Thread regarding DXC Technology layoffs

So...

  • when will the layoffs start to compensate for all the loses? Do you think they'll at least wait for this week to end?
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| 1731 views | | 5 replies (last August 13, 2019) | Reply
Post ID: @OP+10wqkdI5

5 replies (most recent on top)

"Not sure how laying off more people now will help full-year revenue and earnings."

That's what some of us have been saying since day 1 - the person at the top seem to think it'll magically fix everything though

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Post ID: @bmo+10wqkdI5

We have already been told discussion have started about more layoffs in build

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Post ID: @won+10wqkdI5

@10wqkdI5-zuj that's not entirely true though, the guidance was reduced as a RESULT of the performance, or lack thereof.

Every indicator year on year is down, hell even quarter on quarter the situation looks dire.

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Post ID: @qqt+10wqkdI5

What losses? DXC made a net profit of some $168m last quarter - there's nothing to compensate for.

The share price went down as a result of reduced full-year guidance rather than the Q1 results themselves.

Not sure how laying off more people now will help full-year revenue and earnings.

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Post ID: @zuj+10wqkdI5

I have no idea why the page decided to format my post as bulleted...

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Post ID: @dnf+10wqkdI5

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