Dxc still paying McKinsey $5 million per month
So what's changed? Contract still in place for 2020
Sal was EDS at Accenture
If you want to be in this outsourcing to India business then stay
All MNC and bpo companies in trouble
11 replies (most recent on top)
DXC is an American company in name only, but with boat loads of people on the Indian subcontinent as cheap as chips.
Making a loss is a positive as it means that DXC does not need to pay much tax on its profits.
lol! don't assume Mkinskey is advising dxc to be a better place to be
They maybe hired for a paint job before sale
Mkinskey is a waste of time they advised a previous company I worked for 20 years ago. And I saw the same merry go round implemented in Csc years on, obviously charging top $$$$$ for stuff you find in a students project. How gullible people are.
How can this tanker be turned or should I say sinking ship be turned around. The only assets it has are really staff, so it needs to focus on staff morale and engage with customers, both go hand in hand.
Staff need to look forward to coming to work, they need to be valued not beaten, paid not screwed, trained not processed.
Customers need service not excuses, delivery not blockers, and the end game is to milk them but not screw them over.
DXC will always be an American company . LOL thats Bull c-ap, look at all the Indian managers and people
CSc just didn't do his due diligence with EDS
But CSC got EDS for 10 cents on the dollar so stripping it for parts is still making CSC a profit
all you people that want to call it a merger don't know what you're talkin about
If money went from this pocket to that pocket it ain't no merger
EDS has been a disaster since the early 90s
The Inside Man is 100% correct. For some reason especially the the legacy CSC people seem to be in a trance and reluctant to leave. Many have viable skills and there are many opportunities out there. Update your resume and leave before it’s too late. It’s a shame of what happened with the merger but most of us knew this would happen. I believe WFRs, slow-pays and clients jumping ship will expedite the inevitable.
Interesting profile for McKinsey,
https://theintercept.com/2019/12/18/capitalisms-consigliere-mckinseys-work-for-insurance-companies-ice-d–g-manufacturers-and-despots/
Ura dxrk
No American Union is going to allow their retirement money to be controlled by Indians
You are so freaking uneducated
@hjg Unless DXC can reverse the recent revenue declines then DXC will NOT survive. It will continue to decline and what's left will eventually be bought by one of the large Indian outsourcing companies.
Dxc will always survive since 89 to 95% of the money is invested by pension funds or hedge funds owned by pension funds
DXC will always be an American company
What technology company could buy dxc... Dell
Not IBM IBM is a disaster
Microsoft or Google
Who wants a 15 billion dollar services company without any intellectual property oh wait a minute I forgot about bionics
A real CEO would be rolling up new companies into DXC and making it a hundred billion in revenue not chopping out 25% of the company to pay off half of a 10 billion dollar Bond
How long before DXC no longer exists?
No one knows for sure but things are not looking good. Any fools who denies this are kidding themselves. Right now they are barely paying their bills and meeting their interest obligations... Don't believe the recent BS about profits. They've been fiddling the books for over a decade. The spin offs when they happen will tell us more and they'll happen quicker than you think.
If you can exit with some sort of severance package do so as soon as you can. Just grab the money and run. The cupboard will be bare later on.