Thread regarding Xerox Corp. layoffs

XRX Earnings Are Out

XRX beats Wall Street EPS & Revenue estimates, but hardware sales (ESR) we’re down 15% and PSR (post sale) we’re down 20%.

That 20% PSR reduction will have future financial implications for years combined with a BB rating and outlook remains negative comment from Fitch on Sept 2020

No mention of gross margins yet which should be interesting

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| 2845 views | | 17 replies (last October 28, 2020) | Reply
Post ID: @OP+17DaF3Ii

17 replies (most recent on top)

We are id–ts? No you're an id–t. Who you calling an id–t. No you're a bigger id–t. Mommy he called me an id–t.

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Post ID: @1lvj+17DaF3Ii

'retained most of our staff' - LIE, some of direct maybe , but all outsourced have been laid off.

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Post ID: @1rxn+17DaF3Ii

Here's some outsider information. I find it very calming. Goes great with gallon of warm milk.
https://www.xerox.com/en-us/about/corporate-social-responsibility

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Post ID: @1hal+17DaF3Ii

Seems like a lot of flail about mediocrity

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Post ID: @1olx+17DaF3Ii

Talking about future results is insider information and you id–ts think this site is really anonymous?

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Post ID: @1efx+17DaF3Ii

Calling out all the lies and all the smoke and mirrors on the earnings calls is not insider information.

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Post ID: @1viz+17DaF3Ii

Can we get @1wuk+17DaF3Ii voted off the island? So many threads are being tainted by this one.

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Post ID: @1ets+17DaF3Ii

Looks like Bill Osbourne picked the perfect time to leave.

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Post ID: @1qjx+17DaF3Ii

 @1wuk+17DaF3Ii - this is public knowledge, not insider info.

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Post ID: @1fty+17DaF3Ii

Do you id–ts think it is cool to post inside information?

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Post ID: @1wuk+17DaF3Ii

We’ve turned the corner ...Profits are on the rebound... Xerox will be great again ..
4th quarter will be the greatest ever..
Sound familiar?

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Post ID: @cav+17DaF3Ii

Shenanigans?

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Post ID: @cur+17DaF3Ii

EMEA is not doing well in Q4.

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Post ID: @hhj+17DaF3Ii

XRX stock price down 2.60% as of 10:45 AM

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Post ID: @fxo+17DaF3Ii

But wait, Xerox is a tech powerhouse. Just ask John.

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Post ID: @znt+17DaF3Ii

These numbers are not good.

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Post ID: @utg+17DaF3Ii

EMEA rebounded for Q3, but likely shutdowns and restrictions there will impact Q4 results. Additional declines highly likely as the company shows no signs of digging themselves out of this massive canyon.

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Post ID: @vij+17DaF3Ii

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