https://www.theregister.com/2023/03/07/dxc_technology_says_buyer_interest/
8 replies (most recent on top)
@1dtr+1lwqrF7x
"I would say our customers have voted and they don't want India working on their account."
Paradoxical... ain't it? The same customers , after kicking DXC out, are flocking to the doors of Indian pureplays such as TCS and giving the business to them... where, if anything, there is way more "India" than there has ever been in DXC.
"India" is not the reason DXC is losing business.
As for "unionized high cost" locations, if you are referring to European jurisdictions, a lot of profit making companies in the IT business do operate from there... under the same challenges of "union" and "high cost"... but still manage to do quite well.
The problem is elsewhere.
Employees are seen as a "cost"... and not as an "asset".
It sure does take time to fix this. It's been almost 20 years since they started offshoring the jobs to India and other low cost countries. I remember when I started at the company an executive told me to always remember that companies vote with their $s. Based on the DXC's continuing revenue drop year after year after year, I would say our customers have voted and they don't want India working on their account.
Actually it is not a dead duck. It is a company which has quite a lot of entitled, unionized, high cost locations where in margin is negative and attitude of the employees in horrendous. The management is trying to fix that and it is hard work and will take some time.
Poor Shouty. No one wants to buy the absolute dog of a company he's created. Now his shares in DXC are going to continue their freefall - likely all the way to zero.
Karma's a bi-ch, isn't it?
If dxc is dead duck, then all employees are fleas!
They only wanted the insurance part anyway not the rest of DXC.
Nobody wants a dead duck
I beg to differ. My local Chinese restaurant does magic with them
Nobody wants a dead duck