Amigos, i did it again, Turnover has gone below $12 billion, book to bill below 1, fcf i included the TCS payout to confuse them. Had them cornered used the usual project delays, execution could be improved, more severe employee cuts to follow decline, i have brought in Paul who will fix it. Im just loving the dream, off to buy that yacht and Ferrari. Oh pay rises for you next year, i mean sometime next decade haha adios amigo.
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Roool Just waiting out his $47m retention payment and Paul standing ready to step in and get his pot of gold at the end of the rainbow. The lucky wee leprechaun.
Lucky for him, unlucky for the plebs.
Rough times ahead for the workers.
IT is a declining market. It has been near impossible to change anything in the corporate world for years. The only work going on is people adding more macros onto spreadsheets, and they can do that for themselves with AI much quicker than it takes to even get a password change out of DXC let alone an estimate for a project. So that's generally how it's all done. We will continue on a long slow painful runoff. Even when the clients don't need us they seem to keep us on just incase they need us. So either sit tight and hold out for your redundancy, or get out of this industry as quickly as you can. DXC is not the place to practice modern IT.
Nothing changes the incompetents can grow the company, come out with all excuses and the only solution is to make more cuts.
Paul T is just more delaying tactics, Rowhull has to go, he doesn't work at DXC anyway, nobody sees him or hears from him.