Thread regarding DXC Technology layoffs

@1lfx+1nSEhnAI I am well aware of that but if you are wrong if you think HPS and EDS where perfectly intergrated. There was minimal integration between HPS and EDS they even continued on to fly the EDS flag at all of their facilities. EDS was used as a platform for shoving through HP hardware while doing massive employee headcount reductions.

@1ebw+1nSEhnAI - DXC did not buy EDS. It was bought by HP decades ago and perfectly merged into HP Services (the outsourcing division of HP). You really are a d-mb investor. Atleast you are honest about it. You are really qualified to join our board. What would you like as Joining bonus - take your pick.

FYI I am far from an expert on this but this link seems to suggest they have €800 million in 1% loans

https://dxc.com/us/en/about-us/newsroom/press-releases/09022021

Oh something I forgot to mention. The DXC managment team has been saying they want to aquire another buisness similar to what they did with Luxoft/EDS/xchanging. That's why you are seeing an elevated cash balance. I'll leave the interpretation of this up to you but be prepared for that.

Playing devils advicate but total debt is more along the lines of $12 Billion. Presumably they are paying some sort of interest for their $5 Billion in current liabilities (I could totally be wrong about this). Either way interest on total debt works out to be about a 1.7% interest rate. Which seems more accurate since DXC is rated as investment grade and they did refinance durring the interest rate lows of covid peticularly in europe where rates where even lower. (I can go look up the rate for the debt they issued but honestly im too lazy and 6% logically seems way to high). Either way this is still a large improvement from $20 Billion in debt back in 2020. Furthermore if DXC is legitimately undervalued then the share repurchase is a very logical way to take advantage of this. Obiously from an employee standpoint it's better to get more money but they're looking out for the investors. Maybe it's fundamentally wrong to prioritize the owners of the buisness. Maybe it's wrong that the employees don't own the buisness to begin with. These are philosophical questions I won't try to answer. But the managment is acting rationally so long as they believe the stock is undervalued and they want it to go up which I think is an easy argument to make for a numbers perspective.

This is where they need to focus, with $1.8billion of cash sat in the bank they are lazy not chasing customers for payment to reduce the requirement for large working capital.

All the focus is just on cutting. Good Finance management doesn't happen.

If only they had some decent managers this company can be fixed easily.