I have the opportunity to join DXC in a sales role. I read Glassdoor and dismissed it all, as many people write poor reviews when they leave. I then found this site. From what I have read, lots of redundancies, poor management and steak knives! Is it... — read more
Geniuses!
HPE ES was not doing great, but it was not so bad. CSC had been struggling for years, under an archaic and incompetent leadership. Then some geniuses (who probably made a lot of money in the process), decided that it would be a good idea to merge... — read more
How bad most a company perform before you get rid of the CEO????
It is so suprising, that for all those years Mike Lawrey is still running the show. All those who work or have worked for DXC know that this management is already for years clueless on how to lead into this area. We all know for years it is going... — read more
Stock edging towards $30 now
Down 7% today.
$31 - Stock continues to decline - so much for all the experts saying buy - this is SELL SELL SELL
There is no upside here. it is all collapsing
Time to now start to get rid of KEY employees
How many KEY employees do you really need. Feed there ego with pay and glory but what do they really do for DXC? How many KEY employees do you really need? Time to put the deep filters on and start cutting for the next quarter's profit target. ... — read more
Another Wall Street id--t speaks
https://seekingalpha.com/article/4285318-dxc-technology-falls-30-percent They truly have little idea about the inner workings of something that they put their money into do they? Still he does pull a few nuggets out for us... 1) non-GAAP to... — read more
WFRs are happening
Meetings today. The next WFRs are on their way.
DXC/HPE/HP wake up
It is time that DXC/HPE/HP wakes up and smell the sh– service that is provided via AT&T, thought India was poor service, wow even worse now.
Stock valuation, year-over-year
Today:35/share — year ago, 90/share
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
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
Collapse in stock price makes DXC an easy target for takeover
The vultures will be circling. Lawrie has ruined the company, destroyed the share price but there are still a few tasty morsels on the DXC carcass. A hostile takeover must surely now be the most likely outcome with DXC trading 70% off its peak! Even... — 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!
Buy the dip!!!
There I said it
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
not the board but the shareholders will stop mike lawrie
especially the biggest investors Blackrock and Vanguard.
Why are people happy that our stock went down as much as it did?
All of you doing a happy dance over this do know this means they'll just make sure more people are laid off to both placate the shareholders and reduce the costs in hopes of improving the results for the next quarter? We all know DXC management... — read more
Mikey bought 10,000 shares at $49 on 8/6; how do you think he is feeling today?
His purchase cost was 495k; today they are worth about 350k; a loss of 145k! Hallelujah!!!
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
...and the Q1 results have made The Register.
https://www.theregister.co.uk/2019/08/09/dxcq12020/
This analyst has absolutely NO idea what he's talking about
https://www.thestreet.com/investing/a-drop-in-profit-margins-at-dxc-technology-15051777 This guy is a joke.
Time to go?
Currently trading just over $35, a significant drop, is it time to clear out the deadwood at the top?
Stock down 30% after earnings miss
I just heard that there are going to be a lot more layoffs next week in the US because of this.
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?
Mike has stopped hiring worldwide ?
it seems its impossible hiring new staff, even if you win new contracts.
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