Thread regarding Xerox Corp. layoffs

CEO Club - the last hoorah

Did I hear right that senior leadership is actually bringing back CEO club this year?? We just announced a “strategic realignment” that means eliminating 15% more of our workforce and someone thinks it’s a good idea to go spend millions on a trip to Mexico?

Everyone should go google employee size. Since 2018 , we will have essentially shrunk in half - from 34,000 employees to less than 17,000.

I’ve volunteered myself this time - enough is enough.

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| 1822 views | | 6 replies (last January 8, 2024) | Reply
Post ID: @OP+1qqT5WRy

6 replies (most recent on top)

Clown show must go on

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Post ID: @3fgs+1qqT5WRy

Didn't they just consolidate all of print so not sure why they would split office and production now

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Post ID: @3umw+1qqT5WRy

It's funny people are finally getting wise to what JV and his crew is doing. At least with JV it was a slow burn SB is looking for something he can take to the lecture curcuit he is known for carve ups so don't expect production and office to be under the same company in 2024. As far as people just read what he did at hp he is known for getting people to quit with no severance bad folks wake up this place is toast...

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Post ID: @1hoq+1qqT5WRy

For the hand raisers, is it any different than just quitting? Any severance?

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Post ID: @1tjs+1qqT5WRy

the definition of CEO club has changed.

If you're not the CEO, you ain't in the 'safe from being fired' club.

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Post ID: @jpw+1qqT5WRy

I rose my hand today as well. Getting too old for this.

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Post ID: @rva+1qqT5WRy

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