Tagged With "Fujifilm-Xerox"

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Re: Icahn warns danger of bankruptcy in Fuji-Xerox deal

Jason H ·
The plot thickens!
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Re: Office Depot expands in-store presence of Xerox units

Art Post ·
Well, just after we hear about Staples buying Dex Imaging. We know see Office Depot is going to add thousands of Xerox MFP's to their locations. In fact from what was posted Production Units will also be in play. Does Office Depot have the cash to buy Xerox?
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Re: Office Depot expands in-store presence of Xerox units

TML ·
Today's news and now this are pretty interesting to read about. Will be very interesting to see how this is to play out.
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Re: Office Depot expands in-store presence of Xerox units

fisher ·
In the early 2000s you could go into a Staples store and they would have commercial Canon copiers. It didn't last long.
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Re: Xerox Global Rumors today

Art Post ·
WEBSTER, N.Y. (WHEC) - Xerox is planning a new round of layoffs. A representative for the Rochester Regional Joint Board of Workers United said Xerox informed him it will be reducing management staff; union employees will not be affected. Advertisement – Content Continues Below Xerox cut hundreds of jobs back in August. Now, the union confirms it has been informed by the company that a new round of cuts is being rolled out Thursday. So far, company representatives haven’t said anything about...
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Re: Xerox Global Rumors today

Art Post ·
https://13wham.com/news/local/...e-announced-at-xerox
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Re: Xerox Global Rumors today

Art Post ·
Spectrum News ROC ‏ Verified account @ SPECNewsROC 52m 52 minutes ago One employee we spoke with said he was laid off this morning after 20 years with the company. The full scope of today's layoffs is to be determined. http:// specne.ws/yegZEm?cid=twi tter_SPECNewsROC … # ROC
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Re: Xerox Global Rumors today

Art Post ·
Webster town supervisor Ron Nesbitt concerned over what he says is talk of huge layoffs at # Xerox today @ SPECNewsROC 1 10:22 AM - Dec 13, 2018
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Re: Xerox Global Rumors today

NC_ACC ·
Did I mention that COECO (my company) is now an Anchor dealer for Xerox?
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Re: Xerox Global Rumors today

Art Post ·
Carl What is an "Anchor Dealer" ?
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Re: Xerox Global Rumors today

Art Post ·
December 13, 2018 08:28 PM More employees at Webster's struggling Xerox plant went home without jobs as the company executed a new round of layoffs Thursday. The company remained silent on its latest cutbacks but union leaders, local government officials and newly dismissed workers told News10NBC that numerous employees were let go although none of them could say exactly how many. "It's always nerve-wracking," exclaimed employee Sandy Mele who was not one of those dismissed."I've heard it...
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Re: Xerox Global Rumors today

Art Post ·
Not only employees getting screwed so are Xerox Vendors The layoffs are occurring around the country at Xerox' Global Imaging sites, so the impact is wider than just in Rochester. And now they are not paying vendors within terms, any vendor without contracted terms are being paid in 60-90 days. While at the same time Xerox is pressuring their sales teams to help collect money from their customers. Don't be fooled by John V, anyone below his reverse Robin Hood group of merry men are at risk.
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Re: Xerox Global Rumors today

Art Post ·
3 Word Statement: Define cause of Xerox' decline What's your 3 word statement? Here is my: "Unable to adjust"
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Re: HP should Buy Xerox

SalesServiceGuy ·
I am deeply concerned about the race to the bottom with A4 product. A4 product certainly gets better everyday and some salespeople say it is just as good as A3...maybe true... except for your commissions. If you like Kraft dinner or Ramen noodles, downgrade your customers from A3 to A4. Let us not forget one of the largest A4 players out there is Lexmark. Lexmark is a 100% Chinese owned company called NineStar based in Guangdong, China. If you cheer MAGA, you cannot cheer Lexmark. God knows...
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Re: HP should Buy Xerox

Ray Stasiezcko ·
Appreciate the comments. However, your arguments regarding A4 vs. A3 pertain to what’s good for you. Industries which are going through disruption or when an industry’s particular product or its services become less valuable to those once dependent on them. The disease of Product-Centric thinking will infect those with a stubbornness to modify. It is not up to those who sell a product or service to determine its value. Its value is determined by those who buy the product or service.
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Re: HP should Buy Xerox

SalesServiceGuy ·
In 2016, Apex Technologies (now NineStar Corporation) purchased Lexmark at a 17% premium above its share price. In the background, the Chinese gov't had purchased a 5% stake in Apex (at that time a relatively small and unknown maker of 3rd party toner and inkjet cartridges). In fact, Lexmark sued Apex for for at least 15 patent violations. Via what is known as the IC Fund, the Chinese gov't is supporting its technology companies with the goal of of advancing China's, "Made in China 2025", a...
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Re: HP should Buy Xerox

Art Post ·
SSG Wow, this has opened my eyes Thus the reason Huawei phones are not sold in the US. Personally, I don't trust the Chinese as far as I can spit. Who knows what chips are being loaded into Lexmark printers.
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Re: HP should Buy Xerox

