I see in the business news which I read regularly when I’m desperate for something to write about here that Xerox is planning to become two companies, so I leave that for talk-show monologue joke writers who need easy source material. Nobody actually thinks you could run a whole company through a photocopier and get anything useful out of it. You’d need a company that did something useful to start, and now that everybody’s been trained not to say “xeroxing” when they mean “photocopying”, it turns out we don’t need Xerox to do anything.
The plan, says Reuters, is for Xerox to split into one company that does its “legacy printer operations”, which almost but not quite answers the question of “does Xerox still make printers or photocopiers or anything?”; and one that handles is “business process outsourcing unit”, which I don’t know what it does but I imagine it means they tell other companies how to fire everybody who does the actual work and replace them with cheaper people who don’t quite know what to do. But see how we didn’t need Xerox to do anything: they’re on top of it already.
The split comes after years of the company trying to figure out how to do both things together. So now they’ll spend a few years figuring out how not to do both things together. The twin Xeroxes can go off and attempt merging with other companies that do still other things and, having engaged in these acts of corporate syzygy, come back in a couple years to merge into one big company that will do all sorts of disparate things kind-of well-ish together. It’s part of the glory that is the life-cycle of money we don’t have.