Well our glorious leaders have a very strange way of mitigating that risk!
Lots of other gems in there too, my particular favourite is from our glorious leader himself
“DXC successfully executed on our strategic roadmap, including the integration of CSC and HPE Enterprise Services ..."
Er what integration, still two entirely separate entities, with two entirely separate cultures, processes etc. Only exacerbated by our incompetent HR rabble who have done nothing towards integrating the two.
What about Mikey's GF - is she not working too?
The net result is that the clueless and disenfranchised employees remaining at DXC will have more incentive to be less productive whilst looking for employment elsewhere.
yes. everything must be automated in mikey's small mind. dxc dont need anyone even the maintenance staffs. it's all about the white building and mikey. he should get all the bonuses and raises since he's the most hardworking person in the company. the only one that is.
The management thinking that they can get anyone to do a 3rd line support job. It just shows how clueless the management is.
making billable employees redundant and then wondering why the revenue has gone down. Then telling the employee that if the revenue goes down they'll be more redundances. Then making more billable employees redundant. No common sense.
making full time employees redundant and then getting contractors in doesn't sound like good business sense to me.
They actually produced an annual report? That would indicate there is some sort of business plan going forward, when plainly there isn’t one! Thousands of loyal, hard working staff have been pushed out the door, customers and clients have been promised services they never recieved. The share price is dropping like a stone and I don’t see it recovering anytime soon, but take no joy in that as it just puts more jobs at risk.
The leadership needs a massive shake by the shareholders to try and save what’s left, otherwise this company will be gone. Good luck to all left working there.
Training time billed to the customer, sounds like it is the customer that is investing in DXC employees.
Haven't you heard @TVlAthh-1hsh DXC don't renegotiate they align which means change it to the cheapest legal minimum, regardless of any staff concerns. They also take a divide and conquer approach to alignment, they align things piecemeal and in total isolation so the the group of staff next in the queue to be screwed don't know what's coming.
"Maybe, but remember that Lawrie's plan is to move large numbers of jobs to low cost countries, so it isn't as simple as retaining and retraining."
Totally agree the intent is to move to 80% in low cost countries (basically anyone without a sales quota), and there is also a plan to replace older employees who are paid higher salaries with graduates /new hires for the other 20%. The challenge is that the employees who leave remove IP from the company that can't be replaced - In depth knowledge of clients and relationships with stakeholders within a client are built up over years, replacing employees to reduce cost through use of low cost offshore or onshore loses those relationships and future business with those clients. The other thing is that the lessons employees learn through issues/system failures etc are invaluable, a newbie will likely have to learn through their own mistakes - which isn't what clients expect.
I'm not an employee but a shareholder, I use this site as well as linkedin relationships with employees to understand whether the companies I have invested in maintain a passionate workforce which is likely to grow the business. I believe DXC to be in a commodity business with many competitors (as per the DXC annual report), and as the disheartened employees are effectively not only the only reference for future customers but to maintain existing client contracts I will be selling my shareholding.
There are actually multiple cultures in place at DXC:
CSC
EDS
Compaq
HP
HPE
DXC
Still no word on renegotiating all of the employee agreements into a single one but ML's wrecking ball is firing anyone with EDS / Compaq / HP / HPE in their past and these people have vastly different employee agreements such as a Global Diversity Day (a licence to not work for 1 day each year) and nobody gives a hoot as to what employees do that day.
So ML is clueless when he refers to HPE Enterprise Services. What does the acronym mean? Apparently Hewlett Packard Enterprise Enterprise Services is what he referred to.
Maybe DXC wanted to steer clear of the antonym for "integration" being "disintegration" which ML is presiding over whilst watching his pension grow exponentially.
"Maybe if more employees were retained and if necessary retrained, then there would be less need to attract new employees and the risk could be mitigated?"
Maybe, but remember that Lawrie's plan is to move large numbers of jobs to low cost countries, so it isn't as simple as retaining and retraining.
At the launch, there were 170,000 DXC employees (from the original DXC press release). The 2018 annual report states that as of 31 March 2018 there were 150,000 employees - which would include employees from acquisitions (but not sure how many that would include). The current employee number on the DXC website is 137,000 employees - the change from 150 to 137 was as a result of the spin off of the public sector business on 1 June. So in the first year of the company net reduction in employees was about 12%. Maybe if more employees were retained and if necessary retrained, then there would be less need to attract new employees and the risk could be mitigated?
yes - funny... and they are firing most of the people in HPE ... and there will be more to come- strange to word this as "integration"