The Channel logo

CSC pops its cork after slashing costs faster than expected

The CEO at lumbering integrator CSC says its turnaround strategy is ahead of schedule despite a sales blemish on an otherwise improved set of fiscal Q2 numbers. Revenues for the three months ended 28 September dipped 2.8 per cent year-on-year to $3.85bn (£2.41bn) with declines posted across its three operating units. The sales …

This topic is closed for new posts.
Anonymous Coward

Management needs axing

Having finished working for them this year, I agree with the need to cut management layers. These have shot up since the mid-2000s. New sets of managers seemed to be added daily and the ones in the middle and upper layers were constantly changing positions and responsibilities. As one of the PBI, all we, and our line managers got were more and more reporting makework, micromanagement and bullshit emails. Good riddance to them!

This topic is closed for new posts.

Forums

Forgotten password

Opinion

closed_sign shut down under collapsed liquidation

Eddie Pacey

Does it do what it says on the tin? Credit insurance, that is
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini
management procure6

Dale Vile

Corporate decision-making's got nowt on non-techie MDs

Alexandre Mesguich

Cloud, virtualisation, mobile tech require fatter pipes

Features

Pigeon crapping on statue
Guess who just tried to break into the warehouse?
Vendors struggling to reinflate the bubble
Hellawell on being 'tight' - and his part in Thatcher's downfall
Square Group new premises