Thread regarding DXC Technology layoffs

DXC Q4 Earnings Call - What a Shambles

So the stock price tumbled some 20% following the Q4 figures, No surprise really. What does surprise me it's taken Wall Street this long to work out the guys running this company are incompetent.

Out of interest, I asked ChatGPT what it thought of DXC's results and performance. It's response was predictably reserved showing a "mixed picture".

For example, despite the positive EPS, the decline in revenue indicates underlying challenges; "Key issues indicate a contracting client base and intense competition in the IT services market".

It then went on to recommend a series of steps that could be taken to improve its performance; these were predictably generic.

What do folks think DXC can do to turn this ship around from the increasingly stormy waters?

by
| 1644 views | | 6 replies (last ) | Reply
Post ID: @OP+1sAiLti6

6 replies (most recent on top)

Friends, the next stop for DXC is the Knacker's Yard. Some of us will win and some of us will lose in that scenario. Just be prepared.

by
| | Reply
Post ID: @1yrg+1sAiLti6

Can drumgoolam help? Or he is just hot air??

by
| | Reply
Post ID: @1oax+1sAiLti6

AI and DXC is an oxymoron. Service desks don’t need AI , they need technical people who understand problems and can fix the root cause. I am so sick of AI assistants that can’t help me!

by
| | Reply
Post ID: @1tjv+1sAiLti6

I agree it’s defend because they can’t grow selling what nobody wants anymore or there is price competition that eroded margin. Cloud is a great example and the muppets at the top had no strategy to deal with that. Insurance is a prone example but is still stuck in legacy software era built in the 80s and far from contemporary in this low code/no code era. Though if the pig is fattened enough it will be sold to prop up executive pay days. That is the problem right there; it’s not about building a business. It never has. It’s about exec snouts in the trough. None of them unfortunately know or care about anything else. So let’s not sugar cost it. And NO there won’t be any pay rises.

by
| | Reply
Post ID: @1phf+1sAiLti6

DXC carry toomey managers and associated process, this ship can be fixed easily if they want to.

Once thelayers are cleared the product life cycle and delivery will be much more efficient. You can see kyndryl have alot less manager overheads for the same turnover.

by
| | Reply
Post ID: @1rzd+1sAiLti6

We are at the point, where we need to "Defend the Castle and prepare for a long siege."

We need to protect our anchor clients in insurance and beyond. This way we will have something of value that we can use to barter our way into our next phase. With key client relationships, DXC could be an attractive merger partner or takeover target.

So get ready. This is going to be a war of attrition as similar IT companies (looking at you, Kyndryl), fight for our clients while reducing costs through AI and labor arbitrage.

by
| | Reply
Post ID: @1arg+1sAiLti6

Post a reply

: