Thread regarding Xerox Corp. layoffs

Rumor mill is saying Xerox changed the severance policy again, like they did 1week prior to the August layoffs. Can anyone confirm? If yes, any detail?

Corporate IT. Layoffs have been ongoing, at least 3 rounds since August, but there is never a comm so you just hear it from those affected or close to them. Many groups will simply disappear by year end with Wipro taking over. The guy leading IT has no IT understanding at all.

Xerox’s IT or the IT people at the XBS cores?

IT

@ZJqjI5w-1guu Put up or shut up. What info do you have?

Middle managers that were being re-badged were identified in the leaked PP (my cores' Admin Manager was listed); those are likely to be terminated once the processes are moved to offshore support.

The Core VP's will be (and have been) offered severance or a different position if available (a couple presidents from consolidated cores are now in the role of VP of Sales in those cores). There will be a regional President and regional VP of Service (those are being eliminated at the core level and our's is currently looking for a new job since he did not get the regional position).

Those are just some of the things in the works; many of the IT staff are being shifted to the WiPro disaster, From what I've heard the sales reps that are performing are safe, the field/hardware tech's are pretty safe and that is about it.

The rest of us are on terminal employment waiting for the "waves to hit and and wash us away" or we are actively seeking alternate gainful employment (EVERYONE SHOULD BE DOING THIS).

Are you ready for another round of rebadging? Coming soon to a theater near you...

There's no VRIF!

I had read in an article months back that there would be cuts to middle management. Anyone know anything about that happening? And, there was a rumor (on here) that some of the Core presidents would be cut. Anyone have any intel on that?

The next major move will probably be the crashing of Wave 1 on the previously listed cores....those employees will be cut and HCL will save a ton of money by having unskilled, low paid workers in India and Guatemala do the tasks. Whether they can do it well is irrelevant.

Other likely scenarios will be action on the accounting side with a consolidation of this function at the core level else at the corporate level. Thinking that XRX will leave an accounting team (controller, CFO, accounting managers) in each core when it can easily be consolidated is wishful thinking. They can't grow revenue, so this is an easy decision for them. The CFO's all signed NDA's so they can't talk about what is happening. Retention bonuses for their silence were also awarded. I do not know if those bonuses made it down to the staff levels. My guess is probably not as XRX is cheap.