Current corporate “culture” is to not give a cr-p about the future of the company. For as long as the leadership and shareholders can cash in, it doesn’t matter what the future brings. If share buybacks can be supported, all is fine. Companies are just the short-term means to an end. That’s why there’s no vision, no effort or thought ever invested into reorganization, nor any worries over incompetent mgmt. Well, for as long as they deliver on the above. DXC suffers from this culture as well. So it may drag on for a while. For how long, nobody at the top really cares. Product, employees, clients - all not important. When company is hollowed out, they will just move on to the next prey..
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DXC is well and truly the poster child for this attitude. $6B+ on share buybacks to leave the company valued at $4.5B, plus hundreds of millions in exec bonuses for halving the company in just 6 years. Only surprise is the incompetence (due to greed) of missing out on selling for $10B twice in that time (and missing out on significant further bonuses).