Thread regarding DXC Technology layoffs

They could make more by letting me and a bunch of colleagues go on a VR. I've done pretty much NOTHING at all this week, this month, in fact all year. Why are they keeping staff who do nothing, yet grumbling they haven't got the money for pay rises. Tidy up and get rid of us. We want to go! There will be no complaints, and you can then grow the business again.

It's smoke and mirrors. If you check, you will see that annual revenue increase is virtually the same as the usual amount of COL increase in the contracts. This way they have assured the gains doing nothing and that looks good for the stakeholders as it seems like the company is growing

@h6 Where does it all go!? Other than exec salaries, maybe those are excluded from your salary calculation? Anyway I don't expect another pay rise in my DXC career. On that basis, they can expect about the same in effort!

@ge the payroll I estimate is about $4.5 billion out of a total spend of $11 billion (that figure is from their published data, the payroll isn't public but the number is based on a calculation I did using some data and some guesswork)

So whilst pay is a large number, it's still under 50% of what dxc pays out for.

DXC sells human resources. Not physical goods. Whilst there is some extra tax and fuel costs. Most of the outgoing is still salary. They cannot continue to justify rises to clients without it being seen to be passed on.

They tell us - you can't have more just because you want it. The clients need to start saying the same.

Not to mention they are pi-ping out graduates at a higher rate and no doubt taking government incentives...

They do take money from customer for employee pay increases every year. Mike Salvi said they charged COLA cost of living allowance.

Unfortunately the money is diverted into Execs bank account year after year.

The Ethics training does not apply to the Execs. What a joke of a company.

It is for the top rats

Why stay? If money is your goal, one needs to resign and find another post that will pay. Staying here will not help you.

No raise yesterday
No raise today
No raise tomorrow

This company shot itself in the foot when it disconnected effort and achievement from reward. It started a spiral of don't care, doesn't make any difference!!

It turns out you can do pretty much nothing and still get the same salary. If you want a rise, setup a side hustle, or use the time to actively manage your investments and make your extra money there!

Please fill out the time sheets regularly.

There are costs besides payroll.

Premises, insurance, electricity, heating... You name it.

And then of course the continuing exec pay hikes.

So yes, extra money to cover everything except pleb pay.

"Where is the recognition for the employees who have continued to deliver?"
You're lucky you don't get a pay cut