Thread regarding Xerox Corp. layoffs

How many more names can they “strategize” to keep on fooling investors! They are clearly not generating any revenue because they have the wrong people taking over! Investors watch out! Xerox will be one big splat when it hits down!

If the investor call next week reveals no strategy (like tech powerhouse), the Street will downgrade XRX immediately. Slow ride to the bottom as revenue is in free fall, but there is a lot of revenue to keep operating at a loss for awhile. Investing in buybacks and dividends instead of revenue generation should inform all what the end game is for John boy.

I remember a time when I purchased stock through the 401K after Paul Alaire left. Business seemed to be going strong and employees were happy. Then one day the bottom fell out because Xerox was cooking the books. Stock options became worthless except to the executives whose shares were re-priced to the lower amount. They made out ok but the schmucks lost lots of money. Same thing happening today. If you read the quarterly statements, 50% of Free Cash Flow will be spent on dividends and share repurchases. Shares are given to executives, John V's minimum $10 million in bonuses payable in stock each year at a share price of lets say $25.00 equals 400,000 shares of stock paying $1.00 per share dividend. That's a nice $400,000 extra payout each year while you try to drive up the share price then sell.

283 million shares outstanding equals $283 million in dividends. Free cash flow was about $900 million. Leaves room to increase the dividend or buy more shares to lower the float. Not a bad scheme. How many shares does Icahn and Deason own collecting dividends while they reorganize the company?

@Xnun4lE-zdj u nailed it. No wonder they are taking a week after the webinar to come out with some trending catchy name calling strategy. Management is ignorant and stubborn, all the way down as well as any projects they maintain with people lacking any understanding of the actual purpose of printer technology. Downsize local, and focus on printer development instead of trying to maintain a bunch of people that don’t do c-ap with in the company that only cause us as xerox employees to fix their c-ap and put up with their mistakes.

As predicted, the stock price jumped due to expense reductions, not revenue increases. There are a lot more of these opportunities out there as they outsource many of the financial functions currently being redundantly supported in GIS/XBS overseas (AP, AR, customer service). Xerox is a company in a fading market however - increased competition and less people making copies. Revenues will continue to slow and decrease, and they can only go to the expense reduction bucket so many times. Unfortunately, the success of a stock price is often on a separate trend line for employee retention. PS - XRX slow paid invoices all during the fourth quarter of 2018 - we were holding up payments ON EVERYTHING. Sure, that seems ethical. Just ask our vendors how our payments have been coming through lately. I'm sure that had nothing to do with the expense reductions on the results for the quarter......funny.

Is this an ad for xerox stock purchase?

I wonder how investors can rely on stock that doesn’t generate revenue..?! Mmm, is it so hard to determine regardless of the news and cut offs this company goes year after year? Lol.. not sure who would be out of their mind to live on such a roller coaster investment.. in a company with barely any results that were generated of actual innovation and productivity! Keep on jumping the hoops xerox but billions of dollars in debt and lack of control in their structures, will make the slam go bigger for this company! Oh yeah and ur still on a financial watch! Just wanted to address that! Oh and let’s not forget the credit grade cuz it barely generated any!!!!

Agree that never put all your money in one thing. As an unemotional investor, and not current employee, stock has been looking attractive.

Thanks for stopping by again, JohnV.

But nobody that works at Xerox should be investing in Xerox. That's a blanket statement though, whether you work for Xerox, Google, Apple, or Amazon. If the company you work for does poorly, their stock goes down and you risk losing both your job and your investments.

Cost have been slashed; but, revenue growth continues to materially decrease, there are fewer Xerox shares to buy/sell due to $1 Billion stock buyback program launched in the middle of 2018, and the Street loves companies that have deep cash flows in uncertain times. So, of course the stock is going-up.

What this does not address is how is Xerox going to transformer itself to a 'tech powerhouse' when R but, over the long-term...

https://seekingalpha.com/news/3427481-xerox-higher-citi-buyout-talk

Yup, great time. Just before they sell us. Icahn getting the stock price closer to where the premium he seeks isn't excessive. Buy now and wait for the sale bump.

Lol