Thread regarding DXC Technology layoffs

Here we go again. Share price being walked up on the back of ongoing layoffs - more to come.

The share price crosses $40 on pretty dismal financials. Organic growth is in decline and it's slash an burn of costs (i.e. employees). When the company starts telling you "how to talk to the street" you know you're in a share price walk up. This will end in tears for investors and employees but will make the current noses in the trough and brokerages a fair penny.

"True earnings power" is just a euphemism for the point where its just a case of squeezing the platinum clients for revenue on the minimum cost base. No investment, No growth, No future. Just some legacy IT Ops and ALFs serviced out of the cheapest modern slavery country.

Once the share price collapses (again) it'll be more cost cutting and layoffs from the new piggies.

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| 1291 views | | 2 replies (last June 9, 2021) | Reply
Post ID: @OP+1bfLNuX7

2 replies (most recent on top)

More parts of DXC to be sold off along with WFR = increase short term of share price.

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Post ID: @1kmf+1bfLNuX7

to the moon! lol!

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Post ID: @zhr+1bfLNuX7

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