Thread regarding Xerox Corp. layoffs

Most Likely Scenario → 2,500 to 3,500 more layoffs in 2025

Xerox is a company in freefall—revenue is collapsing (-9.7% YoY), equity has been obliterated (-57.6%), debt is rising, and profitability is nonexistent (-$1.3B net loss). The 2024 Reinvention Program already axed 3,000 jobs, yet costs remain unsustainable, and print demand continues to erode. Finance receivables have tanked (-30.9%), signaling a dying leasing business, while automation and outsourcing make entire functions redundant. Shareholders are bleeding, debt is piling up, and the only lever left is more layoffs. Expect 2,500–3,500 additional job cuts in 2025, with Xerox sacrificing employees to keep Wall Street momentarily satisfied—until the next round of bloodletting.

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| 2141 views | | 7 replies (last January 30, 2025) | Reply
Post ID: @OP+1jjqbphb2

7 replies (most recent on top)

Get out of Dodge. 🌵🏜️ Especially before Dodge gets rid of you Marshal.
Oh wait. Dodge is long gone….Chrysler got rid of them…
….so you should be long gone…too.

The logic of staying here is about as exciting as a spaghetti western. 🍝

Antiquated ideas late at night. What a concept. I would change the channel.

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Post ID: @h7+1jjqbphb2

Another fine year worthy of Bonus for Senior Management

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Post ID: @dz+1jjqbphb2

"i willl guess more layoffs occur second half of 2025"

Q1, second half will be too late.

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Post ID: @da+1jjqbphb2

i willl guess more layoffs occur second half of 2025 when the figure out redundancies between Xerox and Lexmark

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Post ID: @b4+1jjqbphb2

Likely another 10% - 15% reduction in headcount to counteract the declining revenues and profit, and dire financial situation

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Post ID: @b3+1jjqbphb2

Nah

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Post ID: @aa+1jjqbphb2

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