After nearly a decade of decline, DXC lays out a turnaround plan
Bengaluru, July 8 -- DXC Technology expects revenue to decline for a ninth straight year, yet the US-based IT services company is keeping its chin up, betting that a sharper focus on artificial intelligence (AI), its biggest markets, and better execution will eventually return it to growth.
Eight years ago, Ashburn-based DXC-which was formed in April 2017 through a merger between Computer Sciences Corp. and the tech services division of Hewlett Packard Enterprise-generated about $25 billion in annual revenue, making it larger than Tata Consultancy Services Ltd (TCS) at the time.
In FY26, its revenue fell to $12.6 billion, only marginally higher than the $10.5 billion reported by Wipro Ltd, India's fourth-largest IT services company. For...
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