Thread regarding DXC Technology layoffs

We are at 8 dollars, we can easily survive another 4 years. That is pretty good pay for del Bean

DXC’s troubles prove that doing things half right repeatedly makes everything go wrong.

it will bounce back and become the best consultancy house in the world!

@b3 couldnt agree more - This is really tough to solve - I dont see a way out - Those DXC contracts are all going to get reviewed mid cycle and cut - There has to be layoffs as a result - Your best exit is to get redundancy and notice period and walk away rather than leave - And do as little as possible during the timesheet billing hours - so wuiet quitting

If I was a client and had luxoft contractors would be looking to substiute them out and if they were critical internalisation

Like anything which you stop looking after and maintaining - DXC has rusted and become worthless over the years. They said a long time back it's only asset was it's staff, and then stopped treating us like assets and more like slaves. It's carried on longer than expected without any oil, but it's now seizing up and breaking. It's an expensive game to fit it. Basically it's now worth it. You can buy new cheaper these days. Which in our market means - going with a different supplier who is now decades ahead in their thinking and processes. They can bring in a team who haven't spent the last 10 years being told they are not worth it, and who have had opportunity to practice their craft on real world systems not just do some generic online training.

We're of cause all just hanging on for that VR now.

Can’t see any recovery for dxc and consultancy business really tough. Anyone who can get out with a payoff should do quick

It’s a dead company. Any client with a normal third party risk management framework is going to be asking a tonne of questions and cancelling contracts and looking for exit criteria. This stock is going to 1