Due to legal, fiscal and image reasons, these layoffs re going to be staggered across the next few months; but, I have heard that by early 2019, expect that 20% to 30% of Xerox's current US workforce will be gone by VRIF, IRIF, or simply encouraged to walk out the door.
Any more info on this?
VRIF = Voluntary Reduction in Force
Say goodbye to vrifs. They will all be terminations and irifs. This company takes the humanity out of Human Resources.
Layoffs over past 45 days are a very small tip of the iceberg. Remainder of year will be tough, and then the Titanic will hit the iceberg and sink.
What VRIF?
Slip slidin' away
Slip slidin' away
You know the nearer your destination
The more you're slip slidin' away