Since xerox had JLL come in and check out our core buildings, are they going to put new Xerox logos on them in place of our core names?
7 replies (most recent on top)
XBS=Xerox. Roll with it.
Previously, real estate was a core president's decision. Presidents managed their own P&L, so if they wanted to open another office within their territory, they could do it, so long as they maintained benchmark on the P&L and kept within some guidelines. GIS corporate didn't even know what real estate they had, they just knew they had a dot on the map.
JLL is doing a few things. Documenting what Xerox has for real estate for the locations that are left.
Identifying if there is a more efficient use of space, and finally, providing a list to a potential buyer of all the locations, sq/footage, warehouse space, distribution space, etc.
JLL doesn't need to assess buildings to determine if a Xerox sign can go on it. That's a decision that could just be made, and won't be made in the near future. Don't expect Core names to come down that is, unless you merge with another core.
Yes it will happen. The entire rebadging will happen before July. If you still have a job in July chances are you will retain your position going forward, albeit more work same pay.
Well the Xerox strategy is to reduce real estate by 50% so that's almost a 1 in 2 chance
What cores?
We had them out to our core a few weeks ago. I had thought it was to assess to see if we needed a new/smaller building. I haven’t heard anything about re-logo-ing anything. If anyone has any intel, that would be much appreciated. We’re all just waiting for the next round of changes...
We're wondering the same thing. They were supposed to come here to our core yesterday but rescheduled. They said they wanted to get a floor plan as well. Not sure what they need that for but it seems like it's for more than just new logos.