Do we with they are trying to force people out of their own accord, or are WFRs on the horizon?
Whilst we all know we can 'leave when we want' its not always that simple, and many people it seems are holding out for WFR, how likely do we think it is that they will go ahead with another round?
what’s worse than being rift is staying at DXC, get your résumé in order and start doing interviews sooner or later. Somethings gonna come up that is 1000 times better. I got out in December and thank God I feel so much better but I feel sorry for my friends that are still there and don’t understand they’re smart people but they stay.11
The obvious thing for DXC to do is to grow its business, and increase its margins.
Well their new contract with AT&T is a sign they are not moving in that direction, they're already trying to renegotiate a deal that hasn't even fully taken effect yet from AT&T's previous provider. AT&T is really good at not negotiating in good faith, and they pulled the wool over DXC's eyes on the scope of the work being done by the current provider, which DXC is now discovering.
Well in the US the last WFR package was a max of 8 weeks pay and I bet this time around there will be no package unless by law they need to have one. Where I live in the US - Illinois there is a right to hire (or better put right to fire) where they can let you go for almost any reason
It's possible.
If you look at the last FY results, DXC's financial position isn't exactly healthy. The obvious thing for DXC to do is to grow its business, and increase its margins. DXC works to between 10 and 15% deal margin, then cuts staff while maintain costs to boost margin - this results in failed delivery, unhappy customers and dropping revenues. Competitors work to 30%+ margin with fully resourced teams, deliver what they say, and revenues go up.
But, there's a problem. Firstly, DXC customers are all past the point of doing any more business with DXC. Secondly, Mad Mike only understands one way to boost profits (note, profits not revenues). The only thing Mad Mike knows about is cutting staff numbers to reduce costs and boost profits in the short term. Whilst he should be concentrating on writing better (new) business, what he'll actually do is cut further. He's probably hoping for natural attrition - people retiring, or leaving 'cause they're fed up with no rises, their bonuses never being paid, etc. But if that natural attrition doesn't happen, there's a good change he's going to have to go for even more WFR to boost his short-term numbers and ensure that he and 'his Finchy' can have even more $$$s for themselves.