https://www.livemint.com/Industry/tzQEecLa2Kvj7chjMqHpxO/No-layoffs-but-top-outsourcers-see-staff-strength-shrink-fo.html
the question is - how many got fired the following months.
The total number of employees (left) globally seems to be a big secret in DXC
Its a quote from an article in an INDIAN business news website.
In India things haven't down turned until recently.
Obviously everyone else started around 2001ish to move jobs to India.
"...IT outsourcing company..."
They are writing about IT outsourcing companies.... Though the do some outsourcing HP and EDS are not consider pure IT outsources for the premise of the article.
"Until 2017, not a single large IT outsourcing company has ever seen its headcount decline, and starting 1996, year after year, for more than two decades, all companies managed to keep adding to their workforce until the industry hit a perfect storm last year."
That is not a true statement. EDS managed to start laying off people in 1992, then followed with several massive layoffs until merging with HP. Also recall the dot com bust of 2000.
Not rocket science. Just check the most recent SEC filing:
http://www.dxc.technology/investor_relations/ds/34081-sec_filings
For the fiscal year ended March 31, 2018
"As of March 31, 2018, we employed approximately 150,000 employees and had offices and operations in 70 countries"
"During fiscal 2018, we took actions to optimize our workforce, extract greater supply chain efficiencies and rationalize our real estate footprint. We reduced our labor base by approximately 13% through a combination of automation, best shoring and pyramid correction. We also rebalanced our skill mix, including the addition of more than 18,000 new employees and the ongoing retraining of the existing workforce. In real estate, we restructured over four million square feet of space during fiscal 2018"
That is a good article:
"Until 2017, not a single large IT outsourcing company has ever seen its headcount decline, and starting 1996, year after year, for more than two decades, all companies managed to keep adding to their workforce until the industry hit a perfect storm last year. These companies’ traditional approach of deploying armies of engineers to manage computers or offering customer support to clients and client-run businesses was getting commoditised and increasingly disrupted by the embrace of smart automation tools.
Let me re-write that DXC BS for you:
"With hopefully far less than 137,000 employees worldwide, the company’s decreasing experience and capability fails to give it a clear and confident vision but none the less hopes to fleece clients before they notice and run off."
PS yes in days gone by in CSC we used to use the tag line on external corporate comms to estimate how many of our colleagues had been fed into the meat grinder - because they NEVER speak of it to us internally beyond impact to the people immediately around you.
Dude - its on their website....
"The company was formed on April 1, 2017, by the merger of CSC and the Enterprise Services business of Hewlett Packard Enterprise. DXC Technology has successfully guided the world’s largest enterprises and government agencies through successful change cycles. With some 137,000 employees worldwide, the company’s deep experience gives it a clear and confident vision to help clients navigate the future."
Now, if you don't believe the number that's different.