Any guesses on big moves Xerox makes this year? Seems like it’s been relatively quiet lately.
6 replies (most recent on top)
start 2021 c-apper, end 2021 c-apper. same story
More dividends please!
Easy answer ... Year ends with less customers less revenue and less employees.
I think eventually jobs will be outsourced and only key vice presidents, legal, payroll and exec committee management and some administrative staff will remain. It reminds me of what happened to GE Capital. Little by little layoffs until there is only a skeleton crew left. My advice to those still there is to find another job asap before you are laid off. No one's job is safe unless you are John V. And his assistant.
Pretty much the same, but with a few less people and a little less revenue.
People here still bray for fire and brimstone but Xerox’s decline will be a mostly uneventful, managed value extraction. It might seem “exciting” ten years later in a case study, but that’s all.
Maybe the next “big” thing is we sell off some chunk - seems plausible if not likely - but whatever hulk that’s left as “Xerox” will clamber on for awhile.
Everyone is layed off. Artificial intelligence era begins...