Execs and sr. managers scurrying and planning to cover staff cuts. All cut staff to be gone by end of June - so look for mid June timing to give them 2 weeks to get people off the books.
20 replies (most recent on top)
This is what Xerox does best …layoffs
Every month
Don’t we hear about layoffs at the end of every quarter?
Stop crying
Don't worry, your KFC shift is safe and sound. Ba-cack!
I left this shithole months ago, left them high and dry and oh it was such satisfaction to give my 1 week notice.
I on occasion check out this site for sh--s and giggles, it's just hilarious how you Xeroids defend the one place that is royally screwing you over, don't come work where I now work, we don't accept id--ts there
So your kinda like the pot calling the kettle black huh?
I don’t understand why non-Xerox employees waste their time coming here. It’s so weird. Almost like they are stalking an ex-gf on FB who broke their heart.
This is so true.
I guess people just cannot let go.
I do visit both of my former employees too (HP and Infosys)
This is based on nothing, just ignore the troll.
I don’t understand why non-Xerox employees waste their time coming here. It’s so weird. Almost like they are stalking an ex-gf on FB who broke their heart.
You know whats even funnier, little hurt ex-xeroids who either got let go or claim to be super happy at their new company....yet, they still come back to this site regardless. Just admit it , grass wasnt greener and you are still mad at Xerox for letting you go. wahh wahh wahhh....
You know what's funny, if you losers who still work for Xerox believe it's a great company to work for then why do you care what we think......you care because we speak the truth and all you pathetic people accept no raises, no 401k match and high price benefits, you and Xerox deserve each other!!!!!
Stop ...... (as I throw on my shades with some 2006 Beyonce blaring in the background) everything is cool again!
"Declining print volumes are not the problem". HAHAHAHAHAH HAAHHA. I just come for the laughs at this point 🤣
That's right I once saw a tech look directly at the production print controller. Poor guy barfed spewing chunks all over.
For you dip$hits out there, xerox is doing plenty of selling. Just like every company in this industry, they just can’t install it. Over 400M in equipment orders we can’t recognize and growing. Declining print volumes are not the problem, getting machines to physically install is the main one right now.
1st Half results are in the tank because print volume hasnt recovered like they had hoped. Not surprised they are trying to cut more expenses before having to report the numbers.
Expense follows revenue.
First of all 183k is dog $hit. Maybe needed it more a house remodel project. Not exactly taking out millions there buddy.
Naresh Shanker the CTO sold shares in a transaction dated Friday, May 13th XRX stock for a total value of $183,612.00 - this is as our stock price is one day off a historical low. What does he know that he is selling now - and in a down market for a lower price?
Not surprised after earnings and outlook for both Office and Production outlooks. Sad but probably true.