Thread regarding Xerox Corp. layoffs

Xerox Net Revenues over Time

If anyone still thinks there is any future for them working at Xerox, just google their historical revenue numbers. This is a snapshot of last few years - the picture is even darker if you go back further:

Xerox revenue for the twelve months ending December 31, 2019 was $9.139B, a 7.03% decline year-over-year.
Xerox annual revenue for 2019 was $9.066B, a 7.77% decline from 2018.
Xerox annual revenue for 2018 was $9.83B, a 4.24% decline from 2017.
Xerox annual revenue for 2017 was $10.265B, a 4.7% decline from 2016.

by
| 1123 views | | 2 replies (last February 10, 2020) | Reply
Post ID: @OP+13pC9Fl7

2 replies (most recent on top)

And this is what “circling the drain” looks like. Anyone that thinks a 25% revenue decline in four years can be fixed by deep cuts and smoke/mirror investor lies is drinking the kool-aid.

by
| | Reply
Post ID: @2bpe+13pC9Fl7

But wait! We can make it up on volume and by cutting expenses!

(Said no one ever........)

by
| | Reply
Post ID: @1cbp+13pC9Fl7

Post a reply

: