Next round of Layoffs in DACH for Security. In other words: no growth = layoffs.
Is that a suprise? Don't think so...
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Hold on. Security is one of the major growth areas, with lots of demand. So DXC is even cutting in an area where everyone else is growing?
The leadership of that company has truly lost the plot.
An abbreviation DACH stands for D — Deutschland (Germany), A — Austria, CH — Confœderatio Helvetica (Switzerland). Therefore, it refers to German-speaking Europe.
It is better to be cutting in areas, where there is no growth and regions that are expensive. Please save the people who are in the engine room and working hard to make a living. Essentially fire half the guys who come to this site and bash the company, when it is trying to get back to profitability.
DACH region? What countries in EMEA constitute it?
There is growth for security with a BtB of 1,21 according to Q1FY23…Slide 15.