SalesServiceGuy ·
It goes way beyond phones with Huawei. Huawei is attempting to dominate the global telecom market for next generation, super high speed, 5G networks. The reason why the Chinese gov't is flipping out over the extradition issues with Meng, CFO Huawei is because she is considered to be a key technology Princess in China with deep family ties to the Chinese gov't. The Meng extradition issue is exposing China's "Made in China 2025" plan to replace the USA and other countries in select dominant...
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Re: HP should Buy Xerox

fisher ·
There is little to no margin in A4. Folks who want those products are just going to buy on-line. Let them. Best bet is focus on areas where you can still make money. Let other people chase the race to the bottom stuff.
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Re: HP should Buy Xerox

SalesServiceGuy ·
I am beginning to realize that one of the best tools to use when offering a customer both an A3/ A4 proposal is a longer term lease. Many A4 devices begin to require expensive major parts replacements somewhere around 150k to 200k prints. An A4 product could be a great solution for a customer who on average will never make more than 2,500 colour or 3,500 black pages per month x60. To sell a more expensive A3 product into that same space consider offering a 72 month lease so as to get to a...
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Re: HP should Buy Xerox

Ray Stasiezcko ·
It’s about the realities of data. Over 80% of the current A3 placements fit into the volumes you discuss. The facts in the data also show that A3 equipment takes three service interactions to only one service interaction on A4 running comparable volumes. All dealers need to reach out to BEI Services and understand the realities of the total service cost, especially as DaaS becomes the new billing model. In the near future, the customers will have new options more than likely which will come...
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Re: HP should Buy Xerox

SalesServiceGuy ·
I do understand where you are coming from in terms of your data that A4 MFPs are destined to displace A3 copiers at an accelerating rate. I also agree that A3 copiers vendors need to step up their game in terms of IT support and capabilities. A3 vendors still hold a couple of cards that IT centric print resellers do not have. 1). Feet on the street, experienced outside sales reps who can make 20 cold calls a day. We are in the B2B business which to some people means belly to belly 2).
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Re: HP should Buy Xerox

SalesServiceGuy ·
I find it interesting that if you go to www.lexmark.com and search their website for "investor relations" or "financial statements" you get no response. If you search the NYSE or NASDAQ you will not find Lexmark except in the past tense. In the USA, Lexmark's Chief Financial Officer came from Huawei in 2017 and was first educated in Shanghai, China. To be fair, most of Lexmark USA's Senior Executives and Board of Directors seem to be of the highest quality and American descent. One has to...
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Re: HP should Buy Xerox

fisher ·
If I was a Lexmark dealer I'd be a cheerleader for A4 too.
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Re: HP should Buy Xerox

Ray Stasiezcko ·
Fisher give them a call I am sure they would welcome you to the team. A4 will be the future for an extremely large portion of the current A3 population.
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Re: HP should Buy Xerox

SalesServiceGuy ·
I am interested in your thoughts and data points that can confirm or deny that Lexmark OEM toner and OEM imaging unit yields tend to be, in the real world, often well below expected stated volumes. A real profit killer in cpc and MPS contracts.
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Re: Xerox To Close About Half Of XBS Offices

Art Post ·
My sources told about two locations one in NJ going from 5 locations down to 2 and another in the mid-west going from 8 locations down to 3. "we just got notified today that 5 of our 8 offices are to be closed and that the sales and service people will be working from home or in two locations they are looking for incubators for them but any admin will be let go. And since all of the locations had sales and service managers they will be given the opportunity to become service techs or sales...
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Re: Xerox Ditches TSG Program

Art Post ·
Frak, I remember when this program first launched it was a killer when someone brought up this guarantee. In most cases I lost the deal. Now all I have to fight against is "worry free investment". Piece of cake!
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Re: Xerox Ditches TSG Program

Art Post ·
I received an email from Frank Vasquez this AM about this. Some great questions. WOW. There are so many questions that this raises: How many machines did they have to replace that ate those profits The machines aren’t getting better, so now they will have really pissed off customers that can’t get their machines replaced Or, does this have something to do with the possibility that Fuji may not be Xerox’ equipment maker in the future? Thanks,
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Re: Xerox Ditches TSG Program

Jason H ·
This is great news! I love when things like these get taken away!
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Re: Xerox Ditches TSG Program

Art Post ·
I find it hard to believe that too many clients were "taking advantage" of Xerox
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Re: Xerox Ditches TSG Program

Jason H ·
Agreed, because I am sure they will exhaust every option possible to not replace the machine.
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Re: Xerox filing details 'Project Own It,' plans to save $1.5 Billion

H Carl Little ·
Why would I buy a subscription to a Rochester newspaper to read one article?
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Re: Xerox filing details 'Project Own It,' plans to save $1.5 Billion

Art Post ·
I agree with you!
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Re: HP should Buy Xerox

