After reading through the Facebook page "CSC India Confessions", the level of indentured servitude those people are being put through is ridiculous. Employee bonds(A major sum for them too) that they have to pay back if they leave the job before a number of years are up, over work, no raises, Management favor based on Caste, and so on... CSC Exec's "CLEAR Values" most certainly do not include a hint of ethics. Just straight uninhibited greed. They can "Right Shore" my back side...
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Hilton's meeting for the most part was the usual " double speak ". Although there was a couple slides outlining specific " Headcount Optimization and Offshoring " to fully continue thru F17 (March 2017).
That part was hard to catch and Hilton glazed over that pretty quickly - of course.
It is interesting (or sad) how the CSC execs keep trying to put such a positive spin on the current and future. Reminds me of a saying along the lines of " trying to put lipstick on a pig ". LOL
Several current employees I have heard first hand from are all saying there's another BIG lay off coming in Sept thru October. Which makes sense as October is when the Q3 numbers are made public. So the execs have to " spin the books " to make the Q3 numbers look better than is reality.
So hang on......as Sept/Oct will definitely be a blood bath!!
Why would we need to hire, we just laid off so many? Hire where is the BIG question. Not in the US I bet
To me it was another all hands for him to talk about numbers just like always. Did mention in the next quarter he will be letting managers start hiring more people. Didn't say how many but kept stressing to hire only what's needed (not in those exact words). He also said the "profit is up" (Lets hope after all the RIFs).
Missed it. Anyone have a recap?
what did he cover/say?