Thread regarding Xerox Corp. layoffs

Why are me buying a 'melting ice cube'? with a massive bank loan? I guess it will look good for a year or 2 then JV will hop off !

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| 821 views | | 1 reply (November 8, 2019) | Reply
Post ID: @OP+11UHG5SL

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Possible answers:

  • xerox could not acquire an IOT or AI partner fast enough and 2020 financial reckoning is approaching
  • xerox never had a plan to grow revenue and this move hides that
  • to gain foothold in Far East markets that HP has
  • to apply CarlIcahnian pressure on HP
  • to make the market pay more attention to xerox - a dangerous move in my mind as the technicals tell a dismal story
  • leadership ego to get back at HP for firing them
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Post ID: @1aas+11UHG5SL

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