SalesServiceGuy ·
China announced that they intend to place gov't employee/ observers into the Top 100 private tech companies in Hangzhou province of China with the stated goal of fostering a better business environment. China to place government officials in 100 companies including Alibaba The list of companies has not been published. NineStar Corporation of China which owns Lexmark is headquartered in a different province. NineStar has been described as the 4th largest tech company in China. Despite...
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Re: Xerox CEO John Visentin Awarded $23M Total Pay In First Year

Art Post ·
Job well done to make $23 million US dollars. How many lost employees did it take to make that happen? I don;t know how many Xerox copiers were manufactured in 2018. Could it have been 100K? If so John V made $280 on every unit sold. Not a bad gig
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Re: Xerox says exploring potential deal for financing business

Ray Stasiezcko ·
Maybe HP buys the finance business. should fit right in with their global finance expansion. Not to mention HP will eventually buy the entire Xerox business, as soon as carl gets all the operating cost lower. Xerox is working on a strategy to sell. It won't be long before HP opens the garage in Palo Alto and welcomes the new team from Rochester.
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Re: Xerox & HCL Breaking News

Art Post ·
At first I thought HCL was Hertz Commercial Lease. I'm getting told old for this. This confirms the report we had a few months ago that AP & AR would be moved off-shore.
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Re: Xerox & HCL Breaking News

Martin Hofman ·
So soon? April 1st is already in 1,5 week....
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Re: Xerox & HCL Breaking News

gap ·
Xerox is clearly cutting costs any way they can. Closing offices, layoffs, and now moving jobs off-shore.
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Re: Xerox (XRX) Q1 2019 Earnings Call Transcript

Art Post ·
It's my understanding that most of these savings came from the backs of the employees and the consolidation of many Global and Xerox locations. Yes, Xerox is profitable, but I also know of many xclint sales people that have left the Global (XBS) ranks. You just can't replace these peeps overnight. Winners: John Visentin and Xerox shareholders Losers: Employees
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Re: Xerox (XRX) Q1 2019 Earnings Call Transcript

Art Post ·
Norwalk-based Xerox jettisoned 400 more jobs in the first quarter of the year while leaving unfilled roughly another 1,100 that opened up as a result of employee attrition. The reductions took Xerox’s workforce to 30,900 people at the end of March. Under CEO John Visentin, revenue dropped 9 percent from a year earlier to $2.2 billion, but profits surged to $133 million from $23 million in the first quarter of 2018. Shares were down 5 percent Thursday to $32.17, but remain up 60 percent on...
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Re: The Toner Wars

SalesServiceGuy ·
Great article! A lot of stuff about this part of the industry I knew nothing about.
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Re: The Toner Wars

Martin Hofman ·
Very interesting (and true) view on the future!
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Re: Oh my, when selling copiers door to door was so simple?

Art Post ·
Harry: Awesome!!! Brings back many memories..... "You earned to right to have your own business card after making it past the 6 month employment mark. In the mean time you had to use white out on the reps card who recently left your territory",, yeah I was one of those that inherited someone's old business cards. we didn't even have the white out we just crossed the other persons name off! I can remember one phone blitz where we all had to stand on our chairs and make phone calls, after the...
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Re: Oh my, when selling copiers door to door was so simple?

John Saramak ·
Love all of this. I had to show up first day with a Ford Galaxee wagooooon. I could fit a saving 840 and 765 in the back. Get the toner and liquid dispersant loaded and don't bring em back. Braniwashed and it worked.
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Re: Oh my, when selling copiers door to door was so simple?

Old Glory ·
Schools typically buy in the summer and bought larger equipment. Back then, suits were mandatory...that IBM look. Imagine if you will what a demo was like after you had just unloaded a 300 lb. copier in 100+ degree heat while wearing a suit!!! And I was in Iowa at the time. I can't imagine what Texas was like. Ever had one of those stairmaster carts collapse, dumping that "already sold" copier onto the customer's floor. Yea, me neither. And that pencil sell..."Mr. Prospect, about how many...
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Re: Oh my, when selling copiers door to door was so simple?

Art Post ·
Well, I had dumped an Adler Royal 209 in the middle of the street in Princeton, NJ once and had another copier that was on the gurney come out of the back of my hatch back at a traffic light.
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Re: Oh my, when selling copiers door to door was so simple?

Dutch ·
I lived that life, and remember it fondly, as the good times... Copier reps heard all the best jokes before anyone, and could hold their ground with anyone during happy hour!
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Re: Oh my, when selling copiers door to door was so simple?

Wallingford ·
I had been a pretty successful typewriter salesman, when I first applied for a job with Nashua. So much so my pride and joy was the Mercedes Benz I drove. When told by the Nashua Sales Manager that my Benz was inappropriate, and that I had to have a wagon, I knocked the job back. I soon changed my mind not long after though, when I joined a U-Bix dealership after I realised how much money was being made in the copier industry. We sold a copier called the U-Bix 101, which was a bit of a...
 
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