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Most of the positions in Guatemala were pricing as well as some financial analysts supporting US Sales. In the US. Pricing organization was hit hard as well. This is a direct results of the directive for a minimum margin on deals which eliminates the need for all of the creative pricing done by all of these people. The Finance Directos, some VPs let go are due to the coverage changes that CEO, and other SLT managers outlined in the various all employee calls. They will be shifting accounts from direct Xerox employee coverage to channels coverage so again, the management has been clear about the direction and implementing cuts accordingly. A lot of the work will in fact go away this time - unlike promises of the past. If these and future cuts are a surprise to anyone. You haven’t been paying attention.
Not to sound disrectful, but this is poetic justice for some. Guatemala didn’t come close to performing what Americans in the same jobs did for this very complex company. They took jobs from us and made the company less productive. That said, I wish them well. Guatemala is a country with a lot of issues, and I pray for everyone’s safety and prosperity. “ Hearts and Prayers”
They took the work from Americans and sent it to Guatemala now they took the work from Guatemala to do what with it? Even Carl Icahn who is a majority stock holder said xerox is poorly ran.