Layoffs at DXC will be perpetual throughout the lifespan of the company, which likely isn't going to be long. Various assets will be sold until there's a skeleton remaining, which will be bought out by another company.
DXC is not a long-term play company. Do not plan on making a career there.
Agree with everything @Q2SJAk4-ptz said. People who think DXC is here to stay are naive. Right now, unless you are near retirement, you should be looking for a new job. Anything else is irresponsible towards your own future.