Thread regarding Xerox Corp. layoffs

A few additional ways to raise the stock more

As a Xerox stock owner, I could not be happier with the direction of the stock. In 15 years, I couldn’t make a penny.

So to Mike Feldman era !!!

Now that the biggest joke in Xerox - GIS has been flushed 2/3 of the way down the toilet, I can find 4-5 million in easy savings. Who the heck are these executive & senior Vice Presidents making a million dollars? From what I understand is service is being centralized, no more P&L control, admin has been removed and on and on. There are “presidents” who Mr Feldman values less than global.

Last check 40 presidents making 400-600k - call it 15 mill in nonsense expenses and the million dollar leaders above them call it 5 million.

More room to cut. Just cut the right people now.

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| 1571 views | | 5 replies (last April 8, 2019) | Reply
Post ID: @OP+YrR6aR9

5 replies (most recent on top)

If I was a betting man and this was lost was from a current or former executive at Xerox, my bet would be in Deason. Icahn cares only about the number in his bank account and doesn't care about who is staying or going, except for Jeff J as those to made it personal last year. Johnny V only cares about making his master happy so that he gets to keep collecting big paychecks while doing very little to earn it. Now, Deason has said for years that he wants to destroy Xerox.

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Post ID: @2hel+YrR6aR9

Icahn is that you posting? I'm so happy to see your stock is profiting off of other people's lives.

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Post ID: @2kba+YrR6aR9

@ Legacy X aka Johnny V aka Icahn's pet, how many hardworking, regular Xerox employees who have given decades of their life to this company has to be fired just to pay for your $20 Million sign-up bonus before you even worked a day for Xerox? Talk about a waste of shareholder value.

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Post ID: @1ebq+YrR6aR9

@YrR6aR9. that is the best thing i read today!!!

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Post ID: @1nnb+YrR6aR9

You can cut 30 million today by firing Johnny V alone.

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Post ID: @1vqq+YrR6aR9

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