New low-oh-oh-oh oh-oh (NKOTB jingle). Wow, we're really sinking, gang. How long do y'all think we will circle the drain until we're under a buck? Will the savings from the layoffs keep our heads above water in Q2? I'm in the weeds trying to keep up the work of three as is. Time to update that resume.
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@db Severance payments should be listed as operating expenses for the next 2026 with the number of rounds of layoffs that are expected.
@d7 Why couldn't severance be added on the books as expenses and paid out on the books as one line item but ongoing expenses of salaries for the same set of people (be removed from the books). So from a book keeping and reporting salaries expenses has decreased.
Like saying we have a one off write expense (severances) that is now on the book but we have decreased operating expenses going forward due to lower salaries expenses. I see that both can be true at the same time for in "investor" speak and the lowering of operating expenses is a positive for the market.
@d4 That is not how the accounting works.
@as Severance for nearly all is capped at under a quarter in the U.S. by this point. Especially with zero vacation accrued now.
They’re probably waiting until bankruptcy to get the bulk of foreign RIFs accomplished.
@bs sorry you're not entirely correct. In some areas severance is paid out over a year plus. It's not all lump sum.
So … soon 14$ will get me control of the company.
I would sell the remains for scrap metal, and open up a fruit stand.
I would generate far more revenue than
What’s happening now. Even if I used an honor box where you just put the money in and take the apples. 🍎
@b8 because people laid off don't get paid out over months?
They have a date they want them gone by and their 3 month notice period and redundancy is paid out all at once. Surley no one works the notice period?
@aw how, if they are still getting full pay for weeks some even months?
@as "They're part of the longer term plan." And three more rounds on the books for the year.
@as XRX will see reduction in payroll in Q2. Check how the accounting works... The benefit will not be obvious though because of offsetting increases in interest expense.
@OP we won't feel the benefits of the layoffs in Q2 as some of those people will still be getting paid. Some of them even into Q3 and Q4 will still be paid. Layoffs aren't quick fixes. They're part of the longer term plan.
There is a warrant, and a stock. If you cannot tell the difference you should not be posting.
Closed at 1.75 today. 1.60 by middle of March, maybe sooner?
We should be seeing ore layoffs in May and August and Oct this year; expect the 2nd/3rd week each of these months.
if we are taking bets for under $1.00 that would be a great bet for polymarket. My bet would be 2H 2026.
@a2 Google is showing you the warrant not the stock! XRXDW is the warrant. XRX is the stock.
it's doing that .11 thing again on google
0.11
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