Wall Street predicts that DXC Q4 revenue will DECLINE by over 15% when DXC announces results on May 23. No surprise to any of us left in sales since we all know ( at least in the USA) sales leadership and strategy has been in chaotic and miserable state for over a year. Sales does not even want to call on clients since they know DXC cannot deliver what they sell and have zero faith in DXC since its a company without enough motivated employees. Let's all listen in on the May 23 call and watch how ML and his CFO spin the message. ML should find a job in the circus; he's a clown!!!
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https://walletinvestor.com/stock-forecast/dxc-stock-prediction $17.302 within the year #ISeeDXC
Yes ML is a clown , have you ever looked at his chin ? Once you do , you will see where the LOGO DXC came from
Mikey is over-qualified to be a clown.
I'm still waiting for the results from the Employee Survey. Been over 6 months.
Glad I sold that c-ap at $92 a share. Best decision I ever made.
This will cost some jobs, in addition to the one last week I imagine.
Yes revenue declines when you don’t allow hiring for direct billable revenue generating positions. The Twats refuse to figure that out.
mischievous and deceitful
chicanerous and deplorable
CSC used to hover around the $66-69 per share with 60% of the staff that DXC have now. Shedding 40,000 staff seems to have made the stock price worse. Who'd a thunk it?
DXC hover around the $56 mark, since losing a lot of client and investor confidence in their ability to manage and deliver service whilst taking an inordinately long time to sort out their internal costs and in-house squabbles and knee-jerk sackings.
DXC 'x' is a force multiplier. That means it can take a fundamental operational problem and multiplying into a global catastrophe with undesirable client impact. The routine legacy work is farmed off to low-cost countries who were not born when these systems first started going wrong and the digital offering take-up is not as fast as it needs to be, despite the paid-for white papers and vaporware.
OK, arguably the DXC 'ship has now turned, but its facing the shore and yet continues to speed- crash into the dock! The operating model has changed numerous times; the data centres have since been ditched in favour of partnership hosting, only for DXC to change its mind and start procuring them again in the hope that clients think they will get a better hosting from DXC than Azure or Amazon Web services upon which they said they were no longer going to compete with. What next? "People who bought DXC services also bought this rope and this chair!"
My advise to clients is not necessarily to reject DXC outright, that would be churlish and unprofessional of me. But I would say to fully assess the risks; use other client references; ensure your contract is water-tight on communications, deliveries, escalations,agreed and fixed skillsets, a phased-approach and make sure your penalty payments truly reflect the cost and impact to your business if the service doesn't meet contracted need.
Please, please please, do not go into DXC without first being clear what you want and do not be swayed with expensive cloud blurb. What might sound cheap can actually end up costing you more in the long run that your old steam-driven on-prem stuff.
Go into any DXC contract with your eyes open. After all...
Right only Mike Lawrie and his NEO's get merit (or otherwise) pay raises, bonus and such. I say F -them. I get great reviews every year but no nothing, no pay increase, No paying for my internet, no paying for my phone which I still need for support, no office supplies. F-them
#ISeeDXC please on any post about this company that is going downhill and is useless add the tag #ISeeDXC so it trends
Makes me laugh every time I hear some company wine that the made only 85 million instead of 100 million ... unless the cup is completely full, let’s wine .
Maybe if they shared some of that 85% profit they did make in revenue, by acknowledging the staff that gave them that revenue , they might gain some respect which is priceless.
But that won’t happen .
They are who they are .