So they can use it to buy back stock or buy another company.. like lux soft. That cr-p company was for sale for years and nobody would buy it. No good aquisitions under m1 and none under m2
My focus on only 175 Platinum clients? accounts
Because dxc can't compete at the other 6,000 clients or 50% of the s&p 500! Why? Here is an example! HCL of underpaying thousands of immigrant workers HCL Technologies, which has a big presence in the Triangle, is accused in a new report of... — read more
Why do you keep crying about a raise hike
DXC lost 200 million last quarter and about the same the previous quarter DXC costs are higher than their revenue by about 10% that means they've got to let go 10% of something Your skills are dated that's why they are hiring contractors and... — read more
Only $188 million dollars loss
Great job m2 ken1
Engineer - +100% Salary increase + Variable Pay + Bonuses after leaving
I understand we all have the hope of growing with the company we join an get rewarded, if that is not happening let just be Rocky and not his son. Play the system in your favor. Keep moving forward, and get what your are worth :... — read more
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Who is better m1 or m2 Comment below
Shrink or Nothing as a whole.
There's no longer leaders who be respected from employees in APAC with Japan. So they have no strategy for business and the future world, I think. What will they do?
Why does everything here have to be mess?
There are still a lot of really smart and quality employees here, but there are not enough good leaders. Management is terrible. Problems just pile up, and nothing is getting solved. There is a growing mess at DXC every day. It's sad, because the... — read more
New time system
Anyone heard from Chris Drumgoole as to when his putting the new DXC time system? We got a raft of people created a system called "Traxi" and we have to duplicate so much input into numerous systems. Must be costing an arm and a leg all these... — read more
Debt
DXC Technology had debt of US$4.38b at the end of September 2021, a reduction from US$8.65b over a year. However, it also had US$2.70b in cash, and so its net debt is US$1.68b.
DXC profit margin negative 5%
Tcs profit margin 20% Accenture margin 10% DXC profit margin negative 5%
How often does DXC do PIPs?
What I mean is, do they do it on an individual basis or is there a time (after a review or something like that) when they hand them out in bulk? Now that I know that PIPs are used to thin out employees without paying severance and not strictly for... — read more
DXC market cap is $7 billion
Accenture market cap is $250 billion and 35 times bigger than DXC The market cap of TCS is 172 billion and is 25 times bigger than DXC DXC market cap is $7 billion
DXC average revenue per employee is $150,000
Accenture revenue per employee $100,000 TCS average revenue per employee is $30,000 DXC average revenue per employee is $150,000
Lies, damned lies and statistics
To quote Salvino "We need to focus more on our people and strengthening our employee value proposition". Echoing Douglas Adams; "What a load of Dingo's kidneys!". M2 never focused on his employees, but rather considered how best to exploit them. As... — read more
"We need to focus more on our people"
Salvino added: "We need to focus more on our people and strengthening our employee value proposition. Our people need to be clear about their career path at DXC, the opportunities to work with new clients, and also the opportunities for rescaling and... — read more
Is attrition becoming a problem?
Almost all my colleagues have already left. Those who seemed to be quite comfortable here and planned to stay for a long time are also leaving. This is a problem for me because I have more and more work, there is a lot of disorganization. However... — read more
Free shares
Wonder what Mike has done about the shares for staff. He has talked on 2 occasions about them, and on the last occasion he apologised for not progressing and said he was going to take personal responsibility for looking into the issue. Luckily he... — read more
Secret raises
It is strange to me that a colleague who has always been the biggest advocate that everyone should look for something better and get out of here, suddenly has a completely different attitude. I don’t know of such a case here, but I wonder what... — read more
Takeover and consolidation
After over 2 years of contraction and no turnaround I wonder when Mikey will be replaced. On the plus side he has done a good pr job making it look like he is steadying the ship, and staff are engaged, but no actual progress on the ground. His... — read more
I miss it... I do
Left a while back and miss it. I really do. Now i have to work for a living. Previously, i would scrape by on the minimum of hours.. There was plenty to talk about and laugh at. My new company is siezing the market with a solid strategy. Management... — read more
Negative effects of a lack of training
Sometimes a young person who really has talent and a lot of energy and will to work, comes wondering in here. However, the first impression they get when they come to DXC is a disaster. It's a sink or swim situation here. I see new hires totally... — read more
COmplete incompetence at the top
There is one particular DXC client whom is so fed up with DXC's service quality, that the client had broken up the new contract and divided the business among several other technology consultancy companies out there. The business loss for DXC from... — read more
The bare minimum?
