Xerox Holdings Corp Q4 2021 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : John, you mentioned as you're planning for 2020, the return to work is more a matter of when and not if. But I guess there's also consensus that an increasing number of professionals will work in a hybrid setup even as people come back to work. So just wanted to understand how you're thinking about aligning both the equipment business as well as the managed print business to increasing REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JANUARY 25, 2022 / 1:00PM, XRX.OQ - Q4 2021 Xerox Holdings Corp Earnings Call number of people working in a hybrid setup and sort of growing the business with the consumers in a hybrid setup as well? And then I have a follow-up.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : Okay. And just as a quick follow-up. I think looking at seasonality, 1Q on average tends to be about down low teens versus 4Q in terms of revenue, if I look at the past few years. Just wanted to think -- see if you can help us think about how to think about the setup for 2020, given that you have a backlog, but you're also talking about constraints and sort of the delayed return to work in the first half itself. So just maybe help us think about how maybe it is typical seasonality...