When can we expect the years financials to be announced? When can we expect the ole two watches cringe video??
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In the years I worked for EDS HP we always managed to do some financial engineering at year end to meet the numbers. We then had to focus on how to do the same but with the reverse impact to keep any bonuses and raises to staff at a minimum. I was constantly let down by the lack of honesty in staff bonuses and increases. I have even attended meetings where the HR people were complemented on giving guidance to various managers and directors leading to work force reductions without having to pay any redundancy. Basically, just make the employee feel very uncomfortable. It was actually a disgraceful company to work for, with very low morale and from my ongoing relationships with DXC employees, it has in fact become worse. Getting rid of some of the management is a start, but DXC might have such a discredited reputation, that it will not be able dig its way out beyond the financial engineering at year end. Eventually it will catch up.
1st week in May , right around the time the review process is done and we all get bonuses!
.......................................................................................................................................................................................................................... NOT ..............................................
Estimated it will be 05/24/2018
Need some time to think about some positive spin.
The quarterly numbers in FY18 were announced 5 weeks after the end of each quarter and I would expect something similar for the end of year results, so first or second week in May (perhaps).