Thread regarding Xerox Corp. layoffs

XBS Core Check on Monday Layoffs

Please respond with names of cores impacted by the Monday layoffs. Was it limited to sales and operations? How many people? Any additional layoffs on Tuesday?

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| 4571 views | | 14 replies (last May 18, 2020) | Reply
Post ID: @OP+14WPccOO

14 replies (most recent on top)

Electric System Inc in Virginia furloughed today. My area lost all except 2 techs, and they both service the high end production equipment. This makes no sense now because workload has really picked back up. 6 weeks ago I would have expected this.

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Post ID: @5byb+14WPccOO

It’s hard to let Post ID: @2tzx+14WPccOO go without a remark. It doesn’t sound like you have Finance or business sense, so I’m curious why you though to make those statements.

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Post ID: @2qse+14WPccOO

Speculation abound.

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Post ID: @2xjd+14WPccOO

what about the Toronto office?

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Post ID: @2fsp+14WPccOO

Next Thursday,9am ET, Xerox will be conducting their virtual annual meeting for investors. Here, they will be presenting also state of the business and the outlook for 2020. Based on the share price today at $15 vs $38 in January, it looks like internal folks know something bad is coming along and had been selling short! This might be the meeting we see Xerox finally snap!

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Post ID: @2tzx+14WPccOO

A lot of fortune tellers with no actual information around here.

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Post ID: @2dwt+14WPccOO

Again. It is fairly unreliable here these days but does anyone know if the upcoming cuts are still mainly XBS or are they going to start cutting corporate Xerox staff?

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Post ID: @2sbk+14WPccOO

Fire sale or bankruptcy, just get it over with already

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Post ID: @2gjh+14WPccOO

Oh I foresee many layoffs coming and soon, just from what I have heard on calls lately, it's not so much what was said, it's more the tone and what was implied

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Post ID: @2vph+14WPccOO

more to come tomorrow ...

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Post ID: @2eck+14WPccOO

A lot more to come I heard. NY and CT

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Post ID: @1fso+14WPccOO

The President of STW was let go last week.

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Post ID: @mak+14WPccOO

Saxon, are you one of the cores merging with another core? I am curious.

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Post ID: @mrg+14WPccOO

XBS SAX - monday we lost 4 persons from our sales area, a logistic router coordinator & a warehouse member .... so 6 persons at our core

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Post ID: @vql+14WPccOO

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