According to this piece DXC is looking to sell 'certain businesses that generate roughly $500 million in annual revenue.'
https://www.channele2e.com/business/enterprise/dxc-seeks-to-sell-off-selected-business-units-for-500m/
Doesn't say which ones, not exactly WFR but certainly more folk leaving. Possible some WFR may occur in those BUs before sale to make the financials look better.....
@xtn+1fc09Dsy. Yea, free training may be available but are you doing this training after hours on your time? I don’t think you will training yourself after hours but during work hours. What are going to put down on your time sheet, training? Your people manager will n-p that in the bud as it is not billing hours.
“We have identified businesses with roughly $500 million in revenues that are not strategic and will not help us grow"
Insurance software? BPO? What else is not strategic?
Is there a single profitable business unit that has a decent product or service left for them to sell off?
I think not!
@xtn+1fc09Dsy - wasn't talking about Cloud training (no where did I mention this)
To the person who said "budget for training or investment in you as a valued employee." There is tons of FREE Cloud training going on right now. There are tons of Storage and backup training that is FREE. So don't give me that cr-p about no training budget!
If that Business units are being sold = hopefully means good luck for any transferred staff to new organization with new leadership and hopefully better renumeration and training for the Staff.
Also good for CEO, board, etc as they probably get a windfall from it, increase share price short term and more share buy back.
Not so good for remaining DX'C staff that actually do the work at the coal face - little or small wage increase and same we haven't got any budget for training or investment in you as a valued employee.
Hmmm, how long until DXC only employs only Mike & his Steak Cutter? Everyone else will have been WFR'd or sold.
But they want to waste money and buy back 1 billion is shares, I say F U Mikey 2