They have to blame someone for this.....
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There are some bond holders that will not get their loans back
Nobody to blame but the headwinds... buckle up and enjoy the ride!
https://m.youtube.com/watch?v=1iaqy5KF9eU
Not sure who you refer to when you say “they”.
Xerox is now owned 94% by institutional investors. Most who care very little as they hold XRX as part of a Small Caps ETF.
Last time share holders voted for director resignation amendment it was declined, meaning the Board of Directors can overrule a wish for resignation. This was at the annual shareholder meeting 2024. A year they also tried to implement golden parachutes, which thankfully shareholders downvoted. All of this info is public.
There is basically no one left caring about this going well besides employees and people that are owed money. The market has shorted the stock extremely so they would continue to benefit for a decline. 22% of float.