Thread regarding Xerox Corp. layoffs

WGuJzIf-yhu: Yes! The answer is essentially “we don’t know how to enter non-print markets” . That may be true because we don’t have the right people for this shift.

The failure to monetize in the packaging and printed electronics space is even more discouraging because in many ways it is just print, where we theoretically already know how to sell.

Hah. Kodak invented the digital camera. They saw the future just fine. They just lacked the semiconductor and software competencies to compete with Sony in Sensors, and Samsung, Google, and Apple in AI Image processing, and Canon and Nikon in Camera know-how. All they had was chemicals and film. The chemical business they spun off is doing fine by the way. Sometimes what you're good at becomes obsolete, and there's no helping it.

Management keeps milking the cow, hiring people for positions they generate by firing people with reliable background and replacing them for the moment. They need to go deep to their main infrastructure and get those people in charge of projects and so called “investments” to stop this money splattering. Go local for God sake can’t they just see what management has done to this company.. stop spoiling ignorance amongst these people and listen to your finance department and get advisors specially in the us we have plenty that can oversee if you guys require or not project managers and offshore teams to keep on giving away the investment that can be made on actual employees ghat can keep up in the us with their responsibilities.

True. But the question remains, why do we pay our decision makers millions of dollars? Shouldn't they be figuring new ways to continue to make the business grow? Investigate and then invest in new technologies? Take the automotive industry for example. We have been making cars with combustion engines for more than a century. Now we are gong electric, or at least hybrid then electric. We could have entered into the 3D printing market long ago. I worked in a lab that had machines that would literally print 3D prototypes of functional testing. Made from polycarbonate or nylon. We could have continued down this path and introduced this technology to the world as a viable option for other uses. What did we do? We decided it was too expensive to deliver so we GAVE THE TECHNOLOGY AND EQUIPMENT away to Louisville University. Xerox has been doing that for decades too. How many new and unique technologies were invented and developed in PARC? At one time Xerox could have been Apple, Microsoft, HP, and Xerox all in one. We are not the only industry that suffers from this lack of vision. KODAK suffered from the same myopic visions.