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

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)

Chris Mellor

All that is storage does not beget gold
Lost

Features

Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini
You see a diversity tickbox nightmare, I see human beings
hands waving dollar bills in the air
AWS and Salesforce match up to Ellison's hardware