Thread regarding Xerox Corp. layoffs

Investor Day BIG announcement ! or ?

Okay, XRX Investor Day is Wednesday, what bad or good news will we get?

We have stopped laying off as so many people are heading for the door voluntarily - so don't expect to hear about a charge for restructuring (ie getting rid of employees). What do you think we will hear that will impact us and our future as employees?

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| 3009 views | | 16 replies (last February 24, 2022) | Reply
Post ID: @OP+1fqLjhPx

16 replies (most recent on top)

Well they did coin the word “Fittle”
WTF ….

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Post ID: @2wkw+1fqLjhPx

on piles of cash

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Post ID: @2qtu+1fqLjhPx

How do these people sleep at night?

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Post ID: @2dcw+1fqLjhPx

@zyu+1fqLjhPx given how JV looked on the investor day call, he may not be above ground at mid year. he does not look healthy

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Post ID: @2wio+1fqLjhPx

Xerox ECs --> We think our stock is undervalued and here are the reasons you should invest
wallstreet --> immediate 5% decline in stock value.

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Post ID: @2ebn+1fqLjhPx

Moving all Xerox sales, support and engineering to Ukraine effective immediately.

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Post ID: @1hef+1fqLjhPx

They're finally announcing new products from the Vader 3D acquisition.

The first will be called the Vader "Yoda". It's roughly 1/5 the size of the original Vader units and meant for desktop 3D printing. In EMEA this model will be sold as the "Jawa".

The second will be called the Vader "C3P". It will be more expensive, but able to translate all types of customer requirements into a finished product. In EMEA this model will be sold as the "R2".

The third will be called the Vader "Jabba" and is much larger, meant for production 3D printing. In EMEA this model will be sold as the "Bantha".

Orders for these new models are able to be placed at the Vader kiosk at Investor Day, online at www.3dprintingwillsavexerox.hope, or through your local sales agent.

** Supplies are currently on constraint

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Post ID: @1xmm+1fqLjhPx

Product Launch… New bbq pork smoker for McDonalds McRib?
https://m.youtube.com/watch?v=1iaqy5KF9eU

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Post ID: @1olp+1fqLjhPx

Carl Icahn as part of his PR rehabilitation campaign as "America's Sexiest Billionaire Grandpa - and a damn fine guy - just in case there is a nether region" (He-l to the rest of us poor d-mb 'axes' who don't understand how options work) will announce that Tiny Tim Cratchit now all growed-up is the new CEO and will restore decent health care, 401K match, raises that are 50% of the inflation rate, and cruelty free pork sandwiches to the unclean masses.

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Post ID: @lgs+1fqLjhPx

In fairness to all, before they are laid off employees will be given limited time to train their outsourced replacements.
Cost savings will more than offset lost efficiency and production.

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Post ID: @acz+1fqLjhPx

Burns coming back to turn the lights off to fulfill her dream. "I tried to rescue it, but the former leaders really dug me a ho-e so NOT MY FAULT" (yah)

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Post ID: @vnb+1fqLjhPx

That Xerox workers are overpaid and unproductive and Ursula Burns has been rehired to right the ship. Under her positive leadership Xerox well once again be able to purchase companies that lead away from Xerox strengths and become totally clueless.

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Post ID: @yjy+1fqLjhPx

If u stay at Xerox u will be fired.

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Post ID: @cte+1fqLjhPx

We have effectively ki---d off everyone, and anything good, to come out of the Webster NY campus - that the 18 remaining staff in Webster at years end, will get a full expense paid relocation to India and the prevailing local wage to work for HCL as Level 1 product support specialists.

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Post ID: @kvq+1fqLjhPx

That we are exiting the Production / InkJet space - it will be sold off by year end, focus on core Office / Channel fulfillment products, a new partnership for equipment supplier (not Fuji).

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Post ID: @znk+1fqLjhPx

JV to depart XRX by mid year.

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Post ID: @zyu+1fqLjhPx

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