I'm starting to think that all the people who threatened to leave did go through with their plans (attrition is certainly worse than ever in my neck of the woods) and now the leadership is in panic mode trying to find people to replace at least some of them in an employees' job market and not even thinking about their usual start-of-the-year favorite activity (layoffs). I don't know if I'm wrong or right, but I have to say the thought amuses me.
11 replies (most recent on top)
The layoffs are coming in the US
even if this were true there is no need, just go slow on replacing all those taking part in the Great Resignation and the attrition will easily exceed any WFR targets (even at its worst CSC/HPE/DXC never got rid of 25% of its workforce in any round)
The layoffs are coming in the US.
I've seen a few new people getting hired, and many more employees left. Western Europe is still hiring actively, but it is a daunting process; managers must receive multiple approvals from senior management along with a strong business justification before a potential employee is considered. This is how DXC is 'competing' in the current exploding job market. Potential employees are already taken away by competitors before DXC has a chance of offering them a job. I suppose hiring more VPs is the priority here, given the fact that another VP has been introduced to make our lives a living nightmare.
"The word redundancy means the state of being not or no longer needed or useful. So thats what they think of us?"
I don't think the employees even appear on their radar screen! It's just a line item under Liabilities and probably rolled up with some other unwanted costs...
The corporate leadership could arbitrarily lift the hiring freeze whenever they want. It's more of just another example of the state of the company, and their preferred tool set for generating profit.
The word redundancy means the state of being not or no longer needed or useful. So thats what they think of us?
re: hiring freeze
if the attrition rate is still around 25% as stated by Mikey2 earlier (and that was before the Great Resignation really got going) then the headcount will certainly drop rapidly in the coming months! April 1 is a long way away ...
Hiring freeze at a time when most firms can't acquire staff fast enough - not a good sign for the health of this company.
New hires have apparently been suspended for q4.
They are coming next week
DXC don't do layoffs anymore, they smoke people out so they don't have to pay redundancy.