Thread regarding DXC Technology layoffs

Well said

You could argue that any decent person would say "I am leading pay restraint myself and slashing what I take out of the company personally" - its a common thing amongst UK PLC's at the moment.

On the other hand, Mikey no doubt would have the view that his pay levels are a broadcast display of the success of DXC and that to back down on his pay would be a sign that the company was in trouble.

Of course, it is in trouble but that trouble is largely self inflicted. Its not as though the company is loss making. But very high profit levels are never enough, no we have to push for more. Sadly the sensible way to push for more would be to genuinely market something people wanted to buy and deliver it flawlessly. Instead we have "success" that is epic fail level resource cutting and share buybacks.

All in all, that perfectly describes an entity purely concerned with share price manipulation and nothing about a functioning IT business. The "business" exists purely as a smokescreen.

I'm sure sooner or later this will end with a SEC investigation.

Excellent point, posted by @ZC5lcCF-1dyv.

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#ISeeDXC

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