heard around 1500 will be let go in Jan from Chennai center and 3500 from Bangalore center, there is a small list for Noida also.
.. rumour of the list prepared and submitted.
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for bangalore and chennai center in india
in december, layoffs happened but for jan it is on hold due to many resignations
in feb there will be only few layoffs (only where needed)
in march there will be the bulk of layoff to meet the yearly target layoff number which they need to publish in shareholders report
so take care
January to March 2018 - Target is India (mostly Bangalore & Chennai)
List prepared, submitted and finalized. HR is processing the WFR letters for distribution and will be busy on weekend 6-Jan-17
1500 layoffs in Bangalore and Chennai in December and January
That's true...layoffs focus is now in India
IBM have a target of 80% low cost delivery... which is more I think than DXC have planned...
Mikey LOVES to ape IBM. He's ex IBM and only brings stuff he learnt there and stuff he reads IBM say they are doing now as guidelines. He's not a genius, its all "me too" with him.
Its a bit of a sh-- strategy really. IBM aren't successful any more. You'd be better off trying to copy a successful IT company.... but I don't think there are any of those of any kind. Failure is universal at the moment as the market contracts by at least 10% year on year since 2008.
Big accounts are leaving, DXC going after smaller deals for better margins, get them closed faster. Indian outsourcing players have 20-25% better margins. DXC offshore/onshore ratio is not industry standard, so more cuts expected in regions. Company does not care about employees or customers. Lot of marketing BS in the name of digital road map, digital workforce, next-gen skills, etc. But the company is top 3 IT services player, so expect it to be around for long time.
Too many managers, not many techies left ...
Yes, business is shrinking, many projects are being lost without a word being said about it.
Hoping to see some wage rate increase : Just as US as reduced corporate taxes...
Japan's ruling bloc approves big corporate tax cut to encourage wage hikes
Japan's ruling bloc approved a plan on Thursday to slash the corporate tax rate to around 20 percent from 30 percent - but only for companies that raise wages
Hoping to see DXC pass on some tax benefit to employees. Some 10% across the board this time!
Seems a bit weird to me.
ES had proportionally far less Indian employees than CSC did.
If anything was wrong it was that the ES/DXC side of the house wasn't offshored enough.
Makes more sense to get rid of US and European employees than Indian ones. (I say that as a European employee too!)
I suppose the only reason can be that the whole business is shrinking rapidly, not because of cost cutting but just because clients are leaving....
Despite low-cost center in India, it has too many headcounts and needs to be chop by this month. Top management will leave first.
dxc can always beg full time.
dream on. there will be no work left if the clients keep jumping ship. MAGA = back to the coal mines.
hey .. jobs coming back to the USA ?