Thread regarding DXC Technology layoffs

@11f The issue is getting the work in. The company is rolling out endless different AI companions. If only we had anything to do, and were allowed to just tweak client systems to improve them! I'm not alone, we're all just twiddling our thumbs waiting for something to do. Most places we support have about completed their digital transformation. We're not needed anymore but nobody will admit it and we're kept as insurance. It's now been so long since I touched the system - I can confidently say - when I'm needed - I will have forgotten.

We are an outsourcing company. You want someone who does IT. DXC has people. It will charge them at market rates, but pay them peanuts. Thus expect little motivation. Some know there stuff, but most decided it was pointless trying and just want a VR long since back. But if your still running legacy it's about your only choice, as everyone else in the industry is not interested unless it's AI.

DXC has a long history of latching on to that next big technology thing, usually a little bit late, and way under investing. The execs think that talking about it is all they need to do. The rest of the company will magically make it real. The observation about DXC leaders mentioning mostly operational metrics is spot on. They lack the industry expertise to enable technology to improve the customer’s business. They have no real strategy or leadership. Just a lot of talk, send a bunch of people to training, and hope something clicks. Strategy needs to have real actions, real investment, and have some line of site to business outcomes as a result. It can’t be just hope it works.

DXC has spent years promising that its next strategy will return the business to growth. First it was restructuring then cloud then digital transformation and now AI. While the vision has changed DXC's results have not. Revenue has declined for years execution has consistently fallen short and the company has consistently lost ground to competitors like Accenture, IBM, TCS and Infosys.

DXC's AI strategy is not unique and it is trying to execute it from a position of weakness.

Nearly every AI metric that was quoted in the investors call was operational - eg faster threat detection, more deployments, shorter pilot cycles and engineer certifications. None of it showed how AI is improving DXC's revenue, operrating margins or recurring income. Those AI metrics perhaps help prove Anthropic's technology works but they do NOT prove that DXC is building a better business.

There is also a risk that if DXC customers see AI delivering dramatically better productivity, they will expect those efficiency gains to translate into lower service costs rather than higher profits for DXC. The turnaround depends heavily on converting AI interest into meaningful revenue increase over the next quarters.

AI represents less than 5% of DXC's revenue while legacy represents 95% total revenue still declines and will keep declining.

Rawul is on 45 million, then now another President on millions. Another layer added, even Del boy Allison sounded fed up with the changes 4 managers his had in 8 months. That's some going, just proves DXC employ 3rd exec friends then have to pay them off.

Rawul will literally be doing nothing now. As for Dan the man that's another wasted few million on a guy who just re invents the wheel. Only good outcome is they got rid of Drum on a inflated salary. The farce continues, there will be no growth.

Danny goblin was a sap guy in p and g. P and g hated him. He has a British accent - so make him president

I thought it odd that the current CEO said they were going to sell things they can develop with capitalized investment. M1 and M2 totally gutted DXCs ability to do this.

@a2 you can’t trust those post market close price jumps on a relatively lightly traded stock like DXC.Surprisingly up a bit this morning.

So the quarter missed because customers didn’t buy enough of the “short term stuff” but no worries the mythical DXC pipeline of bigger better deals is out there.

Now that we’ve “unified the architecture and the P&L” the numbers will magically start behaving themselves.

Just another "wait until next quarter".

This company doesn’t need a transformation, it needs a burial and a big send off party. At least then shareholders, customers and employees can finally celebrate something.

DXC can reshuffle its CEOs as much as it likes, but the underlying problem remains. It's a company that largely sells staff hours to slow-moving, risk-averse often government organisations.

Many of the people it sells haven't had a meaningful pay rise in over a decade, and a large proportion of us are in the final stages of their careers, looking towards retirement. The real AI experts aren't choosing to work for DXC—why would they? The company isn't where the cutting edge is.

As they say - you get what you pay for. DXC doesn't invest in it's people, and the clients want it as cheap as possible - so we're just here to give the feeling that critical systems are supported.

My observation is they just run themselves and then get replaced by other companies.

Easy money for d-mbgoogle.... Just needs to continue yapping rubbish and still get paid millions...

Shame. Only exec with half a brain gone.

Share price has crashed near 10%. Everyone knows these guys are not good enough and just lie.

Even the analyst sound fed up.

Danny Grey as President, says it all. Why do they keep employing losers? His tasked with urgent cost takeout.