Thread regarding DXC Technology layoffs

I'd disagree on MEA, its a basket case.

@1elf+1n5rYO7E
I might have an answer to that.
When you "cut to the bone, amputate a few limbs", you have removed the cream of talent, people with years and decades of client knowledge and know-how. Delivery plummets, clients get frustrated, and contracts do not get renewed/go to competitors.
Rinse and repeat the vicious cycle.
You cannot cut your cost to prosperity. You have to invest in the business, and then wait for a period of time to reap the benefits. Some of your investments will go waste, and some will give you handsome returns. That is how business is run everywhere, except in DXC, where we expect to get something out of nothing.
APAC numbers are solid because of the low cost base, and not because they are helping get loads of new business.
Getting new business needs to be done at the locations where the clients are (USA, UK, Europe etc), and that in turn required very good client relationship... which doesn't exist as on date owing to factors mentioned above

APAC has solid numbers, it’s USA, UK and some European countries which are the problem. Not the European LCC’s.

I’m in the UK and this is the truth.

How can they cut to the bone, amputate a few limbs and still not make money I’ve no idea.

Well last year we had 136,000 people and this year we have 130,000 and they have told us they hired 27,000 in the last year. So you do the maths... Apparently it's not as bad as our competitors... Presumably they think we compete with twitter or something.

@ojs+1n5rYO7E
Just as I expected... hence the purpose of my original post.
No matter how much we lament, curse and villify DXC on this forum, the fulcrum of growth and delivery is now offshore. And going by your post, though you have not mentioned as such, it seems that the attrition issue is not acute over there.
So, folks, that is puzzle solved for you. All of us wonder on this forum how DXC is managing to survive despite offering no hike and no growth. Guess what, it is offering those and more, where it thinks it matters, i.e. offshore. Sorry to break the news, unless something goes catastroplically wrong at offshire, our fond wish of DXC's quick demise will not materialize.
You can keep moaning about lack of payrise, progression, Mike & co looting money etc, but the fact is, they have got their gameplan sorted out and do not care about you. You are not in their plan. You can continue to languish, or leave.

There was 1 Indian on the Exec Team Vinode Bagal and they got rid of him!!!!

They main leads/expense is in a high cost centre. Mike, Mary, Chris Drumgoole, William dechleman eg all Americans so can't be a case of low cost centres.

Otherwise all the chiefs should be Indians or Chinese.

DXC in India is doing great. In fact the entire Middle East, APAC is doing well and on growth trajectory. Hence middle East was ripped out of EMEA and merged with APAC and it reports directly to the CEO. The region has 40 percent women workforce and fully implemented virtual first strategy. So OP and others read between the lines. Wall street reads this and hence the stock is holding steady. They have to do, what they have to salvage the best and dump the rest (non performing offerings, regions and people).