Thread regarding DXC Technology layoffs

New CEO - To sell or grow?

Our new CEO Raul has a long history of putting together deals and selling large companies. His fireside chat sounded good and he hit all the right points, but is he trying to damper the fire only to sell off part of the company? Or could these things actually be happening? I must say the new CEO, CFO, COO do seem like three good dudes. Time will tell if their words actually mean something.

Since join DXC I have witnessed more nepotism than one should. As long as you kiss your leads butt and regardless of how terrible your metrics are. You are granted more slack. The utter lack of culture in this place is toxic and filled with lazy people. Although the company does nothing to promote hard work.

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| 1211 views | | 4 replies (last February 20, 2024) | Reply
Post ID: @OP+1r9VGaui

4 replies (most recent on top)

I think selling GBS and trying to use that money to fix GIS is wishful thinking.

They probably will sell GBS (because it is sellable as opposed to GIS which isn't) and then the money will be blown in the usual stupid ways. What then follows is a dismantling of GIS - either but just simple year on year decline which leads to customer exits or by asset stripping it (yet more building sell offs) or a combination.

I don't think DXC management have any capability that would mean the GBS sell off would result in anything else. They simply aren't capable of doing anything with GIS and they won't even try.

One thing is for sure - GIS pay will definitely not increase in any meaningful way.

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Post ID: @1ogp+1r9VGaui

I’ve posted before,

The future of where DXC sees itself and the profitable arms of DXC will be moved to GBS.

Then GBS will be sold or kept on as DXC.

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Post ID: @1ntn+1r9VGaui

Anything that includes networking is doomed, cause they have never done work and always busy shopping!

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Post ID: @1mdm+1r9VGaui

Perhapse this is wishful thinking but I wonder if he's planning on selling off GBS and using the money to completely overhall GIS. DXC bought Luxoft for alone for $2 Billion and its grown sales since then. let's say between that and the covid bubble Luxoft is now worth in the ball park of $4 Billion then add on another $1-2 billion for DXC's insurance and custom applications buisness pretty quickly you get $6 Billion which dwarfs DXC's current $4 Billion valuation. Investors will be happy with the pay day and this would afford raul a nice war chest to overhaul compensation (raises) emphasize employee engagement and fund new growth intiatives in GIS peticularly in networking and cyber security. Presumably after GIS is fixed it can then be merged into something like Kyndryl and create a edge computing powerhouse but to do that you need to fix the thing.

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Post ID: @1skk+1r9VGaui

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