Thread regarding Xerox Corp. layoffs

Do you need proof that cost cutting and outsourcing to India does not work?

Just check Conduent stock price. It was $23 at the time of the separation and is now $5.60, down 35% today only. Johnny Vas---ne and Steve B's playbook is the same one that Conduent has implemented in the past 2 years. They better find an imbecile to buy the Xerox tu-d before the sh-t fully hit the fan. I sold all the shares I had in these 2 companies - good riddance losers! As a shareholder, it's not a good sign when so many employees are wishing that their company fail. It says a lot about senior leadership!

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| 1426 views | | 2 replies (last August 11, 2019) | Reply
Post ID: @OP+10slp6ik

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You get what you pay for. You want cheap labor you receive substandard results. Customers paying top dollar for equipment & services will not tolerate it for long. Fact not fiction. Wake the flock up Norwalk. BOD aren’t you embarrassed to have your name associated with this debacle??? Who would look at you as a value add to a future BOD position???

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Post ID: @2xlc+10slp6ik

CIO magazine from like 5 or more years ago “outsourcing didn’t work out”. XRX today: “outsource everything.

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Post ID: @nlp+10slp6ik

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