Thread regarding Xerox Corp. layoffs

FY19 Results - what is the projected revenue growth?

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Post ID: @OP+12UOdkO4

5 replies (most recent on top)

Cant blame Fuji, the iGen is an expensive Dinosaur. The technology goes back to the early 90's. Better believe fuji will make a replacement for the Nuevera.

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Post ID: @1jph+12UOdkO4

Growth through reduction policy has never made sense but Xerox management has followed that course for the last 20 years.

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Post ID: @1vin+12UOdkO4

For at least a decade, revenue growth has been slightly negative (i.e. single digit declines). However, Xerox has able to achieve substantial "profit" growth by slashing expenses (primarily thru employee reductions). All projections (including Xerox' own) is for continued revenue decline in the foreseeable future.

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Post ID: @1jwa+12UOdkO4

1Q -9.4
2Q -8.8
3Q -6.46
4Q= ?

Without 4Q data we are down 8.2%

Just checked the FX websites. They discontinued the Igen back in Sept 2019. Meaning the only product they buy from us is the Nuevera. You can bet they are developing an in house replacement

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Post ID: @1xdx+12UOdkO4

Growth? You can’t possibly be expecting a serious response to your question!!!

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Post ID: @1wlo+12UOdkO4

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