Thread regarding Xerox Corp. layoffs

Where's the Layoff?

I keep hearing rumor.

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| 3402 views | | 19 replies (last January 4, 2024) | Reply
Post ID: @OP+1pUSp5WC

19 replies (most recent on top)

Ops reviews all around - good times!

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Post ID: @vqdv+1pUSp5WC

“But we are hiring” is the same kind of argument used by climate deniers, eg “but we just got a foot of snow”. Ignores the long term trend. In x world, continued decline in headcount and revenue.

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Post ID: @vdho+1pUSp5WC

So xerox cuts its workforce by 50% over the last few years… but wait… they hire 7 new people… that’s enough to get yourself excited and prancey? A drowning person really will grab onto anything.

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Post ID: @jswq+1pUSp5WC

Ha! You really believed the fat POS midwestern tech or the loopy Magenta weirdo? Of course it was BS! We keep on hiring. We have 7 more people starting January in our area alone.

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Post ID: @iowy+1pUSp5WC

wait for the bad q4 results even with slashed budgets something has to give. more sales of businessunits buildings or layoffs

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Post ID: @itfg+1pUSp5WC

So.... is there a big layoff or is this BS?

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Post ID: @isge+1pUSp5WC

Since 2017, xerox employee count has declined by about 6% year over year. Seems like wasting away sums it up.

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Post ID: @5kjb+1pUSp5WC

Survive to Jan 2, get your 401k match. Than do what you need to do.

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Post ID: @5vhy+1pUSp5WC

Cutting and hiring? That’s unpossible!

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Post ID: @4wuu+1pUSp5WC

How can we be cutting when I’m seeing new hires every month?

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Post ID: @4ynp+1pUSp5WC

Please explain the “fade away” business case: IF there is no substantial profitability via revenue, that only leaves cuts. Xerox market cap now at less than 2B (small cap)? Need help putting that in perspective? Dollar General market cap at 28 billion! -xerox does not have the luxury to “fade away.” Anyone proposing otherwise is ignorant or negligent.

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Post ID: @4afp+1pUSp5WC

No more big newsworthy layoffs, X is just gonna fade away, like bad print quality,

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Post ID: @4xno+1pUSp5WC

They're gonna outsource a lot of jobs.

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Post ID: @3wws+1pUSp5WC

We still hiring

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Post ID: @2rci+1pUSp5WC

Aa designed they want you to think that but put that six sigma hat on for a sec 35,300 total employees when jv started I am sure it will be around 19k by year end. Thats almost 50% less people folks! I distinctly remember Steve saying in the beginning that 1/3 of us would be fired, 1/3 would quit, and 1/3 would remain as candidates for outsource / ai but yep nothing to see here few here few there omg!!! These peeps are savage yo....

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Post ID: @2trz+1pUSp5WC

Nothing big planned. A few here, a few there. Business as usual.

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Post ID: @2uet+1pUSp5WC

2 more weeks

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Post ID: @2biv+1pUSp5WC

where is the Layoff?

it's...in your web browser...?

this reminds me of that one scene from Norm:

https://www.youtube.com/watch?v=CtVc0QTYv9w

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Post ID: @qjl+1pUSp5WC

It’s kind of a rear view mirror thing,
Won’t be a rumor when you find out

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Post ID: @wgm+1pUSp5WC

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