Taking a longer view than many earlier posts, what happens after your division is sold? Or what happens if the stock does hit 40 and the whole thing is sold?
Reading the future is hard to do but I just see more layoffs. Buyers will be looking for more ways to reduce costs. They will probably have all the back office processes covered, a sales force in place, a service organization in place, a marketing organization in place. They’ll be looking for more revenue from any acquisition from xerox and “greater efficiency” from the combined organizations. So if you are thinking that layoffs will eventually stop and things will stabilize, I suggest you reconsider that. The layoffs will continue until there is little left of Xerox (or your cores, if you prefer to look at it that way)