Thread regarding Xerox Corp. layoffs

Xerox is a shell of its former self

I'm a current employee with 30 years at the company, not a competitor. I work with many different segments of the company (sales, support, billing, service) and I'm just giving my opinion based on what I see on a daily basis. There hasn't been anything announced that will save this company. No reorganization will solve the issues we currently have. And no print or services derived product will either, unless it's an absolute game changer that no one else offers, or it's something we do 1000% better than the competition.

You tell me - do you forsee either of those happening?

Have you seen the print volume projections for 2024? Did you see how much decline we experienced in 2022? How about 2023? The "Covid recovery" still hasn't materialized and we're declining at a faster rate each year.

I would love for the company to succeed and thrive. But I don't drink the kool-aid anymore, I look at facts and what I currently see is a company that is a shell of its former self, trying to survive with no product differentiation or growth in a rapidly declining market.

I’m bumping this up from @1icq+1rezenb0. It’s a clear and, unfortunately, accurate dissection of where we’re at.

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| 1324 views | | 1 reply (February 27, 2024) | Reply
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true

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