Previous thread - https://www.thelayoff.com/t/1nV8xLLM
DXC is hiring a very small subset of the people from Kyndryl that previously supported managed infrastructure. None of the impacted people worked for AT&T still, they were all outsourced to IBM about 4 years ago, then IBM split into two with Kyndryl taking over.
Ironically, DXC is spinning this internally as a much bigger win than it actually is. Kyndryl was already losing money on the contract and DXC underbid them by more than 20%, they won't have the prior knowledge of most of the former AT&T employees, and AT&T expects a seamless transition when they got less than 30 days of any kind of turnover in most cases. AT&T choose cheap over everything else and that means extensive (almost exclusive) use of off-shore resources. At the time they signed the deal, DXC wasn't aware there are US only restricted systems as one example that will undermine their ability to earn any kind of profit on this deal. AT&T basically gave them an early copy of the original IBM contract without revealing that Kyndryl at the time was doing significantly more work than was actually in the contract, but expects DXC to continue that out of contract work at no additional charge.
Karma all around for everyone involved.