https://www.forbes.com/newsletters/sss/2024/05/17/close-out-dxc-technology-company-dxc-may-17-2024/?sh=2e0bcf575a32

So the stock price tumbled some 20% following the Q4 figures, No surprise really. What does surprise me it's taken Wall Street this long to work out the guys running this company are incompetent. Out of interest, I asked ChatGPT what it thought of... — read more 

Is it just me or is it kinda weird that you'd schedule an all hands at times when both AMER and EMEA are asleep?

This is so rinse and repeat its unbelievable, "DXC has been in a transition for multiple years and despite the best efforts of multiple leaders, one has to ask the question as to if this business can be fixed," analysts at RBC Capital Markets wrote... — read more 

2 ex colleagues told me a new account is coming into UK? Who's daft enough to buy into this guff

Top managers get paid well for sc--wing us employees, then get fired when it becomes obvious, rinse and repeat! Bryan Keane -- Deutsche Bank -- Analyst Hi, guys. Thanks for taking the question. Raul, maybe you could just help us understand how... — read more 

“DXC Technology forecasts first-quarter revenue below estimates” Nuff said.

Operative words - Excess capacity!! Wtaf!! Our plan is to deploy our capital to accomplish two things. First, given our recent revenue performance, we will execute a restructuring program to address excess capacity, largely concentrated in GIS, and... — read more 

Share price collapsed 60% in Rauls 6 months whilst the stock market is at a high. The market has no confidence, this is a disaster. He has recruited IBM cast offs and still kept the Accenture casts off who have shown they can't achieve over several... — read more 

Been g announcement on the earnings call, restructuring removal of overheads announced.

SP 19% down after hours.

Cameron Faart is on a all paid DXC holiday in London, UK. He took first class travel after being in DXC for only 2 weeks. This is where your pay is being spent on bent VPs who deliver no growth.

There will be a 30 min. Town Hall today 10:30 Eastern Time.

It has just been announced in the UK that BAe is set to separate itself from Services provided by Dxc. First to go is the service desk to cap Gemini. Bae has extended its contract with bae for 1 year while it transitions services to other providers... — read more 

Most of UK people from my group received notice in last days/weeks. Same is happening with some India folks too. I am hearing gossips about WFR coming to other expensive locations to layoff people. Does anyone know more if other European countries... — read more 

With the call due this Thursday can you help with Bingo. Note the top have taken all the money already, some brilliant words Mike used to use to string along the analysts. Contract run offs even after 6 years Unprofitable legacy contracts after 6... — read more 

Unless you are too old to find a good position as I was, you are either too lazy to leave or just not that worthy to even be with this clown company. In my experience the ones who whined the most really couldn't make it anywhere else. And remain in... — read more 

No one and I mean no one at dxc should get an inflation pay increase. If you met or exceeded your goals you should get a 5% or better pay increase If you want an inflation pay increase then change companies if you can

Can you believe the incompetence. Mike Salvino refused 2 bids at more than double the current price saying they were undervaluing the company, then went on to spend billions buying back the company at high cost. After buying backs 50%+ of the... — read more 

John Buttigieg has an important business update to deliver today. I wonder what it could be?

He travels loads, is full of his own self importance, adds zero value to anything he sets up and if you see two people talking and one looks bored, he's the other one. His arrogance and entitlement knows no bounds and he should retire.

Given that manager reviews are supposed to be done by end of this month, and I suspect some managers will have booked the reviews in. Does this mean final grades are released? And does anyone have any news on $ rise

https://www.reuters.com/markets/deals/atos-says-it-received-four-restructuring-offers-2024-05-06/

Interesting to see who the supplier is.

Anyone else notice the exchange of execs between DXC and IBM? From DXC to IBM April 2024: Mark Hughes, from DXC President Security to IBM Global Managing Partner Cybersecurity Services From IBM to DXC: May 2024: Cameron Art, from IBM General... — read more 

With Raul setting up a new layer of friends and Mike's friends still on board there's a very heavy load at the top, and plenty of duplication. Far from agile, and closer to more blockers and admin. How long can they keep these clubs going, all on... — read more 

We should be given a raise to reflect the affect inflation has had on our pay which has been decimated, any merit raises should be on top. Client rates are increased every year by xx%. Let's see just how much the workers are valued by the "New... — read more 

If you don’t get a pay rise by the end of this week you won’t see anything till June pay. If you do get a raise this week and it’s entered into workday by end of next week you will see a change in May pay… And if they drag this out till 2nd week... — read more 

Got an invite to say I need to plan my year end discussion with my line manager and to think about FY25 goals. How can you plan a discussion when the grades have not been released? Or have they been released?

Transformation = sell DXC! Salvino failed to sell DXC. The new VP's history at his last 3 companies was to SELL them!

Having done this process MANY times before I left, lets reveal the big "secret" on how this process is done: Direct manager - rates employees with "guidance" on how many of each ratings you should have by job level Senior manager - Reviews all... — read more 

When I left last year we were still under directive to bill everything from training to other UK account expenses to the BAE cost code. Apparently BAE were being billed for every UK staff member but this was not actually the situation in the ground... — read more 

Cleanup is happening and so called VP's and directors are going on sabbatical or outright shown the door. Seems like Raul is getting wind of the inefaficies.

The last quarter of the FY is manipulated low on expenses to make it look good. The VPs take thier millions. The other managers get their bonuses. On town halls they dangle the carrot, The employees get told "there may raises depending on... — read more 

Has anyone had their year end discussions ? All very quite . When you ask management they say there's a 'recalibration' going on , sounds very sinister. They have no idea what it means just that it has to happen first . It's obviously some DXC... — read more 

To see how they have received their new Security Chief and former DXC "President" of Security.

I guess because this is an English language site we don't often hear about other stuff but... Our Spanish colleagues say inflation has eroded pay and DXC provide nothing.... so... — read more