It's approaching the beginning ing of the new year. If the matching stock doesn't come back then please take that as a little hint people.
5 replies (most recent on top)
Q3 2021 Results listed Xerox buying $500 Million in stock buyback program in 2021 and funding for another $500 Million in 2022. Someone has some $$$ just not to match the 410K program. Xerox is required to file form 550 for the 401K plan, the most recent from 2019 where Xerox Matched 401K showed a cost of just under $15 Million.
Don't worry, S M-W will send a note out well before Q1 earnings to say that there will be no 401k match again (but your ridiculously expensive cr---y healthcare benefits cost won't go up - seems like a good trade LOL). What a joke...
I thought they called it Green parts, putting used parts in a customers machine. Now it’s called matching stock. Okay. How bout stuff from the boneyard scavenged to put in your new machine, because we are too cheap to do what we said in the contract originally.
That’s sounds more accurate to me.
Matching stock is when you give the customer an old part to just get them by because you know that getti g them a new one is a shot in the dark
What is matching stock?