Thread regarding DXC Technology layoffs

Mike's Sucessful?

The share price was $36 when Mike S took over and now its $25 with a further fall due to $20.

Currently the decline is -45% so nearly half the company's value has been wiped off.

If it falls to $20 it means it would need to rise by 80% to go back to $36 when Mike S took over.

After 3 years of no dividend and such a massive decline in share price the market has seen through the spiel and spin and non delivery.

It's obvious until turnover increases this company is going nowhere.

Mike if you can't improve things how much longer do you deserve, and is that $28 million and $5 millions for VPs worth paying when the lower staff aren't being paid as they should be?

by Anonymous
| 1601 views | | 9 replies (last August 5, 2022) | Reply
Post ID: @OP+1i3UHtmr
Comment! It's anonymous!

9 replies (most recent on top)

People in the engine room, please wear your DXC polo shirt and get a profile picture, come upto the deck where there is a huge party.

by Anonymous
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Post ID: @1cxr+1i3UHtmr

Yep engine room of the Titanic - about to hit the Iceberg.

by My Back is Not covered by my co-worker
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Post ID: @1neo+1i3UHtmr

Modern workplace is where execs eat steak(cutter) and Bagel, drink Brandy and collect exorbitant perks while minions work hard and bunch of looser just while away time collecting salary. We all celebrate culture week and conduct townhalls regularly. This is a ocean liner that has lost its way but the people in the engine room really deserve something better

by Anonymous
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Post ID: @1idr+1i3UHtmr
DXC doesnt have a clue what is really a Modern Workplace

and that is why in the Q1 results yesterday DXC announced Modern Workplace revenue had dropped 16.1% but apparently that was an "improvement" since it had dropped 19% in the previous quarter!!

by Anonymous
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Post ID: @1roe+1i3UHtmr

When will DXC employee's get Modern Workplace, what we have is so outdated. VPN's for everything causing slow network access.

Modern Workplace is Citrix or VDI where your machine is only getting painted screens and all the work and network is handled my the companies machines and fast internal networks.

Modern Workplace is a service desk that can take a call in 5 minutes or less, not over an hour on average.

DXC doesnt have a clue what is really a Modern Workplace.

Modern Workplace. Our Modern Workplace services put the employee experience first, helping them achieve new levels of productivity,
engagement and collaboration while working seamlessly and securely on any device. Organizations are empowered to deliver a
consumer-like experience, centralize IT management and support services, and improve the total cost of ownership

by Anonymous
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Post ID: @nod+1i3UHtmr

To who said "We have hired extremely smart talent in Marketing" STOP kissing a$$!

by Anonymous
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Post ID: @nzj+1i3UHtmr

tick tick tick

by time is over sal
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Post ID: @ngg+1i3UHtmr

The share price has not gone above $36 in 3 years, That's a full economic cycle during which the stockmarket peaked, and the IT market has boomed.

DXC has paid no dividend and the shareholders have been hit massively as well as the staff.

Only a few have coined it in "the ex Accenture gang".

Think it's likely that the shareholders will be looking for a new executive as they cant sustain this destruction, under performance and losses in value.

by Anonymous
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Post ID: @lbz+1i3UHtmr

We have hired extremely smart talent in Marketing, IT, Security @ VP levels and we are definitely making progress. Share prices are not always indicators due to various other macro economic and political problems that exists in the current global scenarios.

by Anonymous
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Post ID: @qit+1i3UHtmr

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