If J.P. Morgan analysts are right about a 32% drop in June YOY revenue (earnings call is next week)...well this very very bad news for X & everyone who works there. These numbers are even worse when you consider revenues can potentially fall in half by end of year. Furthermore, very little in terms of upside since this virus isn’t going anywhere, anytime soon. Expect very deep and major job cuts folks.
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Looks like some posts got deleted but by the looks of what's left, I missed something good, lmao
To the last poster, well said! Couldn’t agree more.
People! The Trump supporter self-owned in many ways. It doesn’t justify wishing harm to them. Let’s keep the politics out of it. Seems the worst of both sides have spoken. Let’s focus on the purpose of this board. I’d suggest we pay attention to what happens on Tuesday morning.
But you care enough to read and come back. And that's not how the market works, id–t. Overall the stock market has bounced back but it reacts to buy and sell. Market doesn't determine the health of a business. It reacts to who and when to take advantage of. Hence the HP and public comments. Continue to outsource, drive cost down, become a sales organization, try to strike rich with diamond in the rough engineering, and get rid of slugs like you. Big Xerox is like you liberals.. wine, pout, and demand more. At all costs - even to bankrupt. Your wife probably spends more than you make but you're afraid to tell her no. Then you cry your boss doesn't pay you enough. TRUMP 2020
Dear last poster. Go educate yourself before you call others id–ts. The Only id–t is you. Look at the stock market, it has generally bounced back and XRX is in the dumpster. Look at the numbers. id–t. Many companies have increased their revenues, i know mine has - best thing I did was leave that dinosaur trash company with a terrible business model. Looking forward to my bonus and raise and you’re looking forward to a pink slip.