If this was clock and Xerox as we know it ends at 12:00, how close are we to the end - what time is it now?
I'll start this off by suggesting it is 11:52:45
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I see a lot of this talk on here and nothing will meet the histrionic “end” that people talk about.
Xerox as a brand has a lot of power in the name and will be around for, I’m guessing, “forever” as far as most people are concerned. It’ll be around for twenty years, conservatively.
That doesn’t mean Xerox will be independent. That doesn’t mean it’ll employ even 10,000 people. I’d there are people starting a career at Xerox today that will finish it under some form of “Xerox” even if it’s owned by someone else or much smaller. Look at Kodak.
You could argue that it’s already “ended” as it were, depending on perspective. There is a sort of morbid catharsis or satisfaction in some grand implosion - it’s like a sort of disaster tourism where you have a front seat - but even that backward satisfaction will be denied for continued death-by-a-thousand-cuts shrinkage, layoffs, and off shoring.
This is business as usual for the corporate world these days. There will be no picket line and there will be no fireworks. It’s a slow burn of continued value extraction for the C-suite and activist investors because it lines the pockets and doesn’t upset a critical mass of people to cause direct action against said extraction.
Hit the next shop up the street and hope it doesn’t happen again there, yet.