Thread regarding DXC Technology layoffs

DXC has always been toxic

DXC toxicity seed were sown in April 2006 when CSC cut 4,300 jobs in Europe. Quick history recap.

July 2007. Mike Laphen appointed President. This was in line with the CSC Governance policy of only appointing to the role of President people named ‘Mike’. The strange reasoning behind this was to hope that having consistency in the figurehead would mask inconsistency elsewhere, such as Governance and established accounting practice.

Mike (draft 0.1) offered a fresh new direction. One that would put people and values at the core. His first job was to start the WFR process. By 2009, this had covered Australia, Denmark and created lots of Union battles. By 2012, CSC was in financial difficulty and still struggling with cashflow, a large UK National Health Lawsuit through an SEC fraud investigation. Amid the controversy, Mike retired, stopping off only to grab $7M and a $1M a year pension for life. The SEC caught up with his departure in 2015 and charged him ordering him to pay back $4M of the $7M taken and charged 4 other execs with CSC settling a $190M penalty. CSC core values continued but the ethics policy was updated, and everyone who had not retired (97,000 people) were forced to sign to confirm they had read it.

Feb 2012 Mike Laurie (Mikey MKI) takes over the ailing company, promising a fresh new direction. One that would put staff at the centre of shaping its future, which it indeed did - by riffing most of them. They called it ‘Get fit’ (later renamed by the current Mike MkII to ‘optimise costs’). CSC and HP’s HP Enterprises then merged and according to Mike Mk1 would be ‘built on a foundation of trust’ to ‘allow clients to seize opportunities’ and to 'gain synergy' (synergy is an old business term used to describe cases where one loss-making company joins another loss-making company to form one big loss-making company’. DXC (Digital x force multiplier Company or whatever CSC and Seigal and Gale were smoking that night) was an ambiguous acronym, before its own workforce fed on years of promises for pay rises, helped to clarify its meaning with “Don’t Xpect Compensation".

2016 Mass WFR's. A Bullying culture. A President who was unable to separate business and personal life – having his Chief of staff cut his steak at a restaurant meal, causing “Steakcutter” to enter the DXC lexicon. And, with the final nail in coffin came when an investment group filed a lawsuit against Mike for his sacking of key people including the US Chief of Sales that was argued affected the promised forecast which was revised down twice and halved the share price leaving a lot of unhappy people. Apart from Mike, who retired with $19.4M and founded a capital equity firm, TLC.

Sept 2019. Mike Salvino (Mike MkII alias ‘Mr Shouty’ in the DXC lexicon) takes over the ailing company, promising a fresh new direction. A transformation journey that makes its top priority to ‘Inspire and take care of our colleagues’. A new age of communication through Town Halls begins to engage global staff in an open, honest, and transparent two-way communication.

CUT TO:

The President angrily shouting to the entire workforce that if they don’t like it here, they should leave.

Advice which many continue to follow to this day.

To now answer the question, Yes - DXC has always been toxic

This needed to be in a post of its own and not buried in replies. Taken from @cwz+1igDnfMe.

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| 1881 views | | 7 replies (last August 31, 2022) | Reply
Post ID: @OP+1ioVpaJm

7 replies (most recent on top)

Why do so many people get his name wrong ... it's Mike LaWrie ...

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Post ID: @6nzw+1ioVpaJm

see the other articles, Platform X is gone, as is Bionix and as is MicroFocus (so including what was HP Software)

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Post ID: @2ctx+1ioVpaJm

Bionix was an epic fail, but we learnt a lot from that and used it to come up with a trendsetting technology in Platform-X. Most of the the critical sectors like Aerospace, nuclear fusion and space industries use them heavily. This is a game changer.

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Post ID: @2tvy+1ioVpaJm

I was there for Bionix. Such an epic fail.

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Post ID: @1fds+1ioVpaJm

Not just CSC. At the end EDS was unrecognizable. HP/HPE continued the slide to the bottom. No surprise that declining companies marry thinking that is some magic bullet.

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Post ID: @fzr+1ioVpaJm

Mike Laurie is a complete scumbag. That dude wiped out so many jobs, cut so many benefits in order to get the stock price up - which, surprise, was tied to his personal bonus. He screwed over thousands of people to enrich himself. What an as----e.

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Post ID: @ejm+1ioVpaJm

CSC MAY have committed "su----e" when the "consortium" ki---d Thinthread in 2001. You know, the computer program that found the 9/11 hijackers "after-the-fact". Then, the "consortium" continued to bilk the American taxpayer for billions with the Trailblazer project until the program was cancelled in 2006. The "consortium" produced nothing useable. READ: Trailblazer Project wiki WATCH: A Good American documentary. MAY have something to do with CSC's "beginning of the end" Dunno, judge for yourselves. It just seems that this is when CSC started to collapse.

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Post ID: @mqf+1ioVpaJm

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