Everyday I come in wondering if today is the day I get let go. I have been looking like crazy for a new job and am expecting to take a pay cut.
I don't do more than I have to. I make sure I don't miss any deadlines, but I don't do anymore than I need to. I like my boss and the people I work with. Everyone is so demotivated. It is amazing I can be in a meeting with people I have never met, and the conversation turns to how unhappy they are and how they are looking for work. Many even say they are expecting to take a pay cut.
This may management happy that they get rid of people so easily and cheaply, but there is a lot of knowledge and efficiency walking out the door.
I just do not know how they are creating value. They may be able to make the P&Ls look nice for a little while, but there will come a time when it will collapse.
Xerox is a almost dead. I am sure the name will live on, but not as the same company. I just hope it dies before Carl Ichan can make any money.