CEO obviously saw this downward tsunami coming and got the hell out of this mess before it took hold.
It is now taking hold.
Mr DWS is back at the wheel but it going to take a hell of lot a better strategy than what was required 10 years ago - it is now a declining market dominated by smart consultants and contractors and cheap off shore resources doing fixed price gigs.
Who might be next to jump ship from the board?
Who might be the next significant customer to terminate DWS?
This will get a lot uglier before a correction happens.
DWS appears to be the Carlton Football Club of the IT space.
Ann: Client Update, page-6
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