a case of them buying business because their operating income was up 29.3% and operating margin 16.3%
So its not the market that is causing DXC's endless shrinkage - I did look but didn't see any comment from Accenture explaining their recent growth due to offloading deadwood senior execs to other IT outsourcing companies ;-)
Why would you leave with DXC offering cash for Employee Referral's ? Maybe if they didn't layoff 4,500 people?
DXC Technology plans to eliminate 4,500 positions and simplify management layers so it can more quickly respond to customer needs, said CEO Mike Salvino, who blamed an estimated $2 billion “revenue runoff” on the company itself. May 29, 2020
https://www.crn.com/news/channel-programs/dxc-targets-4-500-jobs-as-it-moves-to-more-quickly-respond-to-customer-needs
I enjoy DXC..I do the minimum..work from home..no one really knows what I do.
Get good appraisals..
Pay actually good for UK Midlands as managers try to close North South pay gap..which is great as my living expenses half the southerners 😂
As simple mention, DXC will be never growth.
Agreed. Just leave. Mike said, "If you don't like it, leave." One of the few things he's said that's right. Get out, go somewhere better :)
In Germany working for DXC is very relaxed. No pay rise on a regular base but the low performance culture leads to a very low workload for experienced software developers. Overall it is not bad.
Why leave? I received a pay increase in 2021 (small less than 10%, but on increase) and I work 99% less than I did in 2020. Perfect job, come to a few meetings and do nothing all day long.
Full US retirement is 1 year away, and it's great not being on call, not working off hours or weekends and have almost nothing to do all day.
When you stuck in a rut and your physical and mental health is suffering as well as personal relationship with wife going down the toilet it is hard to see light at end of the tunnel. Especially added to this past WFR decimating your team and offshoring the rest, your co-workers and manager then turn on you heaping more work, pressure and jibes it does real damage to you.
Thankfully left cease pool and my physical and mental health has returned, so if possible for workers in same boat (and if you can land another job / retire) then do this and leave ASAP.