Got some Kyndryl shares exactly a year ago and they have gone up from $8.6 to $17.8 per share, up more than 100% in the year.
How's your Mike doing? With all them buybacks the DXC shares must be around $60 soon. Or is he Milking the
company dry?
6 replies (most recent on top)
The gang at DXC have one aim, they say we can make annual savings of x Millions and we can deliver on that every year, until the company shrinks to nothing.
We don't do growth, the ex Accenture gang and especially the lower managers have no skills or focus in that, they are skilled in managed decline and closures.
The testimony is 5 years of feffing employees over and decline compared to Schroeter who said below and further delivered this quarter. Schroeter aims for single digit growth unlike Sally who said double digits and linked it employee pay raises to 4uck them over knowing that this was unachievable.
Very clear the DXC managers aren't up to it. Whilst Schroeter growing Kyndryl.
Previous quarter August 2023
‘Basically we’ll make money not only this year, but we’ll make money on an operating basis from here on out. We feel very good about our progress on each of the elements that leads us to that high-single-digit profit margin that we’ve been talking to the world about over the medium term. And I think this is a great quarter, a great start. And our strategy, not only is it working, but it’s clear it can work to turn around this company and get to a stable revenue growth and a much more solid competitive level of profitability,’ says Kyndryl Chairman and CEO Martin Schroeter.
The problem is there's too many managers with thier little empires. Your only allowed to deliver within thier empire, if something slightly crosses the limit they would rather see the company fail to deliver to the customer than deliver as its outside thier empire. You get 5 managers on a meeting when it only needs 1, clearly need to book to something. The management layers are so wide nothing gets delivered. One set of managers say one thing and another stop you from getting new business as it doesn't fit thier World.
No managers are interested in selling to customers, they are just interested in cutting internally. I've seen the tell customers to leave as it doesn't suit thier targets.
I can't see things changing when a large part of the level leaders behave this way, and delivery line managers are the worst, totally useless.
Streamline, 2 layers need chopping out. This will make fir clear direction of progress and communication, customers will be much happier.
@1wfo+1pB75zSl
What planet are you on?
What are you smoking?
No backup in production required. Platform X has the intelligence to never allow an error to occur. Errors are relegated to history with AI-infused Platform X.
DXC 1 year down 21.81%
No wonder they can’t get anything done. Project I was on when I retired a year ago is at the same place as it was when I left. Not one backup in production
Going to the moon boys