Thread regarding DXC Technology layoffs

More or less Sal is now a lame duck. He will be gone in a while.

Atos wants to buy DXC but nobody else does

Dxc has still too many EDS managers, low revenue accounts, at least the low profit accounts have been terminated by Mike Lowry.

Dxc only hope is to become more Indian with more Indian resources they are trying to beef up Philippines Indonesia as an alternative to TCS

There's no growth in Europe and German economy only UK

Sally and his playbook is long gone he still can't figure out what to do what is Mackenzie telling him

Most likely we'll see the next communication on the take over on the DXC analyst call on Feb 4th.
I'd expect something like: you know, our board of directors is going to set up a team to discuss details on the offer from Atos and take the neccessary steps.

The difference between the Salvino town halls at the beginning and now are dramatic. He had a vision that was encouraging - however it soon became clear he was over his head and the frustration showed early on. There was no plan for executing his vision beyond giving big paychecks to former Accenture execs. That has not worked, there is no plan and they are reverting back to simply cutting costs. The problem is that there is little fat left to cut. Because of inexperience and desperation they are cutting into the ranks of the people they need to bring in new revenue. It's only going to get worse as they panic to show improvements by the end of the fiscal year.

Atos buyout happening next couple of days?? thats a crock of sh*t it will take months to get it approved by the stock holders

I thought by selling off Ito business and healthcare business they were going to bring in $5 billion to pay off 50% of the debt and now they are keeping ito... What nonsense at 1.5% profit IBM is at 1.5% profit for managed services and TCS is at 30% gross and 25% net

I can't make these numbers work

buy and flash and burn is the only solution to compete with Indian MNC TCS wipro Infosys HCL

Negotiations will take longer than that - ATOS is supposedly only offering $10.1B according to the press, and DXC has $9.9B in debt (according to same press) so not a lot of value attached to DXC intrinsically, so expect a bit more negotiations and perhaps even parts or even regions (AP anyone?) carved out of the deal

Yes Sally is over his head where is the playbook? Must not be working

Earnings call is the beginning of February

they better have an answer by then

Just like CSC buying EDS nobody gets fired from EDS for one year

Atos buyout happening next couple of days??