Thread regarding DXC Technology layoffs

"Europe : 63.68% share, which marked an 82.64% rise over the previous month."
"Switzerland : 55.79% share in October 2022, a 96.23% growth over September 2022."
"Junior Level : 69.35%, up by 87.37% from September 2022. "

so basically, DXC started a new project in Switzerland, stuffed the account with a bunch of Junior posts, a few managers and almost no senior positions. Not exactly a global strategy to increase headcount

Totally understandable a 19% surge in hiring in OCT, because Shouty had to state he had attrition totally in control on the earnings call. Contrary to the "Cost Reduction Activities."???

whats a "reourse"?

"...Going up 0 to 1 is 100% increase"

Well....what an indictment of existing DXC reource.
Do I really have to explain this as if to a pre-school infant?

we have existing dufuses - we hire more dufuses - not sure where this is heading.

@1hea
Management and other "overheads" like Finance. DXC is the only company which has 5 non-billable "overheads" for every 1 billable IT resource. Clients have also started realising this.

@OP
On quality of resources. In my account, a recent new hire Finance Analyst asked in a client call what is straight line depreciation? Customer was furious and asked him what is his qualification? Without hesitating the guy answered Chartered Accountant! Client then mentioned to me no doubt DXC is leaving so much money on the table unbilled for whatever little bit of services rendered.

Does this mean the remaining 50.27% share of the hires were management?

Hiring going up 19% from what ? Going up 0 to 1 is 100% increase in hiring What is the net effect vis layoffs , people leaving because they are fed up with the BS if nit getting pay increases.