Thread regarding DXC Technology layoffs

What is so sad and unbelievable in my opinion is o e simple thing… we have a CEO, CRO and other leaders who actually think they k ow what they are doing. Further, they are so unbelievably cocky that they actually believe they know what they are doing. lol
There is not a single lead who could get the job they are in today at any credible public company.

Where is our CEO?

he's joined the other 120K staff and is quiet quitting

Where is our CEO? No Global Town Halls since April. No recent posts on LinkedIn. Is something going on that we are not being told? Does anyone have any info?

@v6 if you don’t like your employer, then change employment. You are not a slave

No wonder DXC is a mess its employees are embarrassing as they don’t understand that they can leave

Then find a new Employer? Are you that stupid that you bi--h year after year and do nothing about it ?

@t9 Telling people to “shut the F up” because they can’t just walk into another job as they aren't capable is exactly the kind of attitude we get from management. So I assume you are management. Read what people say - and do something positive about it, instead of belittling people.

@f4+1k3bvb1xc I've heard this company wont be around for long since my CSC days in 2011 . DXC is not going anywhere soon!

If you dislike FXC so much, then why do you stay? Get your CV out and find a new employer and if you can't, then you belong at DXC and shut the F up alreadu

Please fill in your time sheets in all the four time systems.

DXC: Summary of Leadership & Operating Model Failures

Leadership failures: Successive leadership teams have prioritized cost control over building a compelling growth strategy or long-term vision.
Cost-first operating model: There is effectively one way of running the business - optimize for cost management. This dominates decisions across functions.
Short-termism: Management is fixated on quarterly results, not multi-year strategy, which discourages bold bets and sustained capability building.
Underinvestment in the future: Innovation, talent, and modern platforms are consistently starved of funding; “future bets” are deferred or minimized.
Growth stifled: Even when pockets of growth appear, they’re strangled by the same cost-reduction logic (headcount, marketing, and R&D pulled back).
Cultural entrenchment: Processes and mindsets - from top leadership through senior and middle management - are calibrated to manage decline efficiently rather than create expansion.

After multiple leadership generations, DXC’s leaders and operating model have hardened around cost management for a shrinking company, leaving little room for investment, differentiation, or durable growth.

Absolutely not! The leadership at the top, play lip service that they care for employees and want to reward them but that’s just talk. They either don’t care or are just d-mb, maybe a bit of both. This company is not for long unless they get bought out.

They either don't know what to do or simply don't care.

It's just an endless round of massive pay for the top. Pay which is absolutely unjustified and out of proportion to what dxc is.

I'm surprised there hasn't been shareholder revolt tbh.

I almost asked this very question at Art's last town hall but yet again he was hiding behind a supplier or customer, so no problem questions allowed

And guess what for this 8 years of failure the Execs are handsomely rewarded and justified their pay, but others aren't even given a rise.

Dual standards.

Absolutely not. The three generations of leadership since 2017 (in fact earlier, as the first gen was CSC back earlier) have consistently failed in almost every measure. They have managed to award themselves ridiculous salaries and bonuses but the actual business results and decisions (such as twice declining $10B buyouts) have been a MBA case study in how-not-to-run-a-large-organisation. A share price that started at $50, rose to nearly $100 and is now at $14 when the overall market is currently at record highs, and where it was during Covid 5.5 years ago. A market cap of $2.5B despite spending $6B buying back shares. 33 consecutive quarters of declining revenue despite a endless series of announcements about "poised for growth" and "turning the corner" and jumping on every ChatGPT generated buzz phrase they can think of.