Thread regarding DXC Technology layoffs

Same ol BS, the analysts know too

Top managers get paid well for sc--wing us employees, then get fired when it becomes obvious, rinse and repeat!

Bryan Keane -- Deutsche Bank -- Analyst

Hi, guys. Thanks for taking the question. Raul, maybe you could just help us understand how your restructuring might be different than many of the CEOs that came before you that had a lot of restructuring as well. It seems like every five years or so, a CEO comes in, looks at the business, and restructures it.

Just trying to get a sense of how maybe your plans might look different than what we've seen over the last few decades at CSC and now DXC.

Raul Fernandez -- President and Chief Executive Officer

Yeah. OK. Great question. Thank you.

I know that, as you've mentioned, in the short history of this public company, there have been previous restructurings. But as someone who just got here and have really spent a lot of time operationally looking at our systems, our processes, our entities, our distribution of head count, it's clear to me that the previous restructurings did not set a real, clean, solid, fully integrated baseline for profitable growth. You can look at that in multiple ways: number of systems still in place that were acquired over time, never integrated, never deduped; number of business processes that got stacked on top of each other; number of legal entities. I think anyone that came in would look at the previous work, and again, I know the history is there so I'm not running away from it, but I can tell you that this is a real reset.

It is bottoms up. It is a strong foundation to go from and it is absolutely needed because otherwise, we just continue to carry a really not fully functional organization that can take advantage of the opportunities that we have.

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| 1221 views | | 8 replies (last May 18, 2024) | Reply
Post ID: @OP+1sz1VxHM

8 replies (most recent on top)

I wish a so called analyst would have to ba--s to call out the board and executives. Do they look at posts on this site , Linkedin of employees complaining, NO. It’s all utter bull 💩

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Post ID: @1qas+1sz1VxHM

Please fill in your timeshiiiits in dxc time, etes, ETICs, eetime and on paper.

We do not want to have revenue leakage.

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Post ID: @1yao+1sz1VxHM

I read the transcript. What a terrible call. Was the overview of DXC for the analysts and shareholders, or for the CEO? Sounded more like a book report. What a waste of time. No new information. Several point of pure fiction. Security is NOT integrated into the offerings and that is one of the problems. Share price down because people are finally realizing the leadership has absolutely no strategy. What’s been worse is any strategy is they do come up with is not shared with the rest of the company, which means employees can’t really contribute to it’s success. Employees all working in different directions, guessing at the hat the strategy is. DXC still has a leadership problem - there is no real leadership.

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Post ID: @1urb+1sz1VxHM

I like to keep it simple. You can keep changing the jockey but you can’t win the Kentucky derby with a 3 legged donkey. You need to invest in and train the winner. DXC can no longer do this, even if it ever could. Though they are milking every last penny out of it for themselves. This is especially so in Asia-Pac and how many snouts are in the final trough of despair. They simply don’t have what it takes, and never did.

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Post ID: @1mkj+1sz1VxHM

In that case, let's vote for Mary to run the company. Hail Mary! Long live the fearless leader.

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Post ID: @lgd+1sz1VxHM

Great question. Stock answer.

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Post ID: @dog+1sz1VxHM

Let the good times roll DXC.... My favorite is a guy who has been on the board for years, helped pick the last guy,,,, and now saying give me time cause I am new and only here for 5 months. LMAO... Are you kidding me?? He has had a front row seat for years and not lifted a finger to help. He clearly is past his prime and knows absolutely nothing about the SI business.... Maybe now that he is paying himself millions a month (look at the 8K) he may actually do something meaningful... Hey board members.... way to go!
Just because he made a bunch of money before the internet was born does not make him capable of being the CEO for DXC.
The analysts are not fooled at all.

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Post ID: @zlx+1sz1VxHM

It was a good question.

The main reason for the lawrie chaos was simply as a decoy. It was never meant to work. Just gave him longer with his nose in the trough.

Salvino didn't do much though. Changed a few faces for his mates, tinkered a bit. The man was seriously out of his depth.

Today... Raul, well we won't know for a while but I don't think so far he's got what it takes to start the job and finish it with a good plan.

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Post ID: @cau+1sz1VxHM

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