Topics regarding layoffs at DXC Technology

Topics regarding layoffs at DXC Technology

DXC Next Steps

So funny!! I bought Jan 2021 $90 puts a year ago! Worked here for a few years and had no idea why the stock was trading at $90. Felt it was being uplifted by either "fuzzy" financials or just being uplifted by a strong overall bull market. Some... — read more 

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| 1532 views | | 1 reply (August 14, 2019)
Post ID: @OP+10wFsAuv

Is DXC going bankrupt?

Following on from this "There is $11.12billion in debt for starters - greater than the current market capitalisation." Whilst the management response is cut, cut, cut and the share price keeps diving, the debts remain constant.. At what point... — read more 

So...

when will the layoffs start to compensate for all the loses? Do you think they'll at least wait for this week to end?

Next Round of VRs / CRs

With the tumbling share price after last weeks Q1 results, whats going to be the fallout in further redundancies. I haven't heard anything yet but am expecting another email to land offering VR or most certainly ... you are in a pool ....... Anyone... — read more 

Don't buy the death spiral!!!

There I said it! Apart from a possible "dead cat bounce" the market is now onto Mikey's "Ponzi scheme" and there's no way back for DXC. We all now how chaotic things are on the inside and the lipstick has been thoroughly washed off this pig!

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| 1030 views | | 1 reply (August 13, 2019)
Post ID: @OP+10wemnfA

DXC Class Action Lawsuit

Gibbs and Law Group to investigate potential securities law violations to bring about a class action lawsuit. They're wanting investors who have lost money in DXC stock as a result of this latest sell off. Seems like more headwinds are... — read more 

DXC stock dives again to 33 today

Great news since we all hate DXC and Sr. Management. I would think they are in their “War Room” deciding how to deflect the options of having the shareholders and Board terminate Lawrie and his staff. They always had a war room to decide on how to... — read more 

Is there any way backJ.

Genuinely concerned for the state of the company, and I can't see how any bounce-back is going to happen. It certainly seems like the market had seen Mike for what he is: a conman lining his pockets, and pedling lies. The infuritating thing is... — read more 

Mickey Mouse isn’t going anywhere

All the suggestions that Mickey should walk are from normal people, however the analysts still don’t see it. The 32% drop wasn’t anticipated if you were on the analyst call. And already some funds are buying in at the lower price. If the... — read more 

Dear John Letter

Dear John, It became obvious on last night's earning call that you were wrong and your plan is still failing even into the results for the rest of the year. In the quest for ever greater shareholder value (and thus your pockets), you have dealt... — read more 

Time to go?

Currently trading just over $35, a significant drop, is it time to clear out the deadwood at the top?

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| 1670 views | | 9 replies (last August 9, 2019)
Post ID: @OP+10sHuofL

Earnings call, shear embarrassment

What a sham? Listening to it you can sense they are clueless. What capable ceo answers a question like”what’s the message for your people” with “same as what I am telling you”. He is out of sync with business reality in this day in age. Go listen to... — read more 

DXC's only successful Automation?

Has Bionix(tm) replaced Mikey? That Q1 analyst call was almost identical to the previous ones. Has someone used AI (artificial idiocy) to do these calls?

Middle management layoffs are next!

If you listened to the earnings call, Mike made it clear that layoffs will continue as they haven't laid off enough people. Only 3900 in the last quarter. He said there is a lot of opportunity to save costs by getting rid of middle management. ... — read more 

DXC Spartans

I've been out of DXC for a year - are they still droning on about Spartans then?

DXC stock drops below 50....again!

Market up today but DXC is getting knocked down. Heard that revenue may be down by 10%. Wonder how Mikey is going to BS his way thru the Q1 results? Bad start to the new fiscal year for Mikey and his crew. Maybe the analysts are finally catching on... — read more 

DXC culture now reached 'F' rating

Just another site for night time reading and a site that potential candidates might review before deciding on whether to join a company or not. It is similar to glassdoor but with more analytics, reviews from different levels and perspectives... — read more 

Who does he think he's fooling?

IS this him trying to build confidence in DXC stock? Yeah, I don't see this working... *DXC Technology Co (NYSE:DXC) CEO John M. Lawrie acquired 3,300 shares of the stock in a transaction dated Friday, August 2nd. The stock was acquired at an... — read more 

Glassdoor doesn't make sense

I'm looking at DXC on GlassDoor; specifically the ratings: https://www.glassdoor.com/Reviews/DXC-Technology-Reviews-E1603125.htm I truly don't understand how the employee rating of this company can be increasing over time; there must be a lot... — read more 

DXC stock down 5% today!!!

DXC stock down today by 5%.... how low it will go? Maybe the analysts are figuring out what we all know; it’s a dysfunctional company with low morale and no future. Listen to August 8 earnings results for the last QTR to see how Mikey and Pauli spin... — read more 

What is happening at DXC Chesterfield ?

Hi folks, found this site via google. I have noticed over the last couple of mornings that Manor Offices car park is even emptier than usual. The Derbyshire Times reported job losses were imminent but I thought that would take at least 3 months.

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| 1380 views | | 4 replies (last August 2, 2019)
Post ID: @OP+10l7pAlL

More Cuts, Less Revenue

We lost a third of our staff in the last round of cuts a few months ago, and some of those that were on the RIF list were people who were on billable jobs. We just got handed a new list that's supposed to k–l off about half of the positions we have... — read more 

Once Negative sentiment gains traction - game over

A little bit more to go but....... https://walletinvestor.com/stock-forecast/dxc-stock-prediction Historical index on US Stock Market: C "Should I invest in DXC Technology stock?" "Should I trade "DXC" stock today?" According to our live... — read more 

I really wish I had their confidence

DXC Technology is in the process of transformation from a legacy IT solutions vendor to a digital one. We think that Management will execute on this strategy and turn DXC into a growth... — read more 

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