DXC is laying off their skilled workers at their customers expense, untill they can hire enough onshore unskilled or desperate for pay workers that will work for offshore wages. This is just another case of corporate greed, that is not coming from enough intelligence to know a technology services company can't survive without those high skilled workers they are laying off in droves.
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CA salaries are terribly high. A lot of show put on by the employees with almost NO output whatsoever. Someone needs to look closer at CA at least if some savings are to be made.
DXC stock price is floundering in the 90's because cost cutting and new sources of revenue are coming in. Mikey needs to review his folks in MI, TX, CA. for high salaries. Personnel are protected from insiders. Axe them now and screw up there holidays like you did to us folks. Layoff.com deletes messages like this watch and see.
F**K it Outsourcing, Cloud , digital transformation its all the same think. Computers to replace people.
Great save money , hire less people in your country. But then who is working, who is buying goods and services.
It takes both sides customer's of ours , customers of our clients to purchase and Vendor's to sale. You can't have one without the other.
If the masses are making money, they are spending it. If they aren't EVERYONE losses!
Time to optimise Mikey to India and pay his benefits in rupees.
DXC is also partnering with WIPRO India to source cheap labor. Top Indian VPs are in unofficial meetings with WIPRO for creating freelancer accounts on the WIPRO platform.
DXC henceforth will work as a marketing partner to get business, serviced by a cheap Indian company (wipro) devoid of any rules regulations and standards.
Wipro opened a center in Mysuru (Mysore) and pays a monthly salary of Rs.15K (equivalent $230). Most labor intensive work including backoffice will be serviced out of that location.
OPTIMISED , wfr, redundant is pure bull sh--. If people were really redundant then there would be others with the same skill set taking over for them
What Mike is doing is foreign good people and not replacing them to make the books look better.
As a once proud out sourcing company and so called Cloud company we are now using Microsoft and Amazon to host our clients. Why would anyone in there right mind cone to DXC for help, go directly to Microsoft or Amazon and cut out the middle man mark up.
The management of our compa y has sh-- for brains. And all of us that actually do work know it's resource management planning ( or lack of it) that killing us.
Every team is pulled to a project that at the moment is hot or making the most noise. We're all assigned to work on too many things at once and end up doing a 1/2 a-- job at all of them.
What ever happened to resource allocation and company priorities that known from the top down.
I've had it, but need the health insurance and the salary to feed my family and even though I a am looking for jobs. They are not easy to come by.
TRUMP keep America first is bull , he hasn't lifted a finger to help keep jobs at home. Look at our company going to India , Europe and Puerto Rico For cheap and unless workers.
If I hear one more time I have dinner now or need to catch a cab I'll scream. Eat at your desk like most of us do and work late till the job is done
American companies want highly skilled, experienced tech workers, but want to pay them 3rd world wages. That's the classic definition of having cake and eating it.
there is still a lot of pain left, presently the comparison is internal to dxc
onshore vs offshore, wait till there are cheaper options with dummies on the job bringing down the rates still further
e.g. Infy and TCS with employees hired from rural areas being paid an equivalent of $6000 p.a. as CTC
dummy note: those employees dont even use sanitary napkins, they use leaves and cotton balls that freely fall from the cotton tree.
DXC's targets are to reduce offices from 50 to 26 by Mar 2020; reduce staff by 5.9%, or 10,000 staff of its 170,000 employees by the end of the year and have at least 53% of it workforce with digital skills over next 3 yrs, which means getting rid of non-digital people and buying in low-cost grads, automating half the tickets and bringing in hire-to-fire staff.
Obviously clients are helping with this 'transformation' by not renewing contracts.
Not disastrous for all. I may have been fortunate but I got a contract 5 days after being made redundant and now earn over twice as much as I was with HPE.
My advice to anyone facing redundancy is to switch off the moment you get invited to meeting 2 and start focusing purely on your next job. I did and was effectively paid to job search for two weeks before my 3rd meeting where my redundancy was confirmed.
By that time I had interviews lined up so I was more worried that they were not going to let me go.
A year's salary banked and in my pension and in work elsewhere in a far nicer atmosphere. I'm by no means the exception.
Embrace it. DXC is Donald Ducked.
Actually, I find all of the euphemisms around kicking people out of employment terrible.
Every one is a person who will face hardship as a result, some more than others of course, but its personal misery every time.
Even for those who cheer and whoop about leaving this hellhole, at the time of the crunch even they feel uncertainty and trepidation.
Why then can't these btth0les stop with the euphemism and say "we've just made another 1000 families wonder where their dinner is coming from next week"
"WFR" is an legacy HPE term; it was replaced within HPE with "WFM" (Work Force Management", precisely because Work Force Management sounds more positive.
They will always try to make bad news sound positive - I have seen many emails announcing redundancies that literally do not contain a single negative word.
Digital transformation journey .... to venus? Hahahaha
I listened to the earnings call yesterday and admired how Mike answered the question “where are we withe the WFRs”. He never once said “wfr”, nor did he even use word “reduction”. Apparently employees are either “redeployed or optimised”. OPTIMISED. What a lovely positively sounding word. Maybe this site could be renamed to “The Optimisation”.
they are on digital transformation to venus.