Genuinely concerned for the state of the company, and I can't see how any bounce-back is going to happen. It certainly seems like the market had seen Mike for what he is: a conman lining his pockets, and pedling lies.
The infuritating thing is when all said and done, he'll be sitting pretty, considerably richer while the workers have had their lives turned upside down.
Not concerned about DXC being in the c-apper ...
Yes.
1/ suspend the dividend payment and all director rewards - investors have to accept they made a bad choice, but are willing to wait and hear the new CEO plan.
2/ award all employees an increase - it is only the employee that can save DXC! The remainders are like 'gold dust' for the relationships (customer/colleagues) they hold - Business thrives on relationships.
3/ fire the managers that are in place by right and not merit and hire in new blood (not golf cronies) with solid engineering backgrounds.
4/ have all employees contribute to re-build the DXC service PLATFORM, selecting a stream PDXC, Automation, Cloud Security. Build the new DXC platform in 6 months flat.
5/ take points above and 'buy back' old clients, those not renewing and also any contracts we not sign ($400m if real?) . DXC will serve more clients with exiting staff before expanding to serve numerous others.
6/ clear out the 'nodding dogs' on the board - those that do not resign in shame.
I am sure when it is the managers, stockholders and directors turn in the barrel' there will be legal threats, foot stamping and finger pointing. However, in six months DXC will be totally different, have a real service proposition and an energized 'team' of people.
It would be pretty hard to build a case that the above is *not the right course of action - assuming we are building not stripping? Of course all action for previous illegal, misguided or foolish activity should and must continue - hopefully it would not have too greater impact on the 'shiny' new org.
I worked for EDS when its stock crashed from $74 to $11 and that caused then CEO to be ousted and then HP bought the company for cheap.
Don't worry it's just a headwind. Definitely can't be stormy all the time :P
@10v6N8uv-ugf Trustpilot would indicate they are clueless, but amusing regardless
No idea how good WalletInvenstor is, but according tho this (https://walletinvestor.com/stock-forecast/dxc-stock-prediction) they predict DXC as a penny-stock company within a year.
Why are people happy that our stock went down as much as it did? This thread is a deallocate of Why are people happy that our stock went down as much as it did? Must be a manager that can't stay on topic!
This is a duplicate thread
Shareprice just hi $33.78 -52 week low. Dear God.