Thread regarding DXC Technology layoffs

Digital Transformation is like HP’s Adaptive Enterprise. It’s all smoke and mirrors.

I worked for Dxc until 2019 it sucked our jobs went to Michigan the did not care about us in Plano god don’t like ugly

stock price is very short term view and not an indicator of where the company is going beyond at most the next few months
as previous comments note, opportunities were missed and nearly 5 years into the "new DXC" its still not one integrated company with a coherent strategy
DXC is not going broke but its also not going forward, when even the management can only hope for a 1-3% revenue increase in 2024 and thats after the further decline the remainder of this year and the coming year - compare that to the growth (now) of its peers
DXC has become to IT outsourcing services what MicroFocus has been for a long time for software products - the place where legacy goes to die (or limp along until no longer needed), and just like MicroFocus it will continue until someone buys it and asset strips the residual elements

Stock price isn't the only indicator on how well a company is doing, this company has been going though digital transformation during before DXC was formed and now after. The company sells digital transformation services and it's been over 4 years and we are not even close.

ML didn't invest in simplifying and integrating the company, which has left it with fewer heads to paper over the cracks, current Mike and time have finally started to invest in simplifying the business, early days but moving to 1 ERP system and continuing to simplify the legal structure will improve efficiency and margin. The problem is it should have been started 4 years ago!

The butchery of Mikey 1 cut very deep into the bone and I am sure he just wanted to close the whole ship down as a loss maker. What everyone says is true, sadly. Any "kids" joining now want a career or a leg up on the ladder for 6 months. If they don't see advancement and prospects they will leave and there's plenty of opportunity now for those starting their career who would rather leave those who are just waiting for retirement or know how to do very iittle and pleading for their payout. Like many I left in the early days when the writing was on the wall.

I only come back from time to time to see what metal of the ship has rusted away and what bits they have managed to salvage and sell off. It remains a good case study of American modern management being unable to read the market early enough and trying to play catch up whilst wearing concrete boots.

When you have people who still call themselves "EDS Staff", and you still haven't fully merged CSC & HPE.

When you've bought a Russian company to provide your global core consulting capability, including to the western defence sector.

When you've lost pretty much all of your top performing staff, and are left with the ones who're counting down to retirement.

When your reputation is so poor that top talent won't come to work for you.

That's obviously the time to start trying to convince potential customers and investors that you're about to start seeing some successes in a business that's been failing spectacularly for a long time. I'd love to see it happen. I'd love to see DXC become the company that it could be. But I don't expect it to happen. The best staff have gone. There's no money to invest. I expect to continue to watch the slow death of DXC. I've already left, as I saw no long term future for myself if I'd stayed.

The transformation hasn’t been completed from csc and es yet either, it’s a perpetual transformation! You can polish a tu-d all you want, it’s still a piece of sh it.

This sets the stage for a recovery in the stock's price should DXC be able to turn its business around and start growing again. BIG question is IF!

We have been DXC for what 4 years and our so called digital transformation isn't finished yet. How can we help other firms with this, if we haven't completed it yet?