Thread regarding DXC Technology layoffs

That stock repurchase if 1 billion in shares could give every employee a $7692.30769231 pay increase, all 130,000 of us !

DXC Americas Well-being Sessions, if they care about our well being then give us our well deserved yearly merit increase and if there isn't enough money, then the executives and the board need to take a huge pay cut, no more stock options!

You can add to the culture rant - entitled employees who do nothing but enter timesheet and whine endlessly - while a bunch is working real hard to get things done.

Hate to say it, but the culture is certainly NOT keeping people.

I am in the process of taking an offer for a lower salary - just so I can get away from the poisonous culture of this PoS company - a culture created solely by a pair of guys called Mike.

Mike, you're out of your depth. Let the grownups without anger-management issues (& driven by something other than greed) take the reins. You know you've failed, and so do we, the shareholders and the clients.

Let us see what "culture" he might have been referring to:-
(1) Culture of piling on more and more work on lesser and lesser number of people left, as employees leave in droves via voluntary or involuntary routes
(2) Culture of grinding down the remaining employees to breaking point with workload
(3) Culture of no pay rises, bonus or any pther perks despite the massively increased workload.
(4) Of late, culture of no standby/oncall payout
(5) Culture of no Christmas parties, team events
(6)Culture of zero engagement from line management except to send reminders about filling up "objectives" and then providing a thoroughly laughable end-of-year assessment
(7) Culture of no budget for any kind of external training or skill upgrade... apart from the thoroughly comical "DXC University" which has got largely outdated course material.
(8) Culture of forcing people to participate in "engagement surveys" and then doing f__k all with the results
(9) Culture of forcing people to undertake "ethics training" while the top management violates every single ethical principle in filling their own cogffers
(1) Culture of lying to the employees about raises.

I could go on, but you get the drift.
Truly, M2 and his cronies live in a parallel universe. Either he is high on his own supply, or he is a shameless crook of the highest order.

In response to "The only thing he got right was that customers leave when they don't get the service. So how are DXC providing service on an underpaid, disgruntled workforce and layers of incompetency starting with the overpaid Exec and Board?"

Customers aren't getting the service they expect. That's why they're leaving.

Examples: staff being made redundant from in-flight projects, resulting in the projects failing to deliver. Guess what? Several major clients in the UK alone have left as a result of this one.

Account teams being cut, but the price of service remains the same. The quality of service declines. The client leaves.

Shouty still hasn't worked out that he needs people, ideally well-motivated people, to deliver service. Every time he cuts people, service quality suffers. When service quality declines, customers leave. So he cuts more people and the cycle starts again. The cycle will stop when there are no customers and no people left.

Mike L and Mike S have taken what was once two good organisations, and thoroughly trashed them for personal gain.

He was called on his BS about the big deal in Q1 that affected the numbers but would land in Q2. It didn't land in Q2 and now has vanished.

Was impressed by the subtle digging from the analyst on that one - forcing Mr Shouty to admit that of the 4 mega deals that were about to sign at end of Q1 turned into just one deal - then he repeated the story again about a massive $600M deal thats being close to closing for 6 months (probably referring to the sale price of the whole of DXC to private equity!)

May be we should hire this Aristotle to the board!