Can anyone confirm or deny if they actually got it? I thought only senior leadership and people managers got raises or bonuses last year and this year? It's going to be hard to keep ANYONE on long term let alone the talented people if there's another... — read more
$2.50 😮
No words
"There's no place like home" 👠 👠
If only the CEO wishes he could click his heels and go back, monetise the GUI, mouse, ethernet and PC and things would be a whole lot different. 👠 👠
Stock price at all time lows
Xerox stock hit 1/5/10 year lows today and closed at $2.60. Steve B is running Xerox into the ground. We won't survive 3 more months. The end is near....
Judge Dismisses Most Claims in Webway 360 Vs. Xerox Lawsuit.
Judge Dismisses Most Claims in Webway 360 Vs. Xerox Lawsuit. https://tonernews.com/forums/topic/judge-dismisses-most-claims-in-webway-360-vs-xerox-lawsuit/
How I realized this company is BS'ing everyone
Q3 results "Revenue of $1.96 billion , up 28.3 percent, or 27.0 percent in constant currency"...."Operating cash flow of $159 million, up $43 million year-over-year. Free cash flow(1) of $131 million, up $24 million year-over-year." These are all... — read more
Some days I swear half the company is booked in meetings for sport
Why? Why is that needed? Most of those meetings are nothing but people repeating things that were said many, many times before just packaged another way. It's not like something positive or new comes of it. So what's the point, other than to keep... — read more
At least the SLT stock holdings are virtually worthless
Hilarious - just think of all the SLT who have been building up their financial future on their stock awards. As these were over $27 not too long ago, given a stock price of $2.70 today, their ‘stockpiles’ are only worth 10c on the $ now. Oh, what... — read more
Risk of Delisting
Do stock holders lose everything if they are forced to delist? What about shorting the stock, what happens?
CareAR??
What is Xerox even doing with CareAR at this point? I thought I heard rumor of an acquisition that never happened?
and to think
SB borrowed $500 mil of the company's money to buy out Uncle Carl so that he could remain in charge to earn $14 mil per year. At least Jeff Jacobson's middle of the night play to stay in charge and have Fuji buy Xerox would have been INFINITELY... — read more
So Legacy Lex gets to keep their 401K matching this year...
... just not Legacy Xerox folks. That's fu--ing delightful.
Corruption at the top
Interesting they cut the Dividend on the Common Stock by 90%, yet retained the $20 payment on the Preferred Stock. No coincidence of the Preferred Stock holder being DD and his man is the Chairman of the Xerox Board.
2.97
Jeez. $2.97. It’s all working - eh? All the SLT and leaders are stupidly silent with no Plan B at all. And when anyone (SB) openly has to say “trust me” as there is no natural, organic trust or credibility there at all, most intelligent adults know... — read more
Interim Impairment Evaluation
https://investors.xerox.com/static-files/adf78906-cdf0-4fef-b8ce-21264d06bd9b This is the part of the 10Q where they give up the game. "We assess goodwill for impairment at least annually during the fourth quarter and whenever events or changes in... — read more
Xerox garage sale: everything must go
Reinvention” now means selling whatever still works. Word around the water cooler: XMPie (the tool that is supposed to connect print with marketing) is being polished up for auction, and DocuShare, the zombie ECM that still brings in maintenance... — read more
$101Million in Q3 interest
https://investors.xerox.com/static-files/adf78906-cdf0-4fef-b8ce-21264d06bd9b Debt servicing on the interest is up to around $1.1 million a DAY! Each and every day, this is not going away. Not principal, just the interest. Under 'Total Interest... — read more
26,300 Total Employees
https://investors.xerox.com/static-files/adf78906-cdf0-4fef-b8ce-21264d06bd9b JFC. It's in there under 'Worldwide Employment' as of 9/30/25 there are 26,300 Xerox employees now. Much worse than I thought it would be.
