Reply to post: Re: Savings

Xerox woos HP stock owners with talk of layoffs, selloffs and cash payouts post merger

Pascal Monett Silver badge

Re: Savings

Xerox promises all of this for after the merger :

"On the $2bn of "synergy savings" promised, Xerox said it will consolidate from 8,000 to 3,000 suppliers to cut costs; slash its own IT bill to 1 per cent of revenue from 4 per cent; simplify stock keeping units and beef up inventory management, as well as rationalise (ie sell off) real estate in 555 locations to cut property owning down to just 261 sites."

Why wait ? Go ahead and do all that stuff, it will help you survive a little bit longer.

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