Articles about csc

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SEC and DoJ charge ServiceMesh founder with $98m fraud

UPDATE The United States Securities and Exchange Commission (SEC) and Department of Justice (DoJ) have charged ServiceMesh founder Eric Pulier with attempting to defraud technology services giant of US$98 million. The scheme played out in Australia, where the SEC alleges Pulier paid “kickbacks” to execs at the Commonwealth Bank (CBA …
Simon Sharwood, 28 Sep 2017
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DXC Technologies mails another corp message (gulp)

Repeated redundancy programmes and the imposition of penny pinching measures can make a workforce glum, no matter how many fancy dress days a company offers: DXC Technologies might have realised this. The outsourcing provider has this week informed its grunts in the UK who don’t qualify for existing bonus schemes that one is …
Paul Kunert, 18 Sep 2017
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DXC Franken-firm 'on track' to slash $1bn with deeper 'synergies' ahead

DXC, the Franken-firm made up of CSC and the enterprise services arm of HPE, is "on track" to slash spending by $1bn (£760m) this year – with plans to further ramp up the cost-cutting throughout the year. Under its "synergy plan" the biz shaved off $140m for the first quarter, according to the outfit's maiden financial results …
Kat Hall, 9 Aug 2017
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Payroll glitch at DXC leaves former staff in employment limbo

Computer Sciences Corp and HP Enterprise Services were old hands at making redundancies, so you'd expect the newly formed entity DXC Technology would also be well versed. Yet some former staff have been left in employment limbo due to a payroll cock-up. That prompted one former UK staffer to quip: "CSC/DXC can't make people …
Kat Hall, 6 Jul 2017
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DXC Technology puts reluctant office movers on naughty step

DXC Technology staff who continue to ignore orders to haul their asses 4km (2.5 miles) across London to repopulate shiny offices in Kings Cross will soon be locked out of the building they're reluctant to exit. Top brass at DXC – a spin-merge (with a reputation for "fun-ishment") between CSC and Hewlett Packard Enterprise’s …
Paul Kunert, 12 Jun 2017
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DXC Technology warns staff of multiple office closures

DXC Technology is planning to shutter a bunch of sites as part of its mega savings plan, multiple company insiders have told El Reg. The business, which emerged from the spin-merge of HPE’s Enterprise Services arm and CSC, has forecast a reduction in overheads of $1.6bn in three years and will consolidate office space to help …
Paul Kunert, 30 May 2017
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DXC Technology looks to lighten the payroll six weeks after launch

It was only a matter of time before DXC Technology – the corporate pile-up between CSC and HPE’s former Enterprise Services division – began using staff cuts to lighten the overheads. And so it begins. Peter Hands, veep at DXC, formed at the start of April, has told employees the business has “committed the achieve specific …
Paul Kunert, 19 May 2017
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Franken-firm DXC Technology is born today, the fun begins...

Franken-firm DXC Technology, the corporate mash-up between CSC and HPE Enterprise Services that was brought to life today, has urged staff to turn up to work in fancy dress, or at least corporate colours, to celebrate the launch. Memos - seen by us - were sent to staff of the new company at the end of last week, listing all of …
Paul Kunert, 3 Apr 2017
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Outgoing HPE workers stripped of gym cards and cushy remnants

HPE is ensuring that no unpleasant memories linger for Enterprise Services staff being booted to DXC Technology by informing them they are no longer entitled to membership to the employee discount scheme. In a mail to the great unwashed, HPE UK chief of staff Amanda Hill, said the firm is making "adjustments to the various …
Paul Kunert, 21 Mar 2017
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HPE unscrambles its services eggs, calls the results 'Pointnext'

With Enterprise Services about to become a past problem for HPE, the business has rebranded the remaining consultancy unit, killing off the Technology Services tag in favour of Pointnext. HPE last year decided to “spin” ES into CSC. From April, that combined entity will be called “DXC Technologies” and will get to do things …
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

MP brands 1,600 CSC layoffs as the 'worst excesses of capitalism'

The British government must wake up to service delivery implications of the latest mega-layoff scheming at CSC given the number of sensitive public sector contracts held, and work with the business and others to "root out the worst excesses of capitalism". Or so Toby Perkins, Labour MP for Chesterfield, argued during a House …
Paul Kunert, 6 Mar 2017
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

Unite: CSC UK set for 'jobs massacre' as 1,101 heads put on chopping block

Sickly outsourcing titan CSC UK is strapping another 1,101 staff to the employment catapult to be hurled out of the organisation between March and September, according to Unite the union. In a newsletter to members - seen by us - the union claimed it was “time to fight” the pending “massacre” of jobs “across most areas of the …
Paul Kunert, 25 Jan 2017
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Bank IT exec jailed after pleading guilty to taking bribes from ServiceMesh

A former IT executive from Australia's Commonwealth Bank (CBA) has been jailed for taking bribes from software company ServiceMesh. Keith Robert Hunter has been sent down for three and a half years and will serve at least two years and three months, for dishonestly causing financial disadvantage by deception. Hunter initially …
Simon Sharwood, 20 Dec 2016
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Hewlett Packard Enterprise to outsource global IT team to CSC borg

Exclusive The global IT team at Hewlett Packard Enterprise that company execs previously praised for managing the smooth break-up of the organization is finally being rewarded – the entire department is being, er, outsourced. The destination for these techies is the CSC and HPE Enterprise Services borg – the businesses are coming …
Paul Kunert, 16 Nov 2016

The only thing worse than working at CSC? An Xmas redundo programme at CSC

Trigger-happy CSC is aiming the redundancy gun at another batch of hapless employees just in time for Chrimbo – a fate perhaps only slightly worse than actually working at the integrator over the festive season. Hard-pressed staff were this week made aware of a third round of job cuts for 2016 – earlier rounds came in May and …
Paul Kunert, 16 Nov 2016
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

CSC shows first growth in two years... after ploughing half a billion into takeovers

Sales at outsourcing and integrator basket case CSC are growing again – all it took was hundreds of millions of pounds worth of acquisitions. The New York Stock Exchange-listed outfit reported revenue of $1.87bn for the three months ending 30 September – its Q2 of fiscal 2017. This was up 7.16 per cent on a year ago and the …
Paul Kunert, 4 Nov 2016
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CSC straps another 100 jobs to redundo cannon, lights fuse, walks off

CSC UK execs left sweating over local profit “challenges” have again opted to expunge costs from the business in a time-honoured fashion by strapping human capital to the employment cannons. Not content with running one redundancy programme this summer – the first started in May with the aim of losing 248 jobs – top brass have …
Paul Kunert, 19 Sep 2016

Domain name bods NetNames netted by CSC Global

Domain biz NetNames has been flogged to US biz services outfit CSC Global for an undisclosed sum. Private Equity biz HgCapital has decided to offload NetNames after taking the publicly-listed outfit private in autumn 2011 for £153m, but it said little else about today's transaction. The deal isn't a massive surprise, as we …
Kat Hall, 2 Aug 2016

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