This it what Atos wrote:
"... Following recent market rumors about a potential transaction involving Atos, the Company confirms that it has approached DXC Technology concerning a potential friendly transaction between the two groups in order to create a Digital Services Leader benefitting from global scale, talent and innovation.... "
They want to create a Digitakl Service Leader. So they want to have the Luxoft assets. But what about the Non-digtal areas? Ahh, layoffs, fresh layoffs,
DXC imploded long ago. It's run on shoe strings and bubble gum. If I were you I'd leave before it take your career down with you in fire ball.
I for one don't care either way, There are still layoffs going on with or without this merger/buy out. It will take a year to get down to my level and I might just retire. I do feel sorry for the younger and the people that are getting close but not at retirement age. But then again our days are numbered as on any given day we might be WFR'ed anyway.
The director's , VP's will get a golden parachutes and they will be better off, why work if you get money for selling
One of the next steps will be a due dillingence of DXC.
Not sure whether Atos sticks with the offer after that.
Will be another huge amount of job losses if this happens especially in UK and EU where Atos have large workforce.
DCs will be amalgamated as well..
My guess is they'll take the offer after a teenage 'flirt'! It is is tidy end to the mess, institutional shareholders may have the final say, but a few execs will be 'slathering' at the prospect...
+18Oz06LJ makes sense close all remaining DXC sites, transfer as much of current DXC and secure work to the current Atos staff and get people from DXC to do knowledge transfer. Then embark on WFR scheme to reduce as many DXC staff from their books post merger.
You probably smell your upper lip.
Why do you think DXC rents UK offices?
Because it makes it easier for a takeover company to WFR and still keep client accounts