Thread regarding DXC Technology layoffs

Corporate care shareholders more than Employees.

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| 1721 views | | 7 replies (last November 13, 2022) | Reply
Post ID: @OP+1jvUq1H0

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This is a stupid post , of course dxc cares more about the stock holders/owners as that’s the only reason the company exists , to make money for the owners ! Employee’s are an employee’s are a tools to that end.

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Post ID: @blkb+1jvUq1H0

DXC Retirement Center only a very small select few that get a retirement plan

** Pension Plans – Legacy ES Employees **
If you participated in a pension plan listed below, it is sponsored by Hewlett Packard (not DXC or HPE), and you will need to contact Fidelity at 1.800.457.4015:
• HP Retirement Plan
• HP Deferred Profit Sharing Plan
• HP Cash Account Pension Plan
• EDS Retirement Plan

Pension Plans – Legacy CSC Employees
Plans Moved to CSRA
If you participated in a pension plan listed below, which is now sponsored by CSRA, you can run a pension estimate on CSRA’s Your Pension Resources website (ypr.aon.com/csra) or discuss your options by calling the CSRA Benefits Center at 1.844.335.9041.
• CSC Employee Pension Plan (including merged benefits from Dupont, Conoco, General Dynamics, Hughes, DynCorp Salaried, Raytheon, etc.)
• Eagle Alliance Employee Pension Plan
• DynCorp Union Pension Plan
If your benefit is payable from one of these plans and you meet the applicable age and service requirements, you are eligible to begin receiving your pension even while actively employed by CSC or one of its affiliated employers. To request forms to begin your benefit, call the CSRA Benefits Center preferably 60-90 days prior to your desired benefit commencement date.
Plans Sponsored by CSC
If you participated in a union pension plan listed below, which is still sponsored by CSC, you can request a pension estimate or discuss your options by calling the CSC Pension Center (managed by Aon) at 1.877.627.4015. To request forms to begin your benefit, call the CSC Pension Center preferably 60-90 days prior to your retirement date.
• CSC Outsourcing Hourly Pension Plan
• CSC Outsourcing CUTW Hourly Pension Plan
Distribution Options at Retirement
You may have questions relating to your CSC Pension benefits. We recommend that you review the Summary Plan Description for your pension plan before you make your pension benefit decisions. The SPD is an excellent source of information on your pension plan and will provide you with important plan details. Special provisions may apply if you participate in certain groups or contracts acquired by CSC. The SPD for your plan is available on your applicable Your Pension Resources website listed above or by calling the Pension Center.

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Post ID: @1vrm+1jvUq1H0

Well, don't understand the logic to be honest. Shareholders exist for all major corporations... Google, MS, Amazon, Oracle to quote a few at the top end... to medium and smaller ones at the other end. No one in my experience treats their employees as shabbily as DXC does... do you mean to say that they do not care about their shareholders?
The logic is flawed... it is not a choice between employees and shareholders, it is often both, and companies that understand this point are the ones that prosper. They end up making both happy... DXC on the other hand has long lost the confidence of employees, and about to lose the shareholders pretty soon.

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Post ID: @1rtw+1jvUq1H0

The DXC Retirement Center is 877-839-2627

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Post ID: @oyy+1jvUq1H0

I am desperately trying to find a number for someone at DXC who can administer my retirement benefits from CSC…..all public numbers seem to be out of order. Would very much appreciate some info…..

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Post ID: @owz+1jvUq1H0

Because they own the company! Pretty basic company law. But the Board, and executives shouldn't be able to VOTE there shares !

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Post ID: @hkw+1jvUq1H0

Because they own the company! Pretty basic company law.

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Post ID: @uwl+1jvUq1H0

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