To IT Leaders and Program Managers - One Sales persons Perspective
Xerox has too many challenges in their main "core competency" to overcome objections from their customers regarding IT services. Just because a small portion of our customer have onboarded, doesn't predict future success. On any given day, my email... — read more
Another rat jumped ship.
SB wants everyone to pitch in but his “team” is abandoning ship.
Employee Survey
Here’s a suggestion for X, why don’t you send a survey out to all staff when they can reply anonymously (or not if they wish) and tell the SLT what’s REALLY happening out there. No hiding just pure honesty.
The Gamble - wait for a payoff ?
How many are waiting for that payoff, that tap on the shoulder, that bonus to leave the sinking ship. But worse than that, how many are just coasting along without a care in the world, ensuring that the ship will inevitably end up sinking, despite... — read more
Xerox Comedy I
Does anyone else laugh as hard as I do when SB calls J.E.G., Jag? Dude doesn't know how to pronounce a high ranking member of the EC nor does anyone on EC care to correct him.
The real bad stuff will be in the 10Q, which is due on Sunday
The happy-talk non-GAAP will be left out of the formal earnings filing, and we'll see how bad it really is. It's due 40 days after quarter end, which is Sunday. They will wait until after market close to do so.
I can get $100m for XRX!
SLT members from the last 5 years return your compensation.
Nobody Mentioned This
SB in response to one of the canned questions; "it's impossible to forecast quarter to quarter for Wall Street". Wait, what?!!! I thought that is your job. Then he followed with a telling slip of the tongue; "That's why companies go private and can... — read more
Continuing to march to the beat
"We, the unwilling, led by the unknowing, are doing the impossible for the ungrateful. We have done so much, for so long, with so little, we are now qualified to do anything with nothing." ---Konstantin Josef Jireček---
The Truman Show is over
For anyone who hasn’t seen “The Truman Show”: it’s a story about a man who lives inside a perfect illusion. His entire life is a TV set. The town, the neighbors, even his wife and coworkers… all actors. They know it’s fake. They get paid to keep the... — read more
S&P just downgraded XRX to CCC+ an hour ago
https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3473445 I guess Wall Street didn't care for the Clown's pep rally today. This is why you pay your bills.
So Mr CEO, is it really Free Cash Flow, or unpaid bills
Has the CEO broken SEC rules on declaring Free Cash Flow on the Q3 Results, after he admits to the employees that it is only there because the company held payments for debts.
SteveB: the unfiltered reality check
This isn’t rumor, emotion, or gossip. This is what the company itself has said, plus the math that follows from it. No fluff. No slogans. Just reality. Where Xerox actually is: Q3 cash generation did not cover costs; free cash flow driven by... — read more
Q4 will be worse
Layoffs will be bigger than the 15% wave a year ago. The goodwill write down will be in excess of 1 billion, and that will lower the EV and push Debt to Equity to over 1000%. Access to debt markets will effectively cease, and vendors that aren't... — read more
The Callousness of it All
We all knew it'd be ugly but wow oh wow.. let's just summarize what we were told: Stop prioritizing personal matters and start to prioritize Xerox. In his famous word salad told us that we need to manage our lives at home and how we are spending... — read more
Is there risk?
One of the questions asked was: is there risk of bankruptcy, assuming this spouted from someone who heard one of the many 3rd party analyst saying there is a high risk of such an event. The answer from SB was: Absolutely not, as long as we execute... — read more
11/5/25 Townhall Reactions
This merger is really making me think about who bought who? So far looks like a lot of Xerox folks got cut in favor of Lex and their processes. I guess that’s the big solution? As always, it’s just rearranging chairs on the deck of the Titanic.
Town Hall Bingo!
Take a sip every time you hear: We've got more work to do We gotta make the hard decisions Xerox is BACK. We are here! The Street is loving us/The Street is excited I will answer that later
Is he really saying this?
Is he really talking to us about how we manage our pay and cut backs we have to do at home? He did get a raise this year, when have we received a raise to support the cost of living increases?