Xerox Holdings shares perked up Thursday after investor Carl Icahn disclosed that he had boosted his holding in the beleaguered copier company this week by more than 725,000 shares, to 27.3 million shares, or a 12.8% stake.
September news?
I hear chatter online of something occurring in September, anything specific?
Xerox Senior Vice President Tracey Koziol has been named to the “10 Most Influential Women in Technology 2020” list.
https://industryanalysts.com/81820_xerox/
Furlough
90 days today on Furlough and Xerox is MIA. Not a letter, phone call or even a text. 30 years of Dedicated service and this is how they treat you.
ServiceNow
How's that ServiceNow project coming along? Imagine the heat is starting to rise on the geniuses that touted that project.
Manager email extended furlough for Xerox Direct Technicians
I got an email from my manager today telling me my furlough has been extended and this time did not give a time frame. Did anyone else get these emails? Thankfully I already have another job but nobody at Xerox seems to care. I keep calling HR to... — read more
XBS Furlough
I too was furloughed In May. Can't contact HR by phone. No number provided!!! Only email. I just love sitting around scratching my gonads while in limbo! Still employed, but not really! I wish they would just let us know if we are still employed, so... — read more
I see my thread about Carl Icahn was deleted
What, are we not supposed to post his name? Is it... FORBIDDEN? Carl Icahn suhx.
Convergence or Death? Leave now or wait on a package?
Reality is this industry's sustainability has been on shaky ground for a decade. Maybe it had a couple more years in the tank but pandemic has brought everything forward and now the quagmire garage sales are imminent. Looks like Ricoh will be piecing... — read more
Question- what is the purpose of repeating this phrase?
I have a paper jam. Oh yeah, where? In the machine. It jams when the paper goes through the machine. really? What’s the sarcasm directed in this? is it a slight on the importance of the whole company? (It’s just a printer company) is it a... — read more
Stock price
Can some explain how the stock is at 17. With the poor performance and the lowered investment rating from 2 firms how is the stock price going up?
Average Service Response Times ?
Is anyone else experiencing really long wait times for service? What to tell customers? I mean you can only use the pandemic excuse so many times.
Xerox Recovers
It looks as though all of Xerox's troubles today have been resolved. There is no need to worry, in the coming weeks you can all expect a communication regarding this. You will all get your jobs back, they will move the offshore jobs back onshore. ... — read more
September noise for XBS
Going to be some changes in XBS next month. Directors, TSM and hardware techs moving over to Xerox. Oh but it's not for everyone, going to be some techs layed off as the max techs per territory will mix with existing Xerox techs. Core sales reps... — read more
Watch Out! Icahn's On The Move Again!
Xerox Holdings Corp XRX 2.51% saw 10% owner Carl Icahn add to his stake. He indirectly picked up more than 1.81 million shares altogether for $16.07 to $16.60 each. That totaled almost $29.58 million. Also, a director bought 15,000 shares last... — read more
MBM other XBS cores
What is happening with non competes More people leaving
Townhall comments
What happened at the town hall? I assume that no one admitted that offshoring went too far, that buybacks were ill-advised, or that Wall Street was intentionally misinformed about business strategy.
Fitch Ratings revises Xerox outlook to negative
“ Xerox's core business has been in decline for several years, and recent product refreshes were not successful at turning around mid-single-digit declines in its post-sale business, which represents more than three quarters of revenue. Fitch expects... — read more
Moody’s negative on Xerox. Likely to default.
New York, August 03, 2020 – Moody's Investors Service ("Moody's") assigned a Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and an SGL-1 speculative grade liquidity rating to Xerox Holdings Corporation (Xerox... — read more
Old school legal team again hurts Xerox
They p-ss-d off the wrong group. Things would be different if Xerox now has an actual functioning security team, but no. Xerox took the “we call your bluff” route. Now our information (as in employees) is “out there”... — read more
Xerox-HCL furlough extended
This am we were told 30% furlough extended.
Mother Xerox is very worried about exchanging information amongst her employees
EVERYONE that works for Xerox needs to read the posts of “Any layoffs for the Deep Dive team?” You need to know that Xerox is paying attention to sharing the truth with others about the support situation Xerox is clearly trolling that post because... — read more
IRIFS
When is the hammer going to fall and the Layoffs start?
Xerox : Management's Discussion and Analysis of Financial Conditions
Link: https://www.marketscreener.com/XEROX-HOLDINGS-CORPORATIO-63181095/news/XEROX-MANAGEMENT-S-DISCUSSION-AND-ANALYSIS-OF-FINANCIAL-CONDITION-AND-RESULTS-OF-OPERATIONS-form-31020314/ Interesting read. Sorry for the ALL CAPS, but it's a... — read more
Doomsday Clock. Anyone got the time?
Assuming xerox makes it post vaccine and print volumes return to 65% of pre-covid... not withstanding JV's coming soon innovations, how much longer can xerox... — read more
Mass Exodus from MBM
All going to competitor down the street. The whole company.
It’s not John Vs fault but he sure didn’t help.
Remember. It is not John V’s fault that a pandemic struck, locking people in their homes and keeping them away from the office & thus not printing. That being said, he CLEARLY set up Xerox in a position to fail by not diversifying its portfolio in... — read more
Analysts need to follow up
In what world does “we have double digit growth in our pipeline” pass muster without follow up by the investment community? It’s almost like everyone is afraid to ask John V questions. Maybe intentional use of an ambiguous term.
XRX releases 2nd Quarter Results
Revenue drop worse than J.P. Morgan’s prediction. “$1.47 billion of revenue, a decrease of 35.3 percent year-over-year or 34.6 percent in constant currency” Folks there it is. This a wrap. ... — read more
XBS laid off.
I've been on furlough since May from XBS. Are we going t o be laid off? Does any one out there know WTF is going on? Please post any info.
Xerox Earnings Zoom Call Listening Party
After following the slow demise of Xerox over the years It seems only right to memorialize tomorrow mornings earning call. Anyone interested in a virtual Zoom party to listen in and provide satirical comments? Sure the call is at 7am EST but I’m... — read more