Thread regarding Xerox Corp. layoffs

We're being told cash is critical in Q4. Being asked to do things we've never done before, and that's saying something because we've done some crazy things in the past few years to save cash. Makes it sound like Q4 is a "make or break" quarter for the company.

Konica Minolta is an absolute joke. A group of dictators that are so full of themselves, it’s almost beyond comprehension.

Its like working in the military, with threats, accusations, demands and demeaning actions. They know best and you are best a useless peon.

Chicago branch is by far the worst. The tin plated dictators hang out there.

Xerox is terrible but KM is absolutely no better, possibly worse. Believe me let both these companies destroy themselves and stand clear of this total cluster of stupidity. You will be happy that you did.

KM is as f’d up or more than Xerox. Unless it’s a dealer. If it’s direct it’s a f’ing mess. No better than Xerox. Don’t worry. KM’s stock price is now on pare with Kodak. About $5.90

Konica Minolta? That’s a real step up. Almost as much a mess as xerox!

Most of my customers cannot wait to get out of their contract. Some are trying to jump ship before their new equipment has been delivered.

I walked into an account that was waiting almost 9 months for parts. Our machine was unplugged and pushed aside and in place was a new Konica. They told me don't bother fixing it, their lawyers are pursuing to have their contract terminated.

I couldn't help but laugh, almost wanted to give everyone a high five on my way out. Hope X bites the dust sooner than later.

Forget the revenue declines, forget the backorders. Cash is king and it is deteriorating at a rapid pace. It won't be long now!!!

Good Luck believing that. Customers hate xerox. They notice the quality diminishing in every department. There might be a demand, but it wont be for anything that xerox deals with. At least not through xerox direct, or what’s left of it. They are done. Oxygen depleted.

Where do we stand with Lexmark? I understand we handle their financial services also

No mention of the prioritization of Lexmark or own self inflicted supply chain flop.