Thread regarding DXC Technology layoffs

Down memory lane... a blast from the past !!

An article from the Forbes Magazine, dated 2015... nicely summarizing the the decline of erstwhile CSC. Makes nostalgic reading for those who saw those times.

https://www.forbes.com/sites/adamhartung/2015/05/31/csc-when-all-else-fails-split/

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| 617 views | | 5 replies (last 24 days ago)
Post ID: @OP+1urjfiw5

5 replies (most recent on top)

A sentence out of the Forbes link. So nothing has changed. Is this the strategy we have been searching for and doubting?

"A vicious whirlpool of destruction started, and things just kept getting worse."

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Post ID: @1fds+1urjfiw5

Buying EDS so IBM doesn't get it was a mistake

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Post ID: @fjz+1urjfiw5

@erx+1urjfiw5- You were in a meeting with M1?!
Who were you pal... must have been L2 or L3 I am imagining.
Good to know that erstwhile people from that level visit this forum.
Yes, CSC used to be a good place to work till Honeycutt was around.... with Laphen, the sycophancy culture kicked in.... NHS happened (or didn't... !! ) and the rest is history.

If I look back, the two pivotal moments that triggered the demise of CSC (by ending the legacy CSC era and helping usher in the M1 era) were the NHS fiasco and the takeover of Covansys. That was a $1.2M lemon with no juice to be squeezed out.

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Post ID: @lcq+1urjfiw5

M1 was the worst CEO I ever worked for. He had no vision or strategy. He hired wrong, he cooked the books, he bought companies to shore up the balance sheet and pushed the problem down the line. When he got really behind he cut the workforce, including people on revenue generating projects. He didn’t care about the company or the people. He was a lot like DJT. He blamed others for problems he created. I was in a meeting with him about 18 months before he got the boot. He complained that the account general managers didn’t know what they were doing and laughed about just having to fire them and replace them all. He simply had no clue about running the company, and was such a narcissist that he didn’t want anyone in the room smarter than him. Problem was most people were smarter than him.

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Post ID: @erx+1urjfiw5

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