What's up CEO and / NEO's are taking there stock options , even with the stock being so low. There must be some truth in the rumor on the company being sold off soon
https://csc.gcs-web.com/sec-filings
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My DXC stock is down almost 40% in the past year. (They give it to use for free as a benefit) They are randomly laying off even if you have work. I am hoping they get bought, it's usually good for the stock. Me... I gotta get out of this place!!!!!
Company awards stock options to execs for doing and achieving nothing?
How would the execs feel if normal hardworking DXC employees were awarded pay rises using the same criteria? Clearly there is a disconnect somewhere.
The smelly bit is these awards are based on company performance! If the only way to book profit is cost reduction - stock award targets can easily be made through a well timed WFR!
I am not implying corruption here, but a legal process could question a joint CEO/President, could the silly old fart got his timing wrong and implicated himself by accident?