I say at least 80%.
17 replies (most recent on top)
not close I would say
As an independent company that has some resemblance to what Xerox was as late as the Conduent split at the start of 2017, 0%.
The company will be sold entirely or in parts within the next 2 years to another company, which Icahn and Deason have stated.
Otherwise, the owners may force Xerox in bankruptcy in 2021, which is when both the current manufacturing agreement with Fuji Xerox expires and its primary debt note comes due. The two are related as a material reduction in manufacturing (and/or the cost to set-up new manufacturing arrangements) impacts cash flow. Xerox needs significant, increasing cash-flows just to meet its debt obligations, especially as its primary note was reduced to Junk status at the end of 2018.
Going into bankruptcy would allow Xerox restructure its debt to make it more favorable to potential buyers(s) and allow the company to off-load certain obligations (to taxpayers), such as RIGP. Also, the 'holding' company structure that the C-Suite and its minority shareholders rammed down the company's throat makes it easier for the company to also carve-off pieces of the company. This was done by Sears in Canada and Toys R Us in the UK in-part to get out from under pension obligations in countries where local law makes it a challenge to do so.
The brand has been significantly diminished. In the land of Senior IT, Xerox starts with a sh and ends with an it.
Not so sure.Brand has lost a lot of luster these past 10 years.Not a super star player anymore...
It will never happen due to the value of the brand.
Post ID: @Zy6qZSN-1xtl Johnny V don’t give a 💩
After I posted I looked further down the thread and have to ask whether JohnV is paying for id--ts to post positive posts here?
Fake news as president Chump would say.😀
Maybe it will exist? But even more diminished, or it will be carved up and sold odd in pieces.
Some of the problems are sImply tech advances but some are self inflicted by the poor management, not just senior managers but the middle muppets.
I had 26 years + 3 contract so have at least some understanding, not bitter juat a little sad really.
0%
It's not going to happen. I know there are a lot of angry trolls here, and I get it. If you lost your job, or were rebadged to HCL, or something else. But Xerox isn't going anywhere in the short term. It's going to change, it's probably going to get smaller. But it will still exist.
There's plenty of potential there - it will evolve.
Billion dollar cash flow will shrink as existing Xerox machines are are replaced with competitive brands. Much of the cash flow will be needed to support the ostentatious Norwalk salaries that just keep growing. Ongoing employee reductions, off shoring and subcontracting (HCL, WIPRO) etc. won’t be enough to compensate nor support those salaries. Xerox will also be subjected to the same repetitive actions Icahn used with companies he has infiltrated with selling off and breaking down various Xerox business groups. Within 3 years Xerox will lucky to be even 25% of what it is today.
Of course it's the annuity division. The industry hasn't had equipment contribution in a decade. That's the business model. HP needs to diversify and they have been trying to get into MPS, annuity revenue. It would be a win win situation for sales & service team. Xerox isn't made to be a manufacturer. They aren't built to develop saas. The value is that of a sales organization and brand recgonition to smb market. The bloated payroll of engineering and operations is over with. Stabilize stock. Slim expenses. Restructure and organize. Sell and inflate stock. The value will be we have feet on the street and we're are organized, trained, and inside smb market.
The billion in cash flow is mostly the annuity stream which when unpacked is unsustainable and likely misrepresented (too bad I can’t talk to SEC without whistleblower protections, hint). If HP diligence does not uncover this and purchases XRX, regardless of use of the brand name, Xerox will have closed its doors.
0%. We produce a billion dollars in cash flow a year. HP will buy us in less than 3 years and it'll be a great thing for both. Sadly, we were fat and needed to be slim down. Part of business. We have empathy for those losing jobs but stop blaming the company. That's business in America.
I would say 10%. Even if the market wakes up to the smoke and mirrors being sold to them, that awakening would result in mgmt change, sale of parts, and both take time. So does turnaround from any M&A into anything resembling “door closing”. What will likely occur in no particular order: awareness of failure of leaders to develop a revenue strategy, realization that some cuts were too deep, significant financial disclosures forced by independent audit, enormous stock devaluation, and sadly more blind cost cutting.
trolling to keep people thinking negative. you're sad
Sadly 50-50