Thread regarding DXC Technology layoffs

PcW have a frequent churn of grads, as they are cheap resource that can be put on a job for 2 weeks at low cost and the client charged at ‘big 4’ rates. Even if the recovery Is as low as 35% they have high volume work, so can make it back on a 1000 other jobs that year, plus there is always lots of high value work coming in.

The directors and partners tend to be old school, clique and target-driven with little man management skill and will exploit the grads every which way but loose. But grads have no previous baggage, no knowledge of what makes a good firm or bad, no concept of what ‘skilled’ means in fact ‘skilled’ means you’ve been there too long and should have moved on by now. Grads will soak knowledge like a sponge, won’t cost s lot, do as they are told and then leave after 18 months with the big 4 on their CV. From a grads perspective it is a great way to learn a lot quickly.

PcW dont really need layoffs, although it did suffer a downturn in the US last year, but recovered. Their staff churn is rapid (normal practice for these type of firms), so they just hold off hiring at low peaks of demand (usually the summer), But their global market is expanding with AI and analytics labs growing and lots of frightened financial companies and governments running to them seeking cyber advice or IT advice to help strengthen their ERP systems.

You will get pay rises, profit share, expenses and flexible working from home and all expenses paid, but long hours and hitting your target is the order of the day there. But it’s not as toxic as DXC.