DXC have announced that they are going to lay of 1,000s of staff, mostly in non-customer facing roles. You have to wonder who is going to do the work for the customers if only the cheesy, smiley, acquiescing face is left to say yes.

Up to 500 being made redundant in non client-facing roles. COVID 19 furloughs also. I’m guessing the latest results are going to be in the toilet.

At the end of the 'Ho' call today - Lefever (aptly named), stated due to C-19 raises that were promised were going to be delayed and ... ONLY TO L 1-4!!!! Those self serving b@st@rds! I get the tough times, and if they said all would be canceled or... — read more 

DXC issuance of senior unsecured notes does not affect Moodys negative outllook. https://finance.yahoo.com/m/5320f558-2039-3792-b45c-1f4ffdfca5b0/dxc-technology-company-.html

Still waiting for new Mike to live up to his promises when he started. No pay rise for 7 years yet doing the work three others used to do and in a position 3 levels above my pay grade. Exceeds Expectations or higher every year. Will be interesting... — read more 

Interesting the DXC would hire a evp that clearly was pushed out of ctsh

https://www.bizjournals.com/washington/news/2020/04/02/two-of-the-regions-largest-companies-have-borrowed.html

I wonder if these layoffs will just be limited to delivery teams or some other functions are getting the boot too?

AT&T Inc. T has decided to pay a 20% bonus above the regular hourly base rate to all of its union employees, as its networks are seeing increased demand amid the ongoing coronavirus (COVID-19) pandemic. The company’s share price rose 1.1% in... — read more 

What price does this become irreversible, where creditors believe dxc cant survive etc?

How much lower can it go? Maybe it will be delisted and become a penny stock? The only bad thing about this is that Lawrie probably cashed out before this and still has his millions. Good luck Salvino.

ME!

It appears that some number of Legacy ES employees weren't paid today, despite pay advices being generated.

DXC Technology – Shares of DXC climbed 3% after the IT services company said it will sell its Medicaid services unit to private equity firm Veritas Capital for $5 billion in cash. DXC was one of the four companies in the S&P 500 that were in the... — read more 

Offered 8% retention bonus to stay during strategic alternatives. Half paid ASAP, other half paid after closing of sale. Nice but cheap.

DXC Technology Co., a provider of information-technology systems, is selling its business focused on state and local health services to private equity firm Veritas Capital for $5 billion in cash. Shares of Tysons, Virginia-based DXC surged 20% in... — read more 

With DXC’s stock price crash, the company’s market capitalisation is just $4.1bn but it’s liabilities are more than $9.1bn. DXC owes more than twice as much as the whole company is worth! That is not a good place to be!

This should make for some interesting news. Wonder how the market will take it - especially in the midst of the larger issues in the market... https://www.businesswire.com/news/home/20200310005938/en/DXC-Technology-Sell-U.S.-State-Local-Health — read more 

What happening now : https://www.crn.com/news/channel-programs/dxc-cdw-caught-in-tech-stock-selloff Global systems integrator and solution provider DXC Technology saw the tech industry's largest stock price decline, by percentage, on Monday... — read more 

Despite market jitters at the moment (Corvid-19), I never thought I'd see DXC below $20. The stock price continues to fall relative to the rest of the business services sector - https://www.marketwatch.com/investing/stock/dxc Well Mr CEO; what... — read more 

What are the big changes that are happening?

mike lawrie has crashed this company definitely. according books, their debt to cash ratio looks very bad.

Despite market jitters at the moment (Corvid-19), I never thought I'd see DXC below $20. The stock price continues to fall relative to the rest of the business services sector - see https://www.marketwatch.com/investing/stock/dxc Well Mr CEO, what... — read more 

Our share price is in the toilet and our CEO announces more mgmt changes. Some guy is going to take over the Blue part of DXC...like that is going to save this s**t show

Despite market jitters at the moment (Corvid-19), I never thought I'd see DXC below $20. The stock price continues to fall relative to the rest of the business services sector - see https://www.marketwatch.com/investing/stock/dxc Well Mr Salvino... — read more 

DXC are reinventing the the 80:20 rule! Twenty months to drive the share price down 80% - do they recon that with public sector clients, they are too big to fail. #Johnson was clear over FlyBe! There appears to be no advantage to being a... — read more 

Wake up and logon. Ignore the corporate spam. Look at all the issues on projects - People have been made redundant, who does this job, so and so has left dxc etc etc. Still chasing timecodes even after 1 year! Asked to do work i have no... — read more 

Tells you something, right?

Have the pensions been relocated from one company to another , plus it would seem my pot has decreased by 10% in the last week or so also, does that sound correct .

https://i.redd.it/yp8v5hro3pj41.png

Seems like the cleanup is still going on and the head honcho of americas sales is gone.

Can anyone even articulate what DXC even does anymore to generate revenue? Most employees I speak to our cost center employees who provide administrative services or our employees “developing” new products to attempt to sell to clients. I speak to... — read more 

Anyone has a phone number for HR there at DXC? I left and do not have it any more.

A bunch of emails today about the broad getting 5,900 shares of DXC stock for ZERO dollars, but the DXC rank and file employee needs to wait till May-June to find out if we get a raise. Thats BULL. Review time with our managers is before April 2 ... — read more 

Hmm... Notwithstanding fears over Coronavirus affecting global markets, DXC stock has nose dived over the last four days. As I write it's below $26. Does this mean management will consider more layoffs, in an attempt to bolster margins for... — read more 

So sick of no pay rise for years, yet DXC leaders skim their "performance bonuses" for achieving nothing. Meanwhile the victims are hardworking CSC and DXC employees busting their guts with a glimmer of hope in staying employed. At the same time... — read more 

I have noticed that there has been a real slow down in people posting on here. Are people just tired of commenting on DXC or are people getting more content with the new company and the CEO? WFRs seem to have stopped for good so surely that's a... — read more