SB is not failing he is doing exactly as intended make himself rich. does not care about employees customers or shareholders
10 replies (most recent on top)
- 6m for Baldy…for failing … as the place crumbles …looting the place until the lights go out.
Please … what did SB do deserve such compensation …
https://news.bloomberglaw.com/litigation/icahn-settles-xerox-hp-merger-suit-including-novel-trading-claim
https://www1.salary.com/Steven-J-Bandrowczak-Salary-Bonus-Stock-Options-for-Xerox-Holdings-Corp.html
all assets have been liquidated, patents, R&D, research centers and buildings sold off
But we preserved Uncle Icahn's health by borrowing enormously
and now we borrow to pay the debt repayments and our suppliers.
It smells like Chapter 11, with a capitalization of barely 2 billion and a colossal level of debt it doesn't smell good. But it doesn't matter as long as Sb and the rest collect millions of dollars every year
Remember the capitalization of xrx before the arrival of icahn and his asset capture maneuvers, we were around 16 billion
Just like Perez was at Kodak, gaslighting that underperformance during his watch was a success bc they expected it.
yes better get used to declining revenue. new normal for X and done on purpose
Benchmark just another buzz word Xerox
management threw around nonstop ..
Just exactly what does Xerox use as a benchmark today .. All there internal metrics trend negative.
Insightful post. Way to contribute.