Thread regarding Xerox Corp. layoffs

no

Like @dc said, institutions hold 85% of the shares, your vote won’t matter.

@cd stock is a bargain. It’s worth the $5 investment to vote no. In fact, instead of that employee survey they had us do they should have just given everyone a share or 2 so they could vote at the meeting on May 20. Our votes could be the survey instead.

Is the executive committee from that year even here any longer?

@dg Just to mess with them. Although it would not happen due to the institutional stockholders, if a no vote was possible, the EC would not be able to pay themselves at the current levels of compensation because there are not enough shares available to grant. I.E, a 100 share grant last year was worth about $600, a 100 share grant right now is worth $120. XRX needs access to 500 shares to award the equivalent $600.

Why not yes?

YES

85% of the stock is held institutionally, don't hold your breath.

Also, these clowns deserve whatever haircut they have coming to them, for letting SB sit around and su-k up the hourly, while crashing the stock 90%+ over his short reign.

They will vote yes on everything, IF this meeting happens.

It will probably happen, but is not a given. They could file CH11 preemptively if the Q1 numbers are a real mess.

@cd many have a share or 2 left over from stock comp. I have one share. Doesn't matter though. The institutions always vote with mgt.

@c7 no intention of helping the company. This is to provide a mechanism to enable higher levels of EC comp. Keep in mind the stock does not have to go up for grants to have value.

What sane employee would own any xrx stock at this point? Without stock we can't vote

@OP
Isn't this a bit late in the game?
You can't unring the bell, the damage is done.