
There's an old business adage...
You cannot cut your way to prosperity.
Cost-cutting can help on a short-term basis and can help shore up profit margins, but you need to sell stuff to stay in business.
Also, to satisfy your investors these days you need to grow revenue. DXC announces their latest numbers tomorrow so we will see where they stand.
If minor note it is interesting that they are back to referring to Workforce Reduction (WFR). For many years it was Workforce Management (WFM), which sounds so much more positive, doesn't it?
As ever, I feel for those about to lose their jobs...