https://www.citybiz.co/article/741606/national-veterinary-associates-names-john-g-bruno-as-chief-executive-officer Here's an IPO to stay away from!
Goodwill writedown
So the market cap is currently under $500 mm and the Goodwill is valued at $1.984 Bn. How is this even possible. They will cram this down, right?
I wonder if SteveB will swagger on the Q3 results
So many times he tells us this, on what basis ? Talks a lot about being a software business, what software ?
Reinvention update
To: All Employees From: Leadership Communications Subject: Reinvention Update Dear Team, As part of our ongoing Reinvention journey, we want to take a moment to recap the tremendous progress we’ve achieved, which on closer inspection looks... — read more
October is coming..
I'm telling you, in a month from now there will be less. Headcount IRIF. Book it.
If only they knew how the employees feel
What fun it would be if they introduced an internal ‘anonymous’ blog like this and employees could post to the leadership - would they read it and, more importantly, would they listen.
Someone Just Bought 1,246,200 Shares of Xerox, Valued at $6 Million.
Someone Just Bought 1,246,200 Shares of Xerox, Valued at $6 Million. https://tonernews.com/forums/topic/someone-just-bought-1246200-shares-of-xerox-valued-at-6-million/
Xerox Credit Rating Cut to ‘B’ Due to Lexmark Integration and Low Cash Flow.
Xerox Credit Rating Cut to ‘B’ Due to Lexmark Integration and Low Cash Flow. https://tonernews.com/forums/topic/xerox-credit-rating-cut-to-b-due-to-lexmark-integration-and-low-cash-flow/
Disrupted
Chief Disruption Officer left today so she can spend more time with her family. Does anyone in leadership ever tell the truth about anything? P.S. I feel bad for her family.
Amazing that you are still here
Absolutely astounding that the few people left here at xerox, have no clue what is honestly happening, or they just don’t care …about anything. Digging ditches in the rain, would be considered an upgrade ☔️ But when you don’t care about anything... — read more
Hitting middle age and wondering what comes next
I’m nearing 50 and I see how fast people my age get pushed out at Xerox. Friends with years of experience are still out there searching. It is crazy to me how companies just toss aside everything you have learned like it never mattered as soon as you... — read more
With Louie Pastor now COO, and stocks are crashing down, will Carl Icahn invest back in Xerox?
what do you think?
Xerox Employment Numbers - Q2
I read in the Q2 financial report that the quarter end employment number was 16,600. Does that include Lexmark personnel? If yes, that means prior Xerox people remaining must be around 12,000 or so world wide?
Im from Lexmark engineering R&D division. What would a xerox employee want to tell us?
Ive read the post here and they are damning. Makes me fear for my career.
Good News: Xerox NY Campus Set for $10 Million Infrastructure Upgrade with FAST Grant.
Good News: Xerox NY Campus Set for $10 Million Infrastructure Upgrade with FAST Grant. https://tonernews.com/forums/topic/677429/
Now is beyond the time to leave Xerox
Or what’s left of it. Why people are still here after being destroyed by this company is beyond me. Even with no skills you can sweep floors. I would feel so much better telling someone that I left this industry and decided to take a job in... — read more
Lexmark
So why doesn't Lexmark post anything on Layoff Maybe it's all good
Kodak Dumps Pension Plan to Pay Off Massive $500 Million Debt.
Kodak Dumps Pension Plan to Pay Off Massive $500 Million Debt. https://tonernews.com/forums/topic/kodak-dumps-pension-plan-to-pay-off-500-million-massive-debt/
Q3 bonus and layoffs
So heard today no bonus next quarter and layoffs before Christmas due to Lexmark doubling up staff and I’ve had to job match my team.
Why I want to leave
Clueless and ineffective management Office politics make daily work stressful Almost no opportunities for career growth Hard work often leads to extra tasks instead of recognition Job security favors those who play along rather than perform
Layoffs confirmed for October and next year Q1, 2 waves
RIF planning now in the works. They did not even make us sign an NDA which is unusual.
Now is a Great Time for a Spending Freeze
With the acquisition of Lexmark, now is a good ptime for a Spending Freeze. Don't replace the people who understood the ship is sinking and quit. They are losers anyway. Work smarter, not harder. Wait, work smarter and harder! If you are in... — read more
What a Shame
Steve B is chasing low margin IT business rather than trying to be the market share leader in what is a high margin copier business. Although is a declining business it not disappearing and there should be a better balance of revenue and margin... — read more
KODAK: Calm Down, We’re NOT Going Out of Business!
KODAK: Calm Down, We’re NOT Going Out of Business! https://tonernews.com/forums/topic/kodak-calm-down-were-not-going-out-of-business/
Xerox needs layoffs
We will not survive like this. I vote for getting rid of two to three layers of management. That would solve so many of our issues.
XEROX BUSINESS SOLUTIONS LLC
What’s with the notes circulating about the legal restructure at XBS , and why now? And why are they asking employees to re sign employment agreements? Could it be that they’re sneaking in updated non competes?
Project Own It...Next.
Any analysts on the line? Should xerox offer a board seat to Roaring Kitty or Business as Usual layoffs? What would get the stock above $10? Both you say??? That’s straight up... — read more
John B: a story of sacrifice for the greater good
Don't be fooled: someone at board level (Darwin D?) got tired of such an endless load of bullsh*t and asked for a head - share price tanking, revenue and profit declining by double digits, debt