There had been rumors that the severance package will be reduced next year, driven by expense and the cash situation. Anyone insights?
Where are the SLT
It is Q4. It is the end of the year. Where are the SLT and a rallying cry for end of year business ??????? It appears they are stuck behind their spreadsheets and 40 page slide decks - no communication with sales, no customer visits, no “how can I... — read more
Numbers defined
So latest communication is a reduction in people in all areas of 20% in Q1. It’s going so well. Will be interesting to see if that number is applied evenly across both XRX and LKX or if the plan is to just be left with LKX monkeys (who know nothing... — read more
Let's have it out, Java UI guy.
Out of all the absolute stupid problems with Xerox copiers and printers, what is your deal with the java ui interface? It is the least of the problems on a copier. What is it that makes you this way?
Why Lexmark?
Why does everyone at Lexmark and now the legacy- Xerox SLT think that everything that Lexmark do is fantastic. They lost $600 million last year so I do not understand???
How do I get severance?
I have sent in my paperwork. There is no phone number to call. Email to alumni@xerox.com goes unanswered. Can anyone assist.
Dec 15 coming. Bloodbath next week?
Not sure if mgmt will attempt to bolster the Q4 results with more layoffs. The October 15-20% cuts will be included in Q4 but the goodwill reporting delays cannot be further delayed. Insights on plans to capture further headcount reductions in... — read more
Is it time ?
For all those who mocked the once great competitor, is Xerox about to face its very own ‘Kodak Moment’ ?
Outsourced labor is (ironically) safe?
Stating the obvious: layoffs are direct hires losing their job. Ironically, outsourced labor is often low quality and sometimes justified because it is “easier to fire a contract worker”. Yet I am not seeing a directed reduction in this labor pool... — read more
Alumni@xerox.com - experiences?
When you are layed off, your only way to attempt to get questions answered or request actions is via email to Alumni@xerox.com. My experience with that has been horrible. Anyone have similar or different experiences?
Xerox Hiring Account Executive IT Solutions, Toronto
Have several questions before I apply... #1. What is a, “relatively clean driving record?” Relative to who... a Xeroid from 1999? https://www.glassdoor.ca/job-listing/account-executive-xerox-JV_IC2281069_KO0,17_KE18,23.htm?jl=1009930144782
Xerox could have been the most valuable company in the world.
In the 1970s, deep inside a research center in Palo Alto, a group of young Xerox engineers quietly built the future. They created a machine unlike anything the world had seen. A screen you could point at. A small device that let you move a cursor... — read more
Even SB knows there's nothing to be thankful for.
No email about Thanksgiving this year. Guess he accidentally fired his email composer along the way?
Someone Just Bought 1,046,068 Xerox Shares for $2.74 Million
Someone Just Bought 1,046,068 Xerox Shares for $2.74 Million (XRX at $2.74 ea) https://tonernews.com/forums/topic/someone-just-bought-1046068-xerox-shares-for-2-74-million-xrx-at-2-74-ea/
Layoffs(no java)
I heard Layoffs coming in December, 15th. i heard this from a regional, who heard it from his contact in corporate HR. Hear say but can anyone confirm? and no BS java rant please.
Severance Payments
I turned paperwork in for severance and my ticket got closed last month. I keep checking ADP site and still no indication of if I’ll receive a payment. Only thing I see is I can sign up for payments on a card. Will severance be paid out direct... — read more
The Bandy-Ponzi scheme: “Trust me, bro”
SB, aka Bandy, closed the last Town Hall with a sort of “Trust me, bro” line. Fitting, because that’s basically the financial strategy right now: trust us while we borrow new money to pay old debt and hope nobody asks why the interest bill keeps... — read more
Share price
Up 10% you doom gloomers
Surprise me that the CEO haven't been Fired!
SB su-k as CEO role. Xerox been going down hill as fast roller coaster and i am surprise that he still here. How come no one replace him for poor performance.
Are you not entertained?
As a current long term employee I will say there is not one dull moment in this business these days. The daily misfires and malfunctions from the top down are absolutely astounding to experience. The decisions having to be made by unguided middle... — read more
When is the announcement that Xerox HQ is moving to Kentucy?
Lexmark is HQ in Kentucky, and with all the Lexmark execs taking the Xerox roles, how long until HQ for X is moved to Kentucky?
$2.34
And still the SLT haven’t change the record
Mirlanda Out as Xerox Appoints New CFO from Lexmark.
Mirlanda Out as Xerox Appoints New CFO from Lexmark. https://tonernews.com/forums/topic/mirlanda-out-as-xerox-appoints-new-cfo-from-lexmark/
CFO jumps ship
are you surprised or not
Long Term Incentive stock bonus - is it real?
Can anyone confirm or deny if they actually got it? I thought only senior leadership and people managers got raises or bonuses last year and this year? It's going to be hard to keep ANYONE on long term let alone the talented people if there's another... — read more
$2.50 😮
No words
"There's no place like home" 👠 👠
If only the CEO wishes he could click his heels and go back, monetise the GUI, mouse, ethernet and PC and things would be a whole lot different. 👠 👠
Stock price at all time lows
Xerox stock hit 1/5/10 year lows today and closed at $2.60. Steve B is running Xerox into the ground. We won't survive 3 more months. The end is near....
Judge Dismisses Most Claims in Webway 360 Vs. Xerox Lawsuit.
Judge Dismisses Most Claims in Webway 360 Vs. Xerox Lawsuit. https://tonernews.com/forums/topic/judge-dismisses-most-claims-in-webway-360-vs-xerox-lawsuit/
How I realized this company is BS'ing everyone
Q3 results "Revenue of $1.96 billion , up 28.3 percent, or 27.0 percent in constant currency"...."Operating cash flow of $159 million, up $43 million year-over-year. Free cash flow(1) of $131 million, up $24 million year-over-year." These are all... — read more
Some days I swear half the company is booked in meetings for sport
Why? Why is that needed? Most of those meetings are nothing but people repeating things that were said many, many times before just packaged another way. It's not like something positive or new comes of it. So what's the point, other than to keep... — read more
At least the SLT stock holdings are virtually worthless
Hilarious - just think of all the SLT who have been building up their financial future on their stock awards. As these were over $27 not too long ago, given a stock price of $2.70 today, their ‘stockpiles’ are only worth 10c on the $ now. Oh, what... — read more
Risk of Delisting
Do stock holders lose everything if they are forced to delist? What about shorting the stock, what happens?
CareAR??
What is Xerox even doing with CareAR at this point? I thought I heard rumor of an acquisition that never happened?
and to think
SB borrowed $500 mil of the company's money to buy out Uncle Carl so that he could remain in charge to earn $14 mil per year. At least Jeff Jacobson's middle of the night play to stay in charge and have Fuji buy Xerox would have been INFINITELY... — read more
So Legacy Lex gets to keep their 401K matching this year...
... just not Legacy Xerox folks. That's fu--ing delightful.