Interesting they cut the Dividend on the Common Stock by 90%, yet retained the $20 payment on the Preferred Stock. No coincidence of the Preferred Stock holder being DD and his man is the Chairman of the Xerox Board.

Jeez. $2.97. It’s all working - eh? All the SLT and leaders are stupidly silent with no Plan B at all. And when anyone (SB) openly has to say “trust me” as there is no natural, organic trust or credibility there at all, most intelligent adults know... — read more 

https://investors.xerox.com/static-files/adf78906-cdf0-4fef-b8ce-21264d06bd9b This is the part of the 10Q where they give up the game. "We assess goodwill for impairment at least annually during the fourth quarter and whenever events or changes in... — read more 

Reinvention” now means selling whatever still works. Word around the water cooler: XMPie (the tool that is supposed to connect print with marketing) is being polished up for auction, and DocuShare, the zombie ECM that still brings in maintenance... — read more 

https://investors.xerox.com/static-files/adf78906-cdf0-4fef-b8ce-21264d06bd9b Debt servicing on the interest is up to around $1.1 million a DAY! Each and every day, this is not going away. Not principal, just the interest. Under 'Total Interest... — read more 

https://investors.xerox.com/static-files/adf78906-cdf0-4fef-b8ce-21264d06bd9b JFC. It's in there under 'Worldwide Employment' as of 9/30/25 there are 26,300 Xerox employees now. Much worse than I thought it would be.

Xerox has too many challenges in their main "core competency" to overcome objections from their customers regarding IT services. Just because a small portion of our customer have onboarded, doesn't predict future success. On any given day, my email... — read more 

SB wants everyone to pitch in but his “team” is abandoning ship.

Here’s a suggestion for X, why don’t you send a survey out to all staff when they can reply anonymously (or not if they wish) and tell the SLT what’s REALLY happening out there. No hiding just pure honesty.

How many are waiting for that payoff, that tap on the shoulder, that bonus to leave the sinking ship. But worse than that, how many are just coasting along without a care in the world, ensuring that the ship will inevitably end up sinking, despite... — read more 

Does anyone else laugh as hard as I do when SB calls J.E.G., Jag? Dude doesn't know how to pronounce a high ranking member of the EC nor does anyone on EC care to correct him.

The happy-talk non-GAAP will be left out of the formal earnings filing, and we'll see how bad it really is. It's due 40 days after quarter end, which is Sunday. They will wait until after market close to do so.

SLT members from the last 5 years return your compensation.

SB in response to one of the canned questions; "it's impossible to forecast quarter to quarter for Wall Street". Wait, what?!!! I thought that is your job. Then he followed with a telling slip of the tongue; "That's why companies go private and can... — read more 

"We, the unwilling, led by the unknowing, are doing the impossible for the ungrateful. We have done so much, for so long, with so little, we are now qualified to do anything with nothing." ---Konstantin Josef Jireček---

For anyone who hasn’t seen “The Truman Show”: it’s a story about a man who lives inside a perfect illusion. His entire life is a TV set. The town, the neighbors, even his wife and coworkers… all actors. They know it’s fake. They get paid to keep the... — read more 

https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3473445 I guess Wall Street didn't care for the Clown's pep rally today. This is why you pay your bills.

Has the CEO broken SEC rules on declaring Free Cash Flow on the Q3 Results, after he admits to the employees that it is only there because the company held payments for debts.

This isn’t rumor, emotion, or gossip. This is what the company itself has said, plus the math that follows from it. No fluff. No slogans. Just reality. Where Xerox actually is: Q3 cash generation did not cover costs; free cash flow driven by... — read more 

Layoffs will be bigger than the 15% wave a year ago. The goodwill write down will be in excess of 1 billion, and that will lower the EV and push Debt to Equity to over 1000%. Access to debt markets will effectively cease, and vendors that aren't... — read more 

We all knew it'd be ugly but wow oh wow.. let's just summarize what we were told: Stop prioritizing personal matters and start to prioritize Xerox. In his famous word salad told us that we need to manage our lives at home and how we are spending... — read more 

One of the questions asked was: is there risk of bankruptcy, assuming this spouted from someone who heard one of the many 3rd party analyst saying there is a high risk of such an event. The answer from SB was: Absolutely not, as long as we execute... — read more 

This merger is really making me think about who bought who? So far looks like a lot of Xerox folks got cut in favor of Lex and their processes. I guess that’s the big solution? As always, it’s just rearranging chairs on the deck of the Titanic.

Take a sip every time you hear: We've got more work to do We gotta make the hard decisions Xerox is BACK. We are here! The Street is loving us/The Street is excited I will answer that later

Is he really talking to us about how we manage our pay and cut backs we have to do at home? He did get a raise this year, when have we received a raise to support the cost of living increases?

I am not saying CH11 is or is not imminent. But more actions are ahead. Some potentials: More RIFs and firings Changes to the severance policy to reduce total payment obligations Avoiding pension fund contributions, forcing 0% lump sum... — read more 

Has anyone been IRIFed and attempted to get basic questions answered using the only available method (alumni@xerox.com)? It’s insane - a ticket is created, no reference to the original question maintained, non-responsiveness other than auto-replies... — read more 

Gonna feed the troll, but... To the guy that keeps posting on everything about the Java UI being the root cause of Xerox's decline...would you care to elaborate more than just a vomit emoji? I think you might have some really deep insights that... — read more 

When, oh when, will the Board fire this clown 🤡

SteveB, You just reported Q3’25 results. Let’s strip out the “reinvention” slogans and talk GAAP facts. Because GAAP is the real score: it shows what a company truly earns and spends, with no special adjustments or “creative” add-backs. Here are... — read more 

https://investors.xerox.com/news-releases/news-release-details/xerox-releases-third-quarter-results-1 It's a question, not a statement. We know they skipped the Goodwill testing and put it off until Q4. We also know they are required to do it once... — read more 

How can anyone respect the CEO when he continues to get huge raises despite crazy bad performance. The best was JB who was the mastermind of the collapse he not only got a bunch of raises and bonuses, he was asked to leave and got a heroes send off... — read more 

Risk of Chapter 11 or sale Given the above: The heavy debt load (several billions) and relatively small cash cushion raise risk if business continues to decline or cash flow weakens. A sale or restructuring becomes more likely if they cannot reverse... — read more 

Our dealer liaison informed us he was let go today, effective immediately. Is this round 2?

They have to do it once a year, by SEC regulation, and 3 quarters are gone now, so it will be December. As bad as it was, the next call will be a lot worse.

Another set of disastrous results, yet another excuse of word salad - "While continued macro volatility and near-term uncertainties on government funding decisions weighed on transactional print this quarter“ RESIGN NOW CEO !