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Retiring icon rumored to be brought on as consultant.

In the news: Mr. Clean himself has been retired. Rumor has it Dan is in talks to bring him on board to help clean house. An professional of his stature would be a useful asset in facilitating the serious cleanout Vz requires. It is doubtful however that he will come along at a low cost.


Time for action

For all your rumour and conjecture, it remains there is a singular point to be focused on - despite the tactical acquisition of Lexmark, revenues continue to decline, profits are hit, cash flow is a challenge.

The IP ‘JV’ is simply a payday loan, high interest and default traps that are set to compound the return to the JV party.

Xerox have a simple task to undertake - sell, sell, sell - not more of their business but sell MORE BUSINESS - new business, renewal business, cross-sell business, partner business, channel business, integrator business, churn tin, sell accessories.

Oh, and sell IT business too - but a saturated market with a lot of more capable players, which are far superior to Xerox.

This is a very simple task, but a very difficult one.

I wonder how we may reflect on this in 12 months time.

And as for the stock price - a reflection of what investors believe in the Xerox leadership - the past two years say they only believe in 10% of what they say and do.

The CEO and Board need a shakedown, are they believe they acting in the best interest of the shareholders, or themselves.

I believe they are acting in their own best interest.

In which case we have yet to see a new stock price low, then perhaps a new CEO.

God speed Xerox.


September marks 10 Year anniversary of dell buying EMC. Heard potentially exciting news/Rumor

i Heard through the grapevine that September marks the 10-year anniversary of dell buying EMC, where there was a clause that stated " Dell must retain EMC legacy Server ORG for 10 years" In september the rumor is NVIDIA will buy out all of ISG ORG and dell will go back to just selling PC/Laptops >>>>ONE DELL WAY??


Binance refutes sanctions violation layoff allegations

Fortune reported Binance fired compliance staff over Iran sanctions violations. The report claimed $1 billion in USDT linked to Iran flowed through Binance. Binance co-CEO Richard Teng publicly denied these allegations. The company stated its internal review found no sanctions violations. Binance neither confirmed nor denied general layoffs but clarified they are unrelated to sanctions.

https://incrypted.com/en/binance-has-denied-rumors-of-staff-layoffs-and-sanctions-violations-involving-iran/


This is the first time in a LONG time where nobody is talking about layoff rumors...

Which is interesting...

Considering the fact that there are typically a LOT of layoff "rumors" in this forum fairly consistently. Especially in the August/September and February times when dell has historically laid off large bulks of folks.

Yes, they layoff year round but we all know that already. I'm sure some orgs/groups are or have been hit but at a far smaller scale than typical - at least this time of year anyways.

I have to wonder if they have finally hit their "headcount" number and the large layoffs are finally done...

Or, maybe because Project Maveric is failing and was pushed back a quarter - which 100% will be pushed back again LOL

Or, maybe because Project Casino is argueably MORE important than maverick... Casino is not NDA but trust me, it's IMPO is far more vital than Maverick. Maverick is important but I think they are realizing that it's already failing lol...

Or, is it because the stock market is doing well or stock prices are better? idfk

It's just interesting how nobody is reporting in about layoffs right now.