Thread regarding DXC Technology layoffs

Will be interesting to see just how much that figure jumps upwards when they file sometime in the next couple of months - because median salary will have moved downwards a fair bit.

Mind you, "median" is a rubbish metric for Dodd Frank to have used in the first place. In case you don't understand, sort the employees by salary.... if we had 130,000 staff on the day of reporting, whatever the 65,000th employee earnt, that's the "median".

All you can say is that half the staff earnt less and half earnt more.

If ML thinks he is Peter Weyland think again, you are far of in AI if you are culling employee that built it

@ZMAH6kC-2tvj has it right. Not just his analysis but specially "...MikeL CEO of XXX..." That he sure is.

Sorry, but no. Belgium has very strong employee rights but lots of staff were culled, Germany similarly, the UK kind of but to a lesser extent. Your job will just be moved to a country without those rights.

If your company is screwing you over, leave and take your skills and abilities to a company that values you. It's happening in DXC it why they're a laughing stock that won't exist in 3 years.

It is sad, but complaining here tough is pointless...

Having experience in multiple parts of the world, in my experience (compared to Europe), the US workers have no solidarity at all (look the other way during a layoff), are very afraid of the boss, and only care about themselves individually. The opposite of "United we stand".

Lets say you are MikeL CEO of XXX. Let s say XXX employees work for cheaper and cheaper, getting a zero pay raise year after year, and have less and less benefits and perks, but DO NOT FIGHT YOU about it.

Then, as a good capitalist what do you do? I would say change nothing, enjoy the ride, and cash the annual 32M$ handed to you and the share holders... That s what good capitalists do.

The guy is probably a heartless selfish P.O.S., BUT the main responsible of all this mess is "WE THE PEOPLE" that did nothing at all (selfishness, laziness, or stupidity?) while the elites paid by the corporations dismantled the social framework in front of our eyes. In other words WE asked for it.

(While we were too busy drinking beers in front of the television instead of talking politics, voting, or being engaged).

Now the result is not surprising:

• Employment regulations - little employees protection.

• Days off - bare minimum. hard workers dont need days.

• Pensions - gone. You can now save for it on the paycheck (that did not grow though).

• Good medical care - nah. Health is a luxury not a right. Too expansive anyway.

• employment "at will" and no severance package? fair because it goes both ways.

and so on ...

All those bills passed by corporate lobbies with the INDIFFERENCE of "We the people" (or even sometimes their clueless blessing)... Now YOU REAP WHAT YOU SOW. Enjoy the ride. It did not come out of nowhere, you have let it grow for decades.

Destroying the unions was not the smartest move in order to bargain with the boss...

Once it turned into a one on one between the boss and the employee, please tell me who do you think will win the fight (the wolf or the sheep)?

So my advice to the US workers (and even citizens) is that democracy is not for granted and voting (or not) HAS CONSEQUENCES.

IN DEMOCRACY, PEOPLE HAVE THE LEADERS THEY DESERVE.

If you want an hope to have it fixed some day (might be too late for your generation though),

you need to be involved (or even sometimes start by learn about politics, democracy, federating, unions...).

And to cap it all Mikey will be getting another 'pay rise' when he finally sells off DXC.

Sick