https://seekingalpha.com/article/4285318-dxc-technology-falls-30-percent
They truly have little idea about the inner workings of something that they put their money into do they?
Still he does pull a few nuggets out for us...
1) non-GAAP to GAAP reconciliation shows what anyone who understands what GAAP means - its Generally Accepted Accounting Principles - ie the real figures. "non-GAAP" being basically piles of unrelated numbers added up to try and make things look rosey - ie the Mikey and Paul Show. Look at that table and see quite how detached from reality this is.
2) "Delays in the headcount reduction during the Q1 period is troubling. Although DXC cut 3,900 staff in the quarter" - ahhh so it was 3900 heads - roughly 3% I make that but thats of the global workforce. If you looked at just USA/Europe/Australia, its probably a lot higher.
3) "those who are still working at the company will not have the drive to work efficiently and productively." - really? No sh1t Sherlock. He's not pointed out how enormous gaps have opened up with literally nobody assigned to cover those functions yet or that we all knew even before they said "we failed to cut fast enough" that anyone in USA/Western Europe/Australia is targeted next quarter.
4) On that same note "Although the $250 million to $300 million cost savings is below the original target of $400 million" so that's what, another 2000 heads to roll? Mikey/Paul said it publicly, they can't fail to follow through on this...
5) "DXC will eventually get there." - THERE of course being Chapter 11 I presume.