mark this post! this will be dxc last financial year. it'll be bankrupt next year. thanks to mikey!
27 replies (most recent on top)
WRONG AGAIN!
With the change in leadership in late 2019, I personally sense a change in attitude where the goal is to grow the company based on its strengths and not to manage to the next quarter's P&L. I genuinely enjoy the people i work with from China to India to Bulgaria to France to the UK to Mexico. Great people with great attitudes. Everyone wants more resources, time and help. But that is Just like every other company in existence. I fear these forums will always draw out the worst and most immature of responses.
the management is joke. Seriously a joke. it is a racist company also. Most Racist company till date. Does not make a difference if there are so many good white people.. What matters that One racist can k–l career of so many Non-white..
DXC stock is at $16 a share down from $85 in 2015. Mike Lowery ruined a good company
I've supposedly been hired by DXC Technology this last week as a, work from home Data Entry specialist.... Don't know if it is legit or not, up to this point it's felt legit though. I'm supposed to start my training sometime this week though so I suppose I'll find out. I sure hope they don't go bankrupt though since this will be my first, work from home job opportunity & I definitely am in need of some income again finally... From the looks of these posts, however, it seems like they're spread out over quite a bit more time than the year that the original post predicted so I'll keep my fingers crossed. Anyone else work at DXC Technology from home like Data Entry or anything like this? Just curious.
Morally bankrupt, indeed. Known employees participated in infidelity.
3 Years on and still going?
Obviously wrong. The post was 3 years ago and they are the 9th largest IT Outsourcer in the world.
You could say the DXC Board is morally bankrupt.
stocks are being dumped ... that's the sign! just wait for it!
Well....its been a year and they're not bankrupt. Oh well....
Well they're still here for now... Lots of BS profits reported recently but they'll start to decline when some reality sets in. Next quarter reporting will tell a different story. A big client will leave mid next year and things will start going South soon after that. Expect lots of redundancies world wide mid next year as the panic begins to set in.
I've worked for DXC (CSC) for a long time and things are really getting bad now. I'm looking for a new job but a big part of me wants to hang around to watch the whole saga unfold. No pay rise for 4 years and I don't think we'll get one this year... But guess what. The upper level managers gave themselves a big bonus recently. I remember the company I worked for before the merger. It's is not the same company now. The mid level managers have surrounded themselves with sycophants. Meanwhile those same mid level manages have recently retrenched hundreds of people. How can they look at themselves in the mirror?
the modern day IT titanic steered by mikey! no romance though!
On the bright side Mikey and his management team won't be bankrupt. He should run for President.
I don't know about bankruptcy, but it looks like DXC is little more than an asset stripping exercise, so it's unlikely the name will last much longer than a year.
Not agreeing with the premise of "bankrupt in a year" but DXC, as a result of a merge of two weak companies, does have some challenges moving forward.
Got this from Investopedia - http://www.investopedia.com/university/mergers/mergers5.asp - fifth article in a series of mergers and acquisitions. Some observations from the article...
"...companies often focus too intently on cutting costs following mergers, while revenues, and ultimately, profits, suffer. Merging companies can focus on integration and cost-cutting so much that they neglect day-to-day business, thereby prompting nervous customers to flee."
"When a company is acquired, the decision is typically based on product or market synergies, but cultural differences are often ignored."
Not saying that DXC won't go bankrupt but considering the issues with the first two quarters of the merge, rough waters a still ahead of DXC for a while to come.
Good luck with your choices.
The stock price reflects only what investors think about a company. Investors typically do no work at this company nor talk to their clients or employees. And: Look what had happened after official trading hours on Friday... It's all a matter of time. Punish your friends continuously and after a while you will stand alone with all your problems...
Forget the negative comments.. the DXC stock price has just zoomed to $85.
I don't believe in the company neither and will walk out as soon as I can. When I do not believe in it, I can not work for it. Need to have extra-energy from motivation if I want to perform well.
Agree with this...I remember telling my Idiot Manager that CSC UK where just letting very, very talented people just waltz out the door...the dic---ad just shrugged his shoulders...They let the good people walk away, or can them, and keep the knobs around that kiss the most a$$! This is why DXC will fail in the long run, so yes, I agree...I'll mark my calendar then for 2018, and celebrate the demise!
It's not just the p*ss poor service; the mid-size clients are not happy with (I know because they kept complaining about it). Still, give them a service credit, like a voucher to spend in the same shop and that might keep them quiet for a bit. The diplomacy skill level of a CRM should be a rated competency, trying to defend the indefensible.
When the captain at the top goes mad and enjoys steering the company ship at big pointy rocks all of the time, those who are left to placate the client passengers find themselves telling the client that releasing more total spend on new enterprise technology will lower total cost of ownership and gain benefits from scale, blah, blah, blah, bullsh*t.
What really gets the client is that they remember paying less for a much better service in 2015-16 and just love to remind us about that fact.
Yeah, yeah, it's not our fault, mate - the Captain's gone off his rocker! Even we don't know what rocks are around the corner.
Put Mike in charge of a lighthouse, he'd still turn it off before he went to bed.
More likely than swift bankruptcy is a decline over the next couple of years, followed by a purchase of what's left by one of the Indian outsourcing companies.
Holding on for the company to sell off the good profitable long term contracts like the one I support. Happy w actual job/pay and team .....horrified by DXC's employee treatment.
Seems very likely. Too many experienced IT professionals kicked out ... replaced by inexperienced staff. Customers increasingly dissatisfied with the p*ss poor service. Many unpaid suppliers threatening legal action. Brown stuff will hit the fan soon, but probably not before Mikey and his mates have swanned off with the swag.
Yep. It's mesmerizing like a colossal and inevitable train crash.
Agree 100%...