Thread regarding Xerox Corp. layoffs

Check your pockets - We are missing 150 million dollars

I am trying to understand where the missing 150 million dollars went! Do you have it? Do you know who does? I was just curious because that is the amount of the Trump Corporate Tax reduction for Xerox and I wanted to see if you have seen an impact to your bottom line.

Surely this money trickled down to your paycheck or to save American jobs.

Surely this means that Xerox could pay severance for those separating and quarterly 401k matches.

Surely it cares about healthcare continuance and investing in its employees.

Did you buy yourself some stock with it?

PS that’s abt 65 cents per outstanding share

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| 1241 views | | 2 replies (last March 28, 2019) | Reply
Post ID: @OP+YhcLw42

2 replies (most recent on top)

Severance, stock buyback, executive bonus, Nathanson, executive salary, audit coverup, Travel. My boss is at a conference every week purporting to be helping sales when in fact is embarrassing the company and hurting da brand. Even during travel restrictions. CFO must be complicit to allow it. Meanwhile no investment in growing revenue. Make up your own mind how this will play out.

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Post ID: @1hxq+YhcLw42

You are correct OP. Trickle down economics does not work.

The income divide has expanded more than ever to favor the rich.

People are naive to believe any different.

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Post ID: @1qyp+YhcLw42

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