His purchase cost was 495k; today they are worth about 350k; a loss of 145k! Hallelujah!!!
Mickey Mouse isn’t going anywhere
All the suggestions that Mickey should walk are from normal people, however the analysts still don’t see it. The 32% drop wasn’t anticipated if you were on the analyst call. And already some funds are buying in at the lower price. If the... — read more
Dear John Letter
Dear John, It became obvious on last night's earning call that you were wrong and your plan is still failing even into the results for the rest of the year. In the quest for ever greater shareholder value (and thus your pockets), you have dealt... — read more
...and the Q1 results have made The Register.
https://www.theregister.co.uk/2019/08/09/dxcq12020/
This analyst has absolutely NO idea what he's talking about
https://www.thestreet.com/investing/a-drop-in-profit-margins-at-dxc-technology-15051777 This guy is a joke.
Time to go?
Currently trading just over $35, a significant drop, is it time to clear out the deadwood at the top?
Stock down 30% after earnings miss
I just heard that there are going to be a lot more layoffs next week in the US because of this.
Earnings call, shear embarrassment
What a sham? Listening to it you can sense they are clueless. What capable ceo answers a question like”what’s the message for your people” with “same as what I am telling you”. He is out of sync with business reality in this day in age. Go listen to... — read more
DXC's only successful Automation?
Has Bionix(tm) replaced Mikey? That Q1 analyst call was almost identical to the previous ones. Has someone used AI (artificial idiocy) to do these calls?
Middle management layoffs are next!
If you listened to the earnings call, Mike made it clear that layoffs will continue as they haven't laid off enough people. Only 3900 in the last quarter. He said there is a lot of opportunity to save costs by getting rid of middle management. ... — read more
DXC Spartans
I've been out of DXC for a year - are they still droning on about Spartans then?
Mike has stopped hiring worldwide ?
it seems its impossible hiring new staff, even if you win new contracts.
DXC stock drops below 50....again!
Market up today but DXC is getting knocked down. Heard that revenue may be down by 10%. Wonder how Mikey is going to BS his way thru the Q1 results? Bad start to the new fiscal year for Mikey and his crew. Maybe the analysts are finally catching on... — read more
DXC culture now reached 'F' rating
Just another site for night time reading and a site that potential candidates might review before deciding on whether to join a company or not. It is similar to glassdoor but with more analytics, reviews from different levels and perspectives... — read more
Who does he think he's fooling?
IS this him trying to build confidence in DXC stock? Yeah, I don't see this working... *DXC Technology Co (NYSE:DXC) CEO John M. Lawrie acquired 3,300 shares of the stock in a transaction dated Friday, August 2nd. The stock was acquired at an... — read more
Is anybody getting an incentive in europe ?
for some its part of the salary
Glassdoor doesn't make sense
I'm looking at DXC on GlassDoor; specifically the ratings: https://www.glassdoor.com/Reviews/DXC-Technology-Reviews-E1603125.htm I truly don't understand how the employee rating of this company can be increasing over time; there must be a lot... — read more
DXC stock down 5% today!!!
DXC stock down today by 5%.... how low it will go? Maybe the analysts are figuring out what we all know; it’s a dysfunctional company with low morale and no future. Listen to August 8 earnings results for the last QTR to see how Mikey and Pauli spin... — read more
What is happening at DXC Chesterfield ?
Hi folks, found this site via google. I have noticed over the last couple of mornings that Manor Offices car park is even emptier than usual. The Derbyshire Times reported job losses were imminent but I thought that would take at least 3 months.
More Cuts, Less Revenue
We lost a third of our staff in the last round of cuts a few months ago, and some of those that were on the RIF list were people who were on billable jobs. We just got handed a new list that's supposed to k–l off about half of the positions we have... — read more
Once Negative sentiment gains traction - game over
A little bit more to go but....... https://walletinvestor.com/stock-forecast/dxc-stock-prediction Historical index on US Stock Market: C "Should I invest in DXC Technology stock?" "Should I trade "DXC" stock today?" According to our live... — read more
DXC at the top of the list -- "These 11 large tech companies are most likely to get acquired within the next 12 months"
https://www.businessinsider.com/stock-market-outlook-tech-mergers-acquisitions-targets-morgan-stanley-2019-8
More free stock for the board - #ISeeDXC screw their employees once again!
More free stock for the board https://csc.gcs-web.com/node/16956/html and we the workers get no raises again. BULL SH*T! #ISeeDXC screw their employees once again!
I really wish I had their confidence
DXC Technology is in the process of transformation from a legacy IT solutions vendor to a digital one. We think that Management will execute on this strategy and turn DXC into a growth... — read more
I haven't seen a leader at DXC yet
We have managers who are good to approve RTAs. But no one who is leading the path, creating a strategy and making it happen, other than cost cutting. Organisational structure is changing every few months completely. I had IT tickets open longer... — read more
NO SALARY INCREASE WORLDWIDE EXCEPT FOR GERMANY (AGAIN!)
the country with one of the lowest billable hours gets another jump in salary increase (due to labor union)
Strap in... DXC Technology to Report First Quarter 2020 Results on Thursday, August 8, 2019
Don't forget your bullsh1t bingo cards for the analyst call. Color, headwinds, restructure, digital... No doubt we'll hear about the next coming assault on the workforce too. Meanwhile revenue is down ~10% - I can predict that with zero... — read more
Many leaders have left
5 IGMs, head of solutioning, head of finance, head of brand, head of suppliers, Middle East leader all quit in 3 weeks. This is falling one piece at a time. Who is next?
Upper Management meeting in VA today and tomorrow
Anyone know what's being discussed? Lots of company leaders at US HQ for 2 day meeting...
Have things gone quiet?
I'm not hearing any more chatter of layoffs in the UK past few days. Anyone have an ear to the ground?
I don’t see any way DXC could bounce back and be successful again
As much as it pains me to state this, this is the ultimate truth, and false hope is something that could prove to be the biggest enemy of a DXC employee at this point. Don’t want to talk down on anybody or play the”wise guy”, I’m still at DXC too... — read more
The Golden Goose . . . .
Who has been asleep at the wheel? DXC: We've told UK government that up to 2,150 heads could roll in latest job cuts (on a UK headcount of 8,000) https://www.theregister.co.uk/2019/06/21/unitedxcjob_cuts/ So can the 'digital' golden goose... — read more
DXC Will Send Impacted States' Medicaid Data to Cloud
"In the US? Using Medicaid? There's a good chance DXC is about to boot your data into the AWS cloud. What could possibly go wrong?" "Nearly 30 states' Medicaid IT systems will head into the public cloud over a two-year period, with AWS acting... — read more
Any regrets?
People who decided to leave DXC (not talking about those laid off, those who left on their own,) do you have any regrets? How are you doing on finding new jobs? Is the grass really greener? I've been contemplating leaving, but I'd lie if I said I... — read more
Mikey pay down 46% in 2019!
https://www.execpay.org/news/dxc-technology-co-2019-compensation-3415 ****"J. Michael Lawrie, Chief Executive Officer, received $17.3M in total, which decreased by 46% compared to 2018. 72.30% of Lawrie's compensation, or $12.5M, was in stock... — read more
DXC CR - Make sure the numbers are correct
Anyone who is at risk of CR needs to make sure their numbers are correct. I have been quoted numbers that do not even meet the UK statutory regulations. When questioning it get a stock response from HR helpdesk in India that doesn't even understand... — read more