I'm too tired. Total burnout. I would very much like to work less, but the work must be done, and in order to get it done, it is not possible to only work the bare minimum. How do others manage to get away with doing the bare minimum, will... — read more
Growing chaos
I was thinking of staying in this company for a while longer because I am close to retirement, but lately I have been wondering if it is worth it or if it is better to leave in that case as well. People are leaving and the leadership does not care... — read more
Clients are angry
Someone mentioned this, that customers are angry because it is impossible to deliver when there are no people, and I think customers will get even angrier. I will not be here to see this, as I intend to give notice, but I wonder if perhaps... — read more
Global ITO Capabilities Lean - Center of Excellence
You want to cut down on tickets, well I have a easy solution. FIX the root cause of the problem so it doesn't happen again. Were so big on closing tickets that most don't actually fix the root cause and of course it happens again and again.
It's about pay
As usual Mike's not listening. The highest voted questions were all relating to renumeration/pay yet he kept trying to say that's not the reason people are leaving. He knows it's the reason because he pays more to get external recruits. So his... — read more
Just leave already.
It aint gonna get better. It's a turkey unless you are at the top or have found that niche where you do what you want cos you are too expensive to wfr. Anything else and you are a fool.
Lets hire more Chiefs of... VPs of ... anything!
Yes, we need more 'leadership'. We don't need more working hands, budget to execute projects, or resources to support our teams. What we need is more layers of management to be presented in our town halls followed by nonsense corporate language... — read more
Attrition out of control
The previous quarter Mike said 24% attrition wasn't a problem. (Not sure which planet he was on at the time). He even bragged he was paying more for external recruits than existing employees. This time on the earnings call his become a bit more... — read more
Attrition out of control
The previous quarter Mike said 24% attrition wasn't a problem. (Not sure which planet he was on at the time). He even bragged he was paying more for external recruits than existing employees. This time on the earnings call his become a bit more... — read more
DXC Benefits
Keeping the same plan I had last year, the total annual cost (employee & employer) for the plan is actually going down $91 in 2022. I would have expected both DXC and myself to share in this reduction. However, I find my contribution cost is... — read more
USA DXC benefits enrollment for the 2021 plan year
WTF my plan costs $200+ a play check and my wife who works for a GOOD company pays only $16.00 Yes Sixteen dollars a paycheck. We both get paid bi-monthly ! Yea DXC cares about its employees, what a bunch of hogwash
DXC buying out ATOS
With Atos share price languishing what the chances of Selfino putting in a bid. For under $5billion he can get nearly $12 billion of revenue. Would take it back to $26 billion plus company, but like Mike low re used to do, buy a few more years of... — read more
If its so bad why are so many metrics going up
So a quarter where BtB was sub 1. Not the end of the world. While most metrics still negative they are less negative than they were. Sure the share price is propped up by the buy back but so what - most of us dont have equity. Maybe the tide is... — read more
Every person for themselves
I have to admit the atmosphere here is starting to weigh on me. People are acting like everybody is out to get them. Not just the management, which I can understand, but their coworkers as well. I don't remember the last time I had a friendly chat... — read more
During the second quarter, the Company repurchased 2.1 million shares of common
During the second quarter, the Company repurchased 2.1 million shares of common stock for a total of $83 million. Year-to-date, the company repurchased 3.9 million shares for a total of $150 million. Why? They could have used the 83 million for pay... — read more
Analyst questions
So tell us Mike about pay, have the staff been compensated in the pay review. Yes we gave them bumper rises of 1 - 3% That's less than inflation, your joking aren't you. They must have been fuming? Erm erm we gave them a raise to keep... — read more
Don't expect anything from DXC
There will be ABSOLUTELY NOTHING for the working bees. NEVER EVER. The leadership of this organization considers its employees as EXPENDABLE RESOURCES. They are well aware of the increased food prices, extra heating & electricity costs caused by... — read more