Thread regarding DXC Technology layoffs

@WHFEAHF-qez I know exactly what you mean. It's incredibly soulcrushing and the only thing that keeps my at bay is my passion for the field. This is but a mere bump in the road for many of us. Let's not dwell on it once we are out of this c-aphole.

Good post @WHFEAHF-krj

I'd guess it will drop below $50 before the end of December.

Nice start to a new year, Mikey's head on a spike.

We can dream.

Like trousers, DXC's shares have been up and down, but since Oct 3rd have continued to fall and are almost sitting around the chairman's ankles.

The daily volatility is now 2.99%. The stock has been oversold for quite a long time, with a continuing trend of decline expected by analysts well into the next quarter. A recorded 'large prediction interval' from the Bollinger Band has now increased the DXC stock risk to a "High Risk" rating (for short-term investment). US investment predictions suggests that the stock could continue to fall as much as -44.90%.

I am sure DXC will do everything it can to try and reverse this trend.DXC stock's Relative Strength Index (RSI) is still viewed as high; aanother way of saying that the dip, in graphical terms, is but a mere flesh wound; what some would observe to be a 'gentle-curve' if you zoomed-out and observed fit rom say, the moon's sea of tranquility.

I'd be surprised if DXC was not working hard to incentivise more customers with promises of lollipops and puppies to go with them on a digital journey which means being squashed into the back of a Fiat Panda, together with other naive, fee-paying customers: all hot, tired, fed up of constant poor quality and excuses and annoyed at DXC telling them "shut up and keep quiet" when they ask: "Are we there yet?"

I would be surprised if DXC are not already whipping those Filipino and Polish workers to get their data-chickens to flap faster and leay more golden data-eggs inside their 'analytical migration-coops'; just anything - as long as it "looks" billable. Deciphering the analytical mess could be a further upsell. If it doesn't all work out, then DXC will close those centres in 2019 as part of its evolutionary 'We don't have a ****ing clue' digital methodology.

Microsoft are already poised to take this over when DXC can't make it work.

Once the share price drops below $50 then I am afraid its "Player One. Game-over." DXC's leadership direction, viability and longjevty will then be under the spotlight and heavily scrutinised by the investment community. We wil then start to see audit investigations into expenditure, investments, bonuses; McKinsey kick-backs and partnering arrangements and identifying who made what off the back of which people.

One person will be hand-cuffed whilst shouting: "Bah! I'd have gotten away with it too if it hadn't of been for you meddling SEC kids!"

@WHFEAHF-uzo - well honestly? I was selling Azure and AWS, specialized in SAP infrastructure - focus on SAP Hana, (but also with background of several years working in application development (SAP), getting into Blockchain and AI, and I was made redundant as well, even without my management knowing. (They tried to stop it afterwards) I Was guided out the door in 5 min after +20 years of working for the company. Even after getting regulary bonusses and e-awards for the deals I was working on.

The reason they gave was " that the world was going digital and I had not invested enough into training" (huh??? I needed to follow trainings all the time to keep up with azure and aws)

I am happy to be out - I feel now how unhappy DXC made me - and the months that followed I was contacted by Microsoft several times to start working for them for SAP on Azure. DXC from other regions called me afterwards to ask if many of the SAP skilled people got fired in our region as they were not able to deliver as many deals as before due to lack of resources.

But I do not want to work for stupid management anymore, and prefer to run my own company. Instead of getting sick in a demotivating environment.

So it is really not depending on your skills, it is your age and the hight of your salary that has been taken into account.

They are making people redundant so they can get rid of staff supporting infrastructure environments an d hiring new people to be consultants to support AWS and Azure .

You can't always cut your way to prosperity but you can definitely cut your way out of inefficient overspending that's driving you into bankruptcy.

The point of making people redundant is simply to cut costs.

Lawrie is trying to cut his way to prosperity and that never works.

Sadly the DXC story is destined not to end well...