Down 7% today.
16 replies (most recent on top)
Going back up past $33.20 and for Mikey DXC gets $666M (sign of the horny one) in HPE arbitration ruling which boost share price back up a bit (may hoover around $40 - $45)
https://seekingalpha.com/news/3492910-dxc-gets-666m-hpe-arbitration-ruling
Jedi2020. Just don't. Every account I'm working with has triggered exit clauses. This company is heading for a crash. Only sticking around as I'm a contractor and will hit up something else when I need it.
@1lus - I agree with the last few respondents. Unless you have no other options, do not take a job with DXC. Knowing what I now know, I would not even attend the interview.
And of course the whole plan for profitability is cutting costs. More WFR's means more lost customers, more lost customers means less revenue, less revenue means more WFR's. Good plan Mike!
@1lus, Avoid, avoid, avoid. Use to work for UXC Eclipse; that incredible company was utterly destroyed by DXC and its toxic work practices. Then Tribridge was acquired; same thing happened. You will never see pay rises (do NOT believe all the shrilling on GlassDoor), your benefits will cost an unbelievable amount, your work colleagues will be depressed and looking for a way out of the mess. Avoid, avoid, avoid, avoid.
Unless the wolf is that the door about to cast your belongings out on the street. Please don’t get a job here! It’s quite simply the most toxic place to work! Can not reiterate that enough. If you have to earn the dime then please go ahead but please please continue looking! This place has to be seen to believed! But geez, it nearly broke me but I got out! Plenty have been left broken!
@10xd8Xjv-1lus - enjoy the interview as practice but at any cost don't take any job at DXC - if you're don't believe me read all the negative press on here, uk register and the negative reviews on Glassdoor (Warning - some managers and cohersed employees have been peddling positive reviews that if you look at all the various negative reviews don't match up)
I’m about to interview with this company. Any advice.
@ pcm - one line in your post that shows your pumping:
"Expect the re-acceleration of revenue growth taking longer."
The majority reading here understand that ML has not created any growth - ever! The stale old faart doesn't understand the business and just like a faart, DXC is currently directionless!
If you have taken a deluded analysts advice and hold a position in DXC - a short would be a good mitigation, at least it would not be nayked.
PS. You should always consult an expert when seeking financial advice.
PS2, The misspelling above is to avoid censorship, others are just bad grandma!
@10xd8Xjv-pcm - If you seriously think that Luxoft is going to save DXC, you have been drinking too much Kool-Aid (or you're ML or his steak-cutter). And if you think that DXC stock will even exist in 2-3 years, you're even more foolish than you sound with your post. The more likely reality is that DXC will destroy Luxoft as they have destroyed every other company they have acquired. Their inability to manage anything, combined with id–tic processes and applications that would shame any of our clients if they understood how DXC operates, will doom them. The pending recession is only likely to accelerate the inevitable failure.
@koi, having lived through that destruction myself at what was once UXC Eclipse, it will take no more than six months to utterly gut the company culture. Then DXC can get to work doing what it does best: utterly destroying the company it acquired and making life as miserable as possible for the unfortunate employees.
We can get stock quotes on our phones, thank you.
Mike Laurie what took years to create you will be taking it down in a matter of months. GLTA DXC Employees. Welcome to the turbulence of unemployment and wage issues.
All Dow Jones bit jittery about weak growth forecast In Germany along with the tariff wars with China but still DXC is still going down - not sure and don't care about the answer to reversing the negative trend - not my problem nor do I have any money tied up to any shares
Luxoft will be destroyed in less time than that if you know anything about DXC.
Progress in the cost-cuts should stabilize the DXC share price, though analysts may downgrade the stock after the fact. Expect the re-acceleration of revenue growth taking longer. Investors willing to hold the stock for at least two to three years may get rewarded as the Luxoft acquisition pays off.