Thread regarding Xerox Corp. layoffs

How long before Steve B is gone?

Johnnie B has been calling all the shots for months. I was told that last year in a meeting with his direct reports that JB said that in any other company SB should be reporting to him. He also stated that JCS and JEG would eventually report to him or else. My take is that JCS chose the or else.

SB has seemed unhappy and disconnected for months. JB makes JV look like a saint.

Also makes no sense that they spent all that money getting rid of Ichan. They are simply running the same play book that Ichan would have run. They will sell off everything that isn't sales and soon will have their sales people selling Avon to fund their fat severance plans.

by
| 1381 views | | 3 replies (last March 21, 2024) | Reply
Post ID: @OP+1rDaKHfw

3 replies (most recent on top)

Not soon enough, unfortunately with a gold parachute

by
| | Reply
Post ID: @1ima+1rDaKHfw

SB just gave a wonderful presentation to the Xerox team all about how Xerox will be replacing the entire board of directors with all these amazing business leaders.

You can interpret his speech as it's time once again for the team on the SS Titanic to rearrange the deck chairs. And, please pay no attention to the boat listing or the water filling the engine room.

by
| | Reply
Post ID: @1ajg+1rDaKHfw

They spent all that money getting rid of Uncle Carl because that's what he wanted. At that time his business had troubles of it own.

by
| | Reply
Post ID: @cjk+1rDaKHfw

Post a reply

: