If so, why? Any chance the other show boats will be exiting as well?
15 replies (most recent on top)
Adios to a Dud
Wow, he's leaving before getting to accomplish all the great things we've been hearing about for so long?
Creeper status.
Omg, get real people, the Xerox name is a joke
You're like The Dollar Store version of copiers
Xerox hoping for a merger/buyout like princess waiting for pictures developed at the fotomat booth. “Someday my prints will come” -pun intended.
Kodak, Blockbuster, Atari, Lehman Bros… Anyone who thinks Xerox is too big to fail rode a unicorn to work on the rainbow expressway.
leaving where, xerox? OR the land of the living?
The answer is no.
New CEO before Q2 results are reported, numbers will be cr-p, then an announcement of significant cuts and restructuring reserves that will hit 2022 to set up for earnings improvement in 2023… but the market… supply chain… CareAR will surely save us…
This is just a matter of necessary consolidation in the industry dip$hit. Long overdue and WILL happen. The point being: the Xerox name is not going anywhere. Get used to it. Just because Johnny hurt you you’re seeing things through your tears incorrectly.
Hahaha…Uber eats has better logistics than xerox. Nobody can touch us…Nobody wants to touch you!
In the process of looking at a couple of OEMs! Laughable. Why would they throw xerox a line now? They WILL wait until the One Boat takes on more water or just let it sink and fill the void. This is just objective logic: would you buy a house now with interest rates going through the roof or wait until the defaults cause more supply and prices to decrease? Xeroid arrogance at its best.
I personally don’t think it will make a difference. I know people see the negative in everything, but project Own It was absolutely necessary to become super lean of a company, especially because of the covid impact. At the end of the day we are a publicly traded company. It’s just business. The disgruntled employees will wish death upon this company but it’s just not going to happen. A merger with another company with Xerox’s name at the top is inevitable. Our worldwide distribution network, sales channels, service org and overall footprint is too important. Nobody can touch us in that respect. We are in the process of looking at a couple OEMs where it makes sense. My guess would be sometime in 2023 to set those wheels officially in motion.
He is dealing with health issues. But aside from that - what if he did leave? Would it be a Huge loss?!? Is xerox going to be much worse (lord I can’t even Imagine that) Does it impact you directly? In the 25 yrs I was there I never came across a CEO change that made any difference for me personally because it was the same song and dance just a different beat.
This rumor has legs and yes it only because of health related issues. Not some far fetched theory about him leaving because Xerox is going under, blah blah blah. Let the conspiracy theorists keep their circle jerks going on Telegram.
The only place I've heard that is here, and this site hasn't been remotely reliable in 3-4 years. I wouldn't be surprised though, if he's having health issues, which seems like a possibility.