Thread regarding DXC Technology layoffs

DXC Annual Pay and Merit startegy

The last quarter of the FY is manipulated low on expenses to make it look good. The VPs take thier millions. The other managers get their bonuses.

On town halls they dangle the carrot, The employees get told "there may raises depending on finances". The new quarter is then front loaded with all the expenses for the year so its bad. They make everyone do appraisals to keep them hoping.

CEO announces a bad quarter to Wall Street but says all is good with $800 fcf profit made, debt is low, we're chopping more, we're doing buybacks to keep our pay high.

Employees keep asking about pay, they drag it for months then say quarter was bad, "can't afford it at the moment but we will pay if anything changes".  Full well knowing they won't pay its just another carrot dangle.

Silence and Stretch it out until August,  employees work it out the company has been bullsh-tting all along and won't pay.

Repeat the following year every year, we can't afford your 10% rise but we can take from your pay, to allow us our millions.

Go and tell your families to suffer.

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| 1321 views | | 8 replies (last April 27, 2024) | Reply
Post ID: @OP+1sdrNZGi

8 replies (most recent on top)

@1qjg+1sdrNZGi - Mikey you are bang on. Please keep posting your thoughts. Am sure you can spill a ton of interesting stuff.

For e. g. Your comment on the drummer and DXC Time - dud did not deliver on that and still there are multitude of time keeping systems, but he declared victory and moved on _ nicely collected his millions.

Danced around platform x and collected millions - he is an amazing loot master.

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Post ID: @2hwn+1sdrNZGi

Hey Gang Mike here

For the record I was shafted like you guys i'm glad you have worked out the playbook on pay raises.

Nothing has changed under Fernandez. $800 profit is been made in the year, and your not going to get any of it. They have raided the money this quarter.

They got rid of Hughes but Finchy is not movable I told you before. Finchy is useless but will stay on millions of $ for some emails a year. She delivers in other ways she goes "above" and beyond and gets to the bottom of things and delights the "customer". She is a "pleasure" to work with. You know what I mean.

Worst is Drumgoole I got him in 5 years ago and he didn't even deliver the DXC time system, grandad Jimmy Brady is also well past it and doesn't have an idea. It's a crooked  system, Millions spent on these well past it VPs.

The only way you'll get a raise is to leave, these guys are more corrupt than me.

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Post ID: @1qjg+1sdrNZGi

The only people on strike is the Networks folks. I know quite a few engineers and they tell me they literally doing very little. They don't have any teams meetings so don't need to report back.

The only way they see of getting money is to take free time instead of money. I used to feel against them but I think they are right now, we can't keep going on with no raise.

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Post ID: @1lsx+1sdrNZGi

There is nothing the employees can do to stop this robbery led by the executive team.

The union is dead and has been for well over 10 years.

UNITE scammed us too saying they needed more members for collective bargaining. People joined and they didn’t do anything either.

The employee works council too, my old manager was on there and he told me that there is nothing they can do. They get given a days notice for VR announcements.

If the fraudsters say they have no money, you can’t prove they do have money. You can’t make them not take their blood money and bonuses.

It’s a wicked and cruel slave system.

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Post ID: @1xac+1sdrNZGi

The reason this strategy has worked so well for them (and will continue to do so into the future) is that employees accept it. Until there is collective and coordinated job action, the execs will have no reason to change.

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Post ID: @1hyf+1sdrNZGi

You are misinformed if you think managers are getting bonuses. They are not, nor increases. The executives however are getting their bonuses and stocks.

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Post ID: @1qmi+1sdrNZGi

Any rise now will be an insult. The 0% strategy has worked for 10 years. Might as well carry on. Most staff want 0, it helps justify doing very little useful work. Carry on with your fluffy sheets, and trackers.

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Post ID: @1iac+1sdrNZGi

The Accenture VPs in this company are Aholes.

Mary Finch collects millions every year and the Marketing and HR is totally garbage. Know one knows who DXC are and if you log a ticket with HR india closes it off before the issue is resolved.

How can you pay someone millions for that and 2 emails a year, then tell folks there's not enough money for their raises.

I have a child on the way and can't afford to work here anymore with the increased expenses. The worst company you can work for.

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Post ID: @hkj+1sdrNZGi

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