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by perl4ever 2424 days ago
Ursula seemed to think her job was to diversify Xerox away from copiers, and then Carl Icahn came along and said, no, there's more value for shareholders in breaking it up.

The Conduent separation happened at the beginning of 2017. There were some dribs and drabs that were transferred to Conduent because they seemed to be services and not copiers, but most of it was the former ACS.

For perspective (if the numbers I just looked up are right), Conduent has 85,000 employees but averages less than $18K in revenue per employee.