Thread regarding DXC Technology layoffs

Moving to higher ground

Look, it's a shrinking margin business, in which two companies with shrinking revenues combined to compete with the Indian giants for what's left of the business. Both CSC and HPES were in the IT Outsourcing world, and made a lot of money from 1995 to about 2005. The Cloud, Indian competitors US and EU companies created chasing better margins, Bot and Mobile technologies are turning IT Data Centers into lights-out facilities that need only a handful of people to run. The quickest way to profit growth is shedding people just ahead of them becoming redundant. I may be on the list too, but am scrambling to move my nascent, long ignored NextGen services business and team into the sweet spot of the new company. Basically moving to higher ground with hope that the waters will recede before reaching us. I am in my late 50's so only need to do this dance a few years more. If you are in your 30's or 40's, pick up the Coursera, EdX, or other courses and get the certificates around Industrial Machine Learning, AI, and Data Science. Those jobs are still paying crazy wages with need exceeding supply, and what you needed for your Comp Sci degree gave you the skills for these newer disciplines. If you are in your 20's, look at part time tech school courses with hands on around Additive Manufacturing and Robotics. If you are thinking about going back to school, look at Materials Science & Engineering (MatSE), where the schools are way behind the curve in meeting needs of Metallurgy, Ceramics, Nano Technology, & Polymers companies. A Bachelors degree starts at nearly $80,000 and rises pretty quickly with experience gained through well paid internships available by the boatload during summers.

Posted by Realist | Post ID: @MRzh088-awx

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| 1521 views | | 3 replies (last April 19, 2017) | Reply
Post ID: @OP+MREUStg

3 replies (most recent on top)

@Realist, Excellent statement and I hope the younger folks read it several times to truly understand what they can expect in the future and what it takes to keep themselves relevant until they are ready to leave the business. Technology changes and does so at an extremely fast pace. Keep up with it and stay fluid in who you work for and you will be able to make good money in this business till you are tired of it.

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Post ID: @1pvd+MREUStg

I agree. I call the period with CSC 95-05 the golden years. Then CSC went down hill fast. I know, was laid off after 25 years - 15 spent in management and last 5 years brutal (60-70hrs/wk). Actually was a relief to be rid of CSC and now enjoying working as a carpenter/handyman Slowly getting healthy and spending more time with family.

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Post ID: @wcp+MREUStg

And you can be darn sure DXC will still try to get you for 18 bucks an hour

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Post ID: @vgg+MREUStg

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