constant change in strategy or lack of...
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New Mike is as much "smash and grab" as Old Mike. Comes in, slashes and burns the workforce, inflates the short-term profit & loss account figures, meets his target, and gets a huge bonus. As soon as that happens, there will be yet another thinly-disguised asset stripping exercise, referred to as a strategic merger, then he'll be out of the door chuckling "catch ya later, losers". He'll be on the rich list and his employees will be in the unemployment queue. Cheers Mike.
I've heard Mike is shortly going to announce a staff share partnership offer buy 1 share and get a partnership share matched for free like other companies. The buy share will be offered with a 15% discount, his looking to encourage staff to take a stake in the company so they can share the rewards. Should perk up the share price as well.
New guy already looking for the nearest exit.
cheaper for client to have it teams in house and call in freelance specialists and established partners like Microsoft (Azure), etc to fill in the knowledge gaps.
Cloud isn't the future, it's on prem IT.... At least DXC is daring to be different to the herd....lots of money to be made installing vpn's for remote access and selling laptops. Next stop a fifty billion dollar company lol