Thread regarding DXC Technology layoffs

Sinking so fast

The natural decline will continue due to lack of strategic choices, reckless hiring, and failure to change in a fast-changing market.
In the past two years, DXC has been saying what they hope the outcome will be (seize the market, take care of people, etc.). There's nothing wrong with this, but that's not a strategy. A strategy is a clear set of choices; what is DXC going to do, and what is it not going to do. DXC doesn't communicate this, so nothing meaningful happens, and so the ship is steering carelessly on a very rocky sea with bigger boats and captains actually know where they're going.
I'm now seeing more and more managers, VPs, and presidents being onboarded into the company than ever before. This selection and promotion should happen from inside the company by employees and not management, because it is those who know the company and its teams very well, and who have been there for a long time, are the ones that could turn the decline around. Not the expensive people from outside who have no idea of ​​the company's history and how it works internally. Before they've been brought up to speed, a whole year has passed a lot of money has been wasted.
Last, as part of the decline, the leadership team does not seem willing to make radical changes in a fast-changing market. It holds on to a perpetually declining business model where customers are slowly moving away from. Unwilling to try and invest in new ventures, take on unfamiliar or difficult projects, and the inability to deliver tailored solutions to customers that ask for them. Customers realize this and thus will respond to DXC accordingly. : :: OP @1zdu+1fbKwame

The company is undoubtedly sinking due to the lack of strategy, but it still surprises me that it is sinking so fast.

by Anonymous
| 1791 views | | 3 replies (last February 9, 2022) | Reply
Post ID: @OP+1fc2j4P9
Comment! It's anonymous!

3 replies (most recent on top)

@Priapus

No money left to invest? They announced they have $1bn in cash that they are buying back shares with...

If that's "no money" then I'd like it.

by Anonymous
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Post ID: @1gzc+1fc2j4P9

In response to a few points....

  1. Reckless hiring. It's not strictly Reckless hiring. It's hiring people who will actually work for DXC. Most folks won't unless they have no other choice. DXC's reputation is so bad that ever mediocre talent isn't that desperate.
  1. Strategy. The big thing about strategy is that it requires multiple elements. First amongst these are some clearly defined goals, and an execution plan to achieve those goals. It should be reviewed and revises at least bi-annually. Guess how many of these elements DXC has??
  1. People are being onboarded at senior level from outside simply because the best people have already left. A lot of people on here state things like "It's great, I do nothing and get paid" or "I'm just sitting it out for three more years until I retire". The best talent has already left the building.
  1. Investment in New Ventures would be great.... but needs some money to Invest. DXC ain't got it. They've spent the money they could have invested in new ventures WFR'ing a huge part of the workforce, so now they have no money to invest, and no people to build out new delivery units.

This ship has pretty much sunk. It's just that the captain doesn't seem to have noticed yet.

by Priapus
| | Reply
Post ID: @1lrn+1fc2j4P9

The company history is what got into trouble. We need people whom think out side of internal DXC. We need people who know what a good company looks like and then make changes to make us that way.

The problem we always say we always done it that way, well that way is WRONG! Also every project we have people saying why it can't be done, we need people who come up with answers on how it CAN be done!

by Anonymous
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Post ID: @1cai+1fc2j4P9

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