These stockholders consistently state that they want
the enhanced returns, improved growth prospects their shares loaded with more debt and best-in-class human capital made redundant and replaced with the cheapest that can be found
The mini saga that is Xerox's effort to financially charm the pants off HP Inc shareholders has taken a new twist – the copier biz is upping its bid to more than $36.5bn. Xerox confirmed to The Register today that it will raise the offer to $24 per share, higher than the previously tabled $22, on or around 2 March 2020. This …
Raise what prices?
People are still buying the loss-making printer hardware, but a lot less of the profitable ink.
As an example, I bought a Canon laser printer 3 years ago. I've used 30% of the ink. So when it runs out, it will probably be about 10 years old, and very likely, I will just replace the printer.
Where ? The ones that were laid off because they had the experience and a salary to match ? They're gone.
What's left has either been hired from the bottom of the salary pit or stayed in HP simply because not good enough to command a high salary.
There is no more best-of-class at HP. There's just couldn't-find-another-job.
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