XRX is at a crossroads, and cutting its $13 million annual dividend may be the only way to ensure its survival. With mounting debt and financial strain, continuing to pay out dividends is no longer feasible. The company should have taken action sooner, but it’s not too late. Issuing more shares while maintaining payouts would only worsen its financial position. To stabilize, XRX must prioritize debt reduction and cash preservation, even if it means disappointing investors. Tough choices are needed for long-term survival.