Thread regarding Xerox Corp. layoffs

Will there be SIP this year?

Normally it’s been communicated by now….

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| 2031 views | | 15 replies (last March 27, 2024) | Reply
Post ID: @OP+1rzOi9ji

15 replies (most recent on top)

Did he not mention merit increases on the fireside chat ? What about the bonus ?

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Post ID: @bcpx+1rzOi9ji

Didn't Steve B say he had something you could SIP on?

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Post ID: @aswd+1rzOi9ji

"Any word on the SIP?"

No SIP.

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Post ID: @9pva+1rzOi9ji

Any word on the SIP?

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Post ID: @9pjy+1rzOi9ji

"Don't know what SIP is but unless you're a manager who just got 15% bonus, there will be SHT this year."

Way more than 15%.

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Post ID: @4haf+1rzOi9ji

Don't know what SIP is but unless you're a manager who just got 15% bonus, there will be SHT this year.

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Post ID: @3lof+1rzOi9ji

Whatever the amount is, if it's less than 4% you're actually losing money vs inflation (in the US, can't speak for other areas). You'd need to get +6% to make any kind of limited headway.

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Post ID: @2ljw+1rzOi9ji

For goodness sake, just leave
1 - More lay-offs coming
2 - Declining industry
3 - Below par benefits

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Post ID: @2yjn+1rzOi9ji

Another 1% insult? How about 2%?
With the economy and inflation we are the working poor but consistently ask us to support groups outside in our community. There are people who work for us that are struggling and using the food banks.
I get beyond mad when I see that people new to the company after being here for xx plus years are walking in off of the street making what I make. How is that fair?
Unless you are aligned directly to the people on the favourite team, you won’t get anything.
XDS has their favourites and it’s in the management team, who I can’t seem to figure out what half of them do besides add zero value tasks to our plates and you only see them when the executive team is visiting. Boy, they have them fooled.

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Post ID: @1kgu+1rzOi9ji

Being spent on Mexico for the club

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Post ID: @1jdg+1rzOi9ji

"Why would we not it should have been calculated into this year’s budget. We got next to nothing last year we still need to keep up with today raising prices and be able survive on what they pay us"

Is this really a question? We have spend the last 5+ years moving work to low labor rate areas. Nobody cares about your bills. "in the budget" means nothing.

Cash conservation and P&L impact matter. And raises don't even matter if you don't work here.

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Post ID: @1kin+1rzOi9ji

Why would we not it should have been calculated into this year’s budget. We got next to nothing last year we still need to keep up with today raising prices and be able survive on what they pay us

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Post ID: @1pgd+1rzOi9ji

Yes, you may sit and sip at your desk this year.

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Post ID: @tss+1rzOi9ji

If “SIP” somehow stands for “Layoff”, then yes!

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Post ID: @sgn+1rzOi9ji

no

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Post ID: @wxw+1rzOi9ji

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