Thread regarding DXC Technology layoffs

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.

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| 1742 views | | 7 replies (last August 9, 2019) | Reply
Post ID: @OP+10szff7P

7 replies (most recent on top)

Plenty more WFR to come US, UK and Europe - to get rid off the employee overhead, acquiring one or more company (integrate it and offshore it), offshoring more to lower cost centres thus boosting share price and Mikey's Xmas bonus

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Post ID: @xlu+10szff7P

As far as I am concerned the stock is still way overpriced! This company is a joke!

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Post ID: @ywb+10szff7P

@10szff7P-kre got bored of waiting and handed my notice in after being turned down several times. I hope everything goes your way!

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Post ID: @vns+10szff7P

Yes - they were planned because they knew they were going to miss badly

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Post ID: @jgf+10szff7P

Those were already planned

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Post ID: @gyh+10szff7P

in europe too. massive layoffs expected.

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Post ID: @ula+10szff7P

Hopefully in the UK to. Been turned down twice for VR ... surely I will get it now.

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Post ID: @kre+10szff7P

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