He had just under 3 years, turnover went down from $14billion to $12billion. Share price down from $24 to $9 staggering -65% decline.
AI dream not producing any revenue, employees underpaid, Execs doubled their pay, layers of useless people given fake roles like Cumhire, Danny, and others. Its become a joke.
Wall Street is fed up of next quarter, next quarter excuses, never generating revenue. Bye bye Rahul you did very well out of it.
Welllll…. Shocker.
Pick me. I've not contributed much for 18 months now. I've asked to go they say no. I'm not sure what it is they think I still know that they might need. I'm pretty sure I've forgotten and can't help. But as long as I can basically do nothing and collect a wage. I can be patient I guess. But it's still annoying. Ready to move on. It won't be back into IT.
Did anyone else catch Del Bene saying in the analyst call that Q1 FY27 will also see a very sharp revenue downturn and that they’ll push hard to improve margins starting in Q2? Your name might already be enjoying an all inclusive tour through a few Excel sheets and email threads labeled “margin improvement opportunities”.
"DXC won 32%... we lost 40% and roughly 28% remains outstanding." (President, CEO & Director Raul Fernandez)"
Sums it up losing most of the bids, outlook also negative. Raul only got a few weeks till the next qtr to change this around. Looks like a recruitment freeze as can't afford to pay layoff, pay of debt, and bigger buyback as price is very low now. Only way i can see him hanging on in the short term.