The Channel logo

back to article 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 …

COMMENTS

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!

2
0
This topic is closed for new posts.

Forums

Opinion

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears
Partnership

Frank Jennings

Confused? No problem, we have 5, no 6, no 7... lots of standards

Chris Mellor

VC sequence could end not with a bang, but a whimper
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Features

money trap conceptual illustration
Big boys snare the unwary with too-good-to-be-true deals
Angus Highland cow
Pet carriers not wanted for whitebox stampede
FBcoldstoragearray
Sorry OpenStack and Open Compute, we're not all Facebook
Gary Kovacs, CEO of AVG. Pic: World Economic Forum
Scammy download sites? Government snooping? Run of the mill for Gary Kovacs