Thread regarding Xerox Corp. layoffs

Indicators of coming layoffs

What are your indicators for upcoming layoffs?

Mine, in no order:

  • continued engagement with consulting firms whose objective is cost reduction
  • continued flat stock performance in advance of reporting periods
  • retirement incentive package offers
  • requests to stack rank employees
  • updates to HR policies
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| 2341 views | | 13 replies (last December 27, 2022) | Reply
Post ID: @OP+1kjwAjc9

13 replies (most recent on top)

If you hear the word re-structure head for the hills ..

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Post ID: @5ezw+1kjwAjc9

The Sun came up

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Post ID: @4mfo+1kjwAjc9

There are no indicators. Expect it to be constant forever.

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Post ID: @4lpi+1kjwAjc9

Did you get the memo?

What exactly is it that you say you do around here?

Friday is Hawaiian shirt day.

I never got my paycheck.

You need Flair.

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Post ID: @3dqk+1kjwAjc9

It has been a yearly “Tradition”at Xerox going back 30 plus years ..

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Post ID: @1zoh+1kjwAjc9

One indicator is that the stock has lost 50% of it's value over the past five years. Place is a dump.

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Post ID: @1mir+1kjwAjc9

Our location is adding headcount so seems to be true.

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Post ID: @vdw+1kjwAjc9

And yet at our location, we are being told "cleared to add headcount" in January! Woohoo!! And I think they actually expect us to believe that...

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Post ID: @fuv+1kjwAjc9

“Difficult choices” “tough decisions” “streamline” “efficiencies” all in the right context scream layoff.

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Post ID: @elj+1kjwAjc9

Indicator that you will be laid off from Xerox, is that you are working at Xerox.

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Post ID: @rnq+1kjwAjc9

Supply cabinet keys confiscated by management…

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Post ID: @tdq+1kjwAjc9

Refreshments were cancelled at our monthly review meeting. Never a good sign .

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Post ID: @fsi+1kjwAjc9

This sounds like the movie, Office Space!

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Post ID: @pyz+1kjwAjc9

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