Thread regarding Xerox Corp. layoffs

New Record - 3.8 Billion in Debt

Current debt is 2x+ current market cap of the company! That would be like getting a 10k credit card and putting a 20k balance on it. Stop this madness find life elsewhere you were warned. I'm sure they will cut what / who they need to in order to make the divvy date this reminds me of that wolf of wall street company at this point or the restaurant the wise guys took over in good fellas what craziness sec stop this!!!

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| 1702 views | | 4 replies (last November 28, 2023) | Reply
Post ID: @OP+1pBc24lF

4 replies (most recent on top)

I think I'm voluntarily leaving after the holidays I'm already hearing in 111 where I work from that literally no expenses to be approved in 2024 unless extreme need or 20% + yoy quote reduction. With inflation what it is all vendors will reject this - jigs up I suggest you all who are here as well think long and hard about staying on in 2024... Unless you like getting hammered just trying to tread water...

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Post ID: @dvsw+1pBc24lF

It's what they do.

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Post ID: @arvb+1pBc24lF

It's what THEY do to companies that they prey upon.

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Post ID: @2npl+1pBc24lF

Mmmmm sweet dividend

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Post ID: @1uem+1pBc24lF

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