Poor Carl is getting desperate, he may have come to the realization that the executives he put in charge of Xerox are failing miserably. Revenue is declining and they are running out of cuts to make. Can't wait for Q4 earnings call, equipment revenue down, aftermarket revenues down, margins shrinking and customers leaving.
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former CISO Dr. Jay went to MasterCard.
Carl has stayed too long at the fair lol
“This presentation is kind of like the one that someone asking for your daughter’s hand in marriage would produce economic advantages of merging the two families while overlooking the fact the daughter hates them,”
To last comment: Xerox is not buying HP. But if there is a merger or HP buys Xerox, there will be massive productivity efforts (code word for layoffs). Why would you think a bonus, unless you are a c level exec?
Carl has to watch the clock. He's not getting any younger. Can we count on a great bonus if we buy HP?
I've seen a few references to MasterCard. Who went over there?
Seems they are trying to get HPQ to bite before XRX Q4 results are announced (February?). If they are as bad as predicted, that’s understandable if not sensible.
Heard MasterCard is hiring bright people. May be worth exploring.
It only took 5 months between when Icahn sent out his 1st letter to the Xerox shareholders to start a proxy war and when JV was put in place as CEO. Ichan's clock has already started on his proxy war with HP.
All of Xerox better start thinking what they are going to do for work if HP merges
Does anyone think that staffing won’t change and that only happened to a few thousand in Xerox because they were lazy or something?
If the merger goes through there will be a true up in two columns and anything that matches both column a and b for staffing, which will be everything, then whoever is cheaper OR deemed not important by someone who has no clue, is out the door
So get ready for maybe 20,000 to 30,000 layoffs for the new and improved HeProx
Good luck everyone
it is too bad the way things are for Xerox at this point. It used to be a good company to work for. I don't believe merger with HP will fix the issues, it is temporary band aid.
Carl reminds me of someone who bets on the horses in a horse race and then decides to become a horse trainer, with never have even touched a horse before.
Another good description is of someone who loves to eat and decides to become a fancy chef at a top restaurant. The fact that they don't know what a stove is and have never seen one does not deter them one bit.
Carl should stick to investing and stay out of meddling in companies.