Thread regarding DXC Technology layoffs

DXC buys Atos

Atos has now a valuation of 205 M$. The revenue is still arround 10 billion $.
And the best is, they have 110.000 employees, which can be layed off.

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| 1391 views | | 4 replies (last March 22, 2024) | Reply
Post ID: @OP+1rEFazIK

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ATOS buys DXC (this time)
DXC now has a valuation of only $3.84B. The revenue (for now) is still above $14B
And the best is, they have 130,000 employees, which can be laid off and no government protection

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Post ID: @1fvv+1rEFazIK

Why post utter bull sh-t ? There is enough of that going in the world already

Why post where jobs can be found and stop complaining about no merit pay increases as we all heard it before and it’s not going change

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Post ID: @udm+1rEFazIK

You could buy them but they have contractual liabilities you would assume by buying them....

There's a reason why they are in a mess and the share price is only a reflection of that mess. Underlying it they are tied into contracts (customer, employees, buildings...and more) that cost more than the revenue they make.

Sound familiar? I'm looking at you GIS...

Plus another factor is a lot of their business is French government/military and the French won't let a foreigner buy it. It's why Airbus were (probably forced) into looking at buying one half of Atos.

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Post ID: @hqv+1rEFazIK

Just for clarification: that is not a rumor. That's just idea one can have when looking at the share market.

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Post ID: @day+1rEFazIK

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