Listen to your people and make the changes that need to be made! You're ruining the once great company by being stuck in the past. I've seen so many talented people leave because they were constantly ignored when they tried to make even the smallest of changes. A company can't survive like this!
14 replies (most recent on top)
Xerox suckkkkks
The goal is not to flip the company.
OMG ....STOP posting such foolishness, get out and get a real job with a real company......stop working for a company that is using you and doesn't give a damn if you are there or not!!!
I am now retired and cannot believe people
- have not left there
- still believe they are valued
- are willing in this economy to get no raise, no 401k match and pay up the a-s for health benefits
........STOP COMPLAINING......
Until you understand that the current leadership team’s goal is to cut maximum expense to reach ultimate profit margins to flip this company, whether as a whole or in pieces, you will not understand what they are doing.
Xerox is that tu-d 💩 swirling around the toilet.
Two decades ago Xerox was an amazing place to work. There were still raises. Affordable insurance. Happier staff. They shipped all of our jobs overseas, cut us to the bone and gave themselves outsized bonuses for driving the company into the ground while they micromanaged us. I'll take Xerox 2002 over 2022 prior to icahn, visentin and ursula any day.
Mr. Z, i have read your post a couple of times in an attempt to better understand your position. Can you explain a some of your comments in further detail?
- What is "Quantive Easying? I am not familiar with the term.
- Can you then explain how "stopping or slowing QE" will increase interest rates?
- Can you elaborate on the relationship between a company's stock price and the company's liquidity?
Thank you.
Two decades ago, Quantive Easying tool was not used by the federal reserve. Lowering interest rates fuel bond markets which causes corporate stock to go up. The only thing that matters is the stock price. The value of stock is held up by quantive easying, this is why there will be a widening of the wealth gap and why the national debt is so high. In the past decade if corporations were having financial difficulties problems would borrow money by selling corporate bonds, then reinvest the funds to add and keep quality employees, build machines, preform research or pay off their high interest debt. This is a hard thing to do.
Today corporations borrow moneys through the financial bond markets at 0% which is funded up by the federal reserve. They use the borrowed moneys to buy back their stock which increases the stock share price. Corporations also use the moneys to find ways to cut employee head count by using new technologies. We need to understand is the stock price a true value of a corporation liquidly, remember stock buyback is easy for a corporation to do. The federal reserve is holding trillions of dollars of these” junk” bonds. Soon the federal reserve will increase interest rates, by stopping or slowing down QE. , Some corporations will tumble.
Dave gone plum loco.
Dave’s not home!
Wow tired of all the smart a-s comments on here. We All know xerox is in death spiral. Only people left are people holding stock waiting to cash in and recover their investment. It’s not rocket science. Beyond that there is no point posting anything, as it likely won’t mean anything to anyone anymore.
I could almost make the case that the way things were done two decades ago were better than they are now.....
Hello? (Hello? Hello? Hello?)
Is there anybody in there?
Just nod if you can hear me
Is there anyone home?…
This post is hilarious.
Hey Poster: Hate to break it to ya but Xerox is finished. They are not investing anymore into growing anything - Xerox exists now solely as a cash cow that the investors (Carl) can use to fleece until it dies off (through shares / dividends) all paid out to them by lowering cost through cuts (you losing your job & benefits).