Up to 300 UK staff at outsourcing colossus CSC face the sack on Monday, as the firm ramps up a programme of brutal cutbacks. Sources say compulsory redundancy notices, part of a company-wide restructuring, will be handed out across Regional and Global Operations, Global Solutions & Technology, Global Security Services, and …
This is such a bunch of crap for 2 reasons:
1. These huge companies constantly buy out small ones, give everyone a "We value you pitch", while they cherry-pick talent and right-size the rest.
2. They keep thinking they can hire new EXPERIENCED talent cheap- the amusing part is: most of these people don't exist. So they are forced to go back to tactic #1 above.
After experiencing this personally and watching it go on for the last 8 years, the only way to stop it is if everyone starts asking for money up front in case of right-sizing (say 10 grand) as a bonus.
I promise you this, the top management people will keep working there and they will get their bonuses while the people that were bringing in $ 140 to $ 160 billing an hour will continue to suffer.
Corporate greed has become so bad now, they will stop at nothing
till they finally screw up for good and are allowed to resign while they take mega stock options with them.
I had enough of this funny farm 5 years ago and Got the Hell out of it!!!
Typical PR Bull$h1t
As one choosing to take the money and run I cannot believe the rubbish in this press release...
Some of the most overworked departments in our line of service are being cut when there is already too high a workload as it is, I am so glad I'm leaving...
Getting the Hell Out
As with the first poster, I've been doing this work for nearly 10 years now (low compared to some) I've finally had enough of this after devoting my time and intelligence to three different companies who have downsized and laid off many (including me) so that execs and shareholders see a better return. My wife has reentered the workforce and I'm back in pre-med.
Got the hell out
I gave CSC the heave-ho three years ago, and I've never looked back. Taking a pay cut was worth it to leave that evil company.
It's not just CSC that's run this way...
I work for a rather famous telco, whom I won't name. The business is run entirely by the Finance department, who continually want to see cuts in the number of contractors (all the permanent staff have refused to do the work we do, as it's very stressful and they - probably correctly - maintain that it's beyond their pay scale). Trouble is, we're overworked as it is - and Finance keep calling for 70% cuts (as if the company IT services just ran themselves).
Last year they managed to get rid of nearly everyone in the technical department for the service we're responsible for, and then there was this huge shock when SLAs weren't being met, and people were brandishing knives at each other. The most amusing thing? They went to all the job agencies they'd used and said "Oh, remember the people we hired three months ago and then fired all at once? Well, we want those same people back."
No, I'm not joking.
The agencies all turned around and said "Well, sorry, but the people you let go have all found other jobs now. You don't seriously expect people to just hang around for 2-3 months, waiting for you to change your mind, do you?" Funnily enough, they never got an answer to this question - but it still remains a perfectly valid one.
The bit about cherry-picking staff amused me, though. If anything, the tactics being used at this company continually ensure that they keep the worst staff while consistently evaporating the best talent (the best people get jobs elsewhere first - and don't put up with their contracts being extended just a mere 2-3 days before it's due to end - with no indication of whether the purchase order will be signed before then), and they also spend huge amounts of effort training new people every year when they realise they screwed up and fired everyone who makes the ship run.
A newcomer here needs about 6 months of experience before they become really useful, and the average time they spend here is about 9 months. So, around about the time they finally start making sense to keep, Finance forces management to dump them on the street. I've heard of bosses who really, desperately wanted to keep talent on - but were told they weren't allowed to by Finance. Of course, they changed their mind by the time the next quarter rolled by, but of course that was too late - and anyone still willing to work for them immediately doubled their rate as a precondition to coming back.
Keep your chin up. The more time I spend in IT, the more I'm convinced I need to get out and start my own business. I could hardly run it any worse than the muppets I see currently in charge.
I was contracting at Motorola in 2003 when CSC took over IT support.
They totally and utterly destroyed a great IT team worldwide and I dont think Motorola will every recover. They dont give a toss about the companies they supply services too, nor to the people they employ.
Im so glad I only had to put up with these scumbags for a couple of months. Its jsut a shame so many companies have swallowed their line of BS to the detriment of thier profits and their workforces.
I agree with the above
I wasted two years of my life working at CSC. It was like a Roman slave galley.
Every know and then, the Global Vice President of EMEA would turn up and give us an hour's PowerPoint bullshit and we'd just sit there thinking WTF??
Looks like I got out at the right time
I took redundancy from CSC last year after spending almost 6 years there. It was a good company to work for when I started, but by the end I was dreading going in each day.
"The more time I spend in IT, the more I'm convinced I need to get out and start my own business. I could hardly run it any worse than the muppets I see currently in charge."
Trouble with that is companies like CSC would only buy you out. You get your fat wedge and your staff get the same shit-end of the stick as per the first posters comments.
(By the way that's the Royal You, not you personally) :0)
Completely Stupid C****
"I gave CSC the heave-ho three years ago."
I jumped ship about 5 years ago. I voluntarily outsourced to one of their 'partners', and continued to work in the same office. I was treated with derision by those who remained with CSC, the last laugh was mine though as I sat on my side of the corridor, watching their team slowly being eroded with round after round of redundancies. There are now only two 'technical' people left supporting 400 users, whilst the "management team" remains untouched.
"I wasted two years of my life working at CSC."
I wasted four, glad I'm not the only one that felt my time there was wasted...
Spent 6 years for them on multiple contracts, working my butt off to help smoothly bring in transition, only to find that when I asked for something back (a site move, same job) I got royally shafted. When they took us over, I thought I had the golden ticket..by the time it was time to go, it had turned into a piece of old (used) bog paper...symbolically speaking of course
I warn against them whenever I can, to anyone who'll listen
I took the money and ran last year
I spent 3 years with CSC after being outsourced to them from a company I was employed with for over 30 years.
After 3 years I'd had enough; more work, more pressure, replacing people that had already left with staff in India, then having the extra workload of correcting the work done by the Indians!!!
So glad I took VR under my terms.
It just gets better....
Today was more fun than usual. Several people I know were affected by the cutbacks. Today 1 of then was called to a meeting and told they got a pay rise.
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