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Class-action lawsuit claims DXC 'selectively timed' job cuts to inflate short-term profit target

Class-action lawsuit claims DXC 'selectively timed' job cuts to inflate short-term profit target

5 years ago
Anonymous $MUlyiGRWxa

https://www.theregister.co.uk/2019/09/20/class_action_lawsuit_dxc/

DXC Technology has been named in another class-action lawsuit that alleges mass redundancies were used by senior management to boost earnings but left the company unable to service contracted clients properly.

Bragar, Eagel & Squire PC, a New York litigator specialising in securities cases, lodged the papers on 16 September (PDF) with the US District Court for the Northern District of California on behalf of investors. A less kind publication may refer to the legal eagle as an ambulance-chaser, trying to drum up interest from current or previous DXC stock owners.