Thread regarding Xerox Corp. layoffs

This is very likely. Thinking First finance, then remaining research, then geographic, then office production services units in North America.

You do know the plan, since the PSR program, has been to spin Tech Service off? 'They' have been trying to spin it off or cheapen it's operating cost for three decades in a variety of ways. The PSR program didn't work, they made them into technicians. They tried to get techs to start their own agencies, fail. We took the work back. They tried direct re-assignment to put techs at point-of-need, techs quit. They bought Global and kept them on the fringe... they use their own vehicles, pay them less and reuse parts from printers that have been returned. Why wouldn't they have a better performance? Xerox tech Service is being merged with Global. This is finally their answer. Why wouldn't they do this and sell it off? It would be a service company that services every 'box' in the market, cheaply. Very attractive to sell and spin off. Like an appliance repair company...sigh. Then, Mother Xerox is free to be a software company stand-alone. They produce and support the 'appliance/hardware' company but, are not carrying the overhead. Simple.

Iridesse is nothing great either. It is based on ancient technology as well and is essentially just a ColorPress with 6 station capability.

I can't see a break-up and sell-off. The fact is that there is no value to anything in Xerox now. R&D was crushed under Ursula Burns and her ill-fated foray into services. The Office products are "me too" at best, and more expensive than Canon, KM, Ricoh et al. The Production products made in America (iGen, Nuvera, Brenva) are either ancient and expensive, or irrelevant and expensive. The Versant range (Fuji developed) has fallen behind the competition in terms of features and price. The one shining light is the new Iridesse, but you can't base a production portfolio on one product.

Why would any competitive vendor (HP, Canon/Océ, KM, Ricoh) invest in something when they already have better portfolios and a stronger roadmap? If the Xerox board don't do enough bowing and sc-aping to convince Fujifilm to complete the acquisition, the only future is complete collapse. The silver lining of course is that Icahn, Deason and Visentin won't be able to pad out their fat wallets any further.

The Xerox Research Centre Europe (XRCE) in France was sold in the middle of 2017 (pre-Ichan) to a European company called Naver. The research center in India (XRCI) mover over to Conduent earlier in 2017 with the split. Thus, I believe Xerox only has 3 remaining R&D facilities - PARC in Palo Alto, Palo, XRCC in Mississauga near Toronto, which I have heard has been gutted over the last year, and a bit in Webster.

Everyone knows the 'traditional' print & copy market is dying and the fact that before the split that Xerox spent very little R&D money on the print side of the business. Thus, a big selling point with the proposed Fuji deal was access to their deeper R&D capabilities as Xerox does not have the internal R&B budget nor talent to transform the company as a stand-alone entity. I can only imagine things are worse now.

Production print could be sold. So could GIS if they want out of hardware and office. Office print could be sold, but I'm not sure of the value there since it's the real declining market and Fuji has such deep involvement.

Add PARC to the list of things that are likely to go. And I believe there's also an R&D center in France that will likely be split off.

Toner can be broken off and sold and most likely will. Also, ENBI is interested in our roller manufacturing line(s).

XFS sale is most obvious break-off.

I'd be surprised to see it broken up an sold. I don't see a lot of pieces available to break off.