Thread regarding DXC Technology layoffs

ATOS moving ahead what will DXC report this quarter? Will the pay raise appear?

Group revenue was €2,818 million in Q3 2022, up +5.7% year-on-year. Growth at constant currency turned positive in Q3, at +1.1%, while organic growth stabilized, at -0.1%, showing a strong sequential improvement compared to previous quarters (-1.9% in Q2 and -2.4% in Q1). 

That beat the median of 12 analyst estimates compiled by the company, which predicted a fall of 0.4% at constant currencies.

Atos confirmed its full-year targets, adding it now expected revenue growth at constant currencies to be in the “upper half” of the -0.5% to 1.5% range.

We will hear how we turned around with our flagship product - Platform-X in the quarterly call

That probably explains why DXC has been slowly sinking if it all depends on a discontinued set of powerpoint slides and obsolete scripts as its "flagship product"
Now thats been long cancelled how about identifying the next miracle-to-save-DXC

We will hear how we turned around with our flagship product - Platform-X in the quarterly call.

If the quarter is bad, and it probably will be:

• The "Transformation Journey" is going according to plan

• $500M cuts won't be enough, we'll have to cut some more, say another $500M

• Work harder, gang!

And so the cycle of cut - increase losses - cut some more - increase losses even more, will continue. You'd think by now Mikey would have learned that when your core business is selling people, then cutting the number of people you have to sell to clients isn't going to grow your profits.

Hey, Mikey! Why don't you start writing business at a decent margin so that it's profitable without cuts? That way, you could actually grow a viable, sustainable, business.

Salvino is paying to keep media and management quiet. If a journalist comes and make a case, talk to employees, investors will understand the reason why we can’t get new hires, and we are losing revenue. He is lying to the face of all of us with “the world crisis” “former CEO”. He has been making excuses for 3 years, and he will continue. I see how our clients are dropping , the problem is Mike Salvino and his friends like Brady and Finch. Take them out and we will succeed.

@pjm+1jm0a47c

Spot on will be usual bull excuses

A bad quarter so they can delay the raises again.

More cuts, less growth, more spin.

Fake buyouts.

All manipulated to the nth degree to suit Mikey and co.

Analyst Nod wink ask non questions, nothing challenged, old boys network.

If it wasn't the analyst would have worked out the deception after 12 meetings.

Mike2 resign after Q2 results?

Absolutely no chance - too busy negotiating last big pay day for himself with the private equity takeover. We'll get the usual buzzwords in the analyst briefing after the results are published ie "transformation journey on target" (whatever that means - perhaps on target to hit the iceberg dead ahead, or we've hit the iceberg and are now sinking but i'm on the only lifeboat), there will of course be "currency headwinds" that will totally explain the 15% decline in revenue, and if the results are really bad there will be further distractions like an additional $250M in cuts on top of the $500M already announced

Why would he? That’s the d-mbest post ever!