Let the layoffs begin!!
18 replies (most recent on top)
Yeah. Sound like one of those old fa-t boomers. "Back when we were zeroes, we wore 3-piece suits and it didn't matter that we were covered in toner. Of course management loved it when we put on the knee pads."
So butt still stinging sub?
I left 4 years ago... I read all your whines... all losers and horrible employees that's why you stay... you can't get another job LMFAO. I worked with some of you and the incompetence is at the base. Keep complaining!!!
Bring on the packing boxes
"It's only down 10% because it's already at the floor. It can't go lower unless there's bankruptcy which isn't in the near future. Too much cash on hand and contract revenue for bankruptcy anytime soon."
It can easily go lower. There is no revenue floor.
Laughable earnings call. The first Q&A threw in the towel and didn't even ask a follow up question. Said they'd take it offline later because they couldnt answer the question lol. It's only down 10% because it's already at the floor. It can't go lower unless there's bankruptcy which isn't in the near future. Too much cash on hand and contract revenue for bankruptcy anytime soon.
Got it straight from the board of directors of a major hospital in Northwest Indiana
Generally, when someone says “absolute fact” while not providing any real information, it is a clear sign they are simply a troll spewing BS. Shocking, I know.
Can you share any of those accounts that are suing Xerox and what they are suing them for? I'd like to read up on that as I've not seen anything public.
Xerox is being sued by lots of hospitals and major accounts. Especially in the Midwest. Just an FYI. Absolute fact.
The fact that the stock only dropped nearly a buck tells you that the street knows of the ever- going plan to cut expenses as the business declines. Take away the $1 dividend and the stock drops to 3.
SB and the rest of the C suite earning that
hard earned pay and bonus money ..
Re-inventing more Layoffs ..
At least another 2000. Big opportunity for TCS.
Time to offshore the offshore!
You get what you pay for…Xerox on the cheap.
Accelerating revenue decline. Time for Steve to pull a Biden, although our Kamala is waiting in the wings. I’m out in 12…
The post by Cieio is spot on! Customers with paid service contracts with an eight hour response time are waiting three days or longer for a tech to show up. Yes...plain d-mb and non-informed management decisions.
10 percent revenue down means 10 percent layoff coming
How could investors not realize that cutting the people Xerox would need to "re-invent" the company could result in a nose dive in profits? Schools, government and corporations care about one thing. Productivity. When we wait 5 days for support on hardware, software, and every other service we pay for, we will go elsewhere. Xerox can't offshore to the lowest bidder and expect we'll put up with subpar support at a premium price. Just plain d-mb management decisions