Thread regarding Xerox Corp. layoffs

GIS Cores are run as transactional business, with emphasis on month end revenue at any cost. Sr. management knows this isn't healthy for long term customer service and GIS success, but the bomb has been ticking for far too long to stop it now. It's inevitable to implode, regardless of what "talking heads" are saying. GIS has been successfully run into the ground by poor management decisions, which ultimately came from Xerox management.

I too, worked for a core and left about a year ago because I saw the writing on the wall. I remember back on 2007 when I was told Xerox bough GIS and how things were going to be better... my answer was how? Xerox Su#ks. Well, today 3/19/19 all my friends the stay with the core are panicking and morals is really low, not to mention all the cores co that are being closed here in the N.E

Sad state of affairs for all my friends and the worse thing is no one is saying much just the everything will be fine I guess just like on 2007

Just found out that XBS (GIS) is making changes to service management, they want a 15 to 1 tech to manager ratio. Several field managers will be losing their jobs. Thanks Xerox for buying and destroying a successful company!

This all a push by Icahn to try to make Xerox look better on paper. He sued to stop the Fuji Xerox merger, saying he could get a better stock price, but all is shenanigans have made the stock drop like a rock. They told Global to start paying all vendors 63 days late, in order to make cash flow look better. They told Global to cut $30 million from payroll and gave each core a list of names to pick. Even cores who were having phenomenal years and 18-20% bottom lines. This is a stock ploy by Icahn and his cronies. Does he really think he can get a better price on the sale or is he getting paid on the side to drop the price for a potential buyer?

@WG8Vb3x-1rdj Clearly a Xerox management shill with no clue on the culture of GIS or its customers. With the 'some knowledge' you have of 'what's really happening', let us know how offshoring quote-to-cash, accounting, HR, IT and essentially every other core business function is not making GIS just like Xerox. The MIF transfer was full of Xerox c-ap and non-paying or soon to be ex-Xerox customers because they are so disgruntled with Xerox service. GIS was already leaner than any other Xerox organization and the recent and still to come headcount reductions will only negatively impact GIS' ability to provide the level of service and customer satisfaction that made it successful. The street doesn't downgrade growing companies or those with capable leadership teams. Thankfully, I chose an opportunity to exit and while I hurt for those who made the company (GIS) what it is today, I will not miss Xerox and will not shed a tear when the inevitable occurs.

Xerox once had a heart now it’s soul is gone

Puzzled by previous comment

How do you grow sales with large turnover of sales reps

How does global handle xerox customers who are not happy and have been sold over and over

Headcount already down by large number

Managers that drive sales being let go

Companies being combined which causes reps to leave

Presidents going from how many today to ? 2019

Real estate being shut down reps to work from where?

Billing moving where ?

Service centralized

Redundant management check the global results over the time period global has been owned. Then check the xerox results.

Although the future of GIS as a division of Xerox is an interesting discussion, the comments thus far are speculation. Having some knowledge of what is really happening I can say Xerox is NOT trying to make GIS like Xerox. The opposite is true. The MIF transfer shows that Xerox sees GIS as the business model going forward. BUT, overlapping cores, redundant management, and the "Global Imaging" name are all going away. GIS will become leaner but will continue to drive the vast majority of equipment sales going forward.

Xerox is making Global like Xerox

One big national organization with reporting structure that looks like ?

The changes being talked about and implemented now will break the company

Perhaps management feels that by making Xerox just like GIS, the company will be better off... It appears Xerox is being dismantled piece by piece. Could all of this be in preparation for an upcoming heavy reliance upon the best practices of a more efficient (and more profitable) counterpart?

Xerox is crushing its only growing and consistently profitable subsidiary for the purported purpose of efficiency and brand identity. Management feels that by making GIS just like Xerox, the company will be better off. Because, you know, that's always worked out well in the past, right? GIS is being dismantled piece by piece and the impact on Xerox will become quite evident in 2019.

We haven't heard much within Xerox about what's happening in the GIS Cores so please share anything you can.

Please do tell more. I left a GIS core a few months back but still have friends that are there. I left because I saw the writing on the wall that this would be in the near future.