What would make DXC better:
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ML allowing his so-called 'senior leaders' to actually lead. At present they are managers implementing his instructions rather than leaders.
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Having an actual strategy, i.e. a medium term plan to achieve a major goal. "Sell more 'Digital' stuff" is NOT a strategy.
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Build trust within the workforce.
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Realise and accept that there is a cost to doing business.
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Cease the relentless cost-cutting and accept that you cannot cut your way to prosperity.
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(Follow on to (5)) Cease the madness that of travel approvals that mean a £5 travel expense has to be approved by an L3 Manager. Of a 130,000 employee company. (True story).
This is easier said than done, but I tend to agree with @WcXzrmD-1bkz that the company would do much better if such changes were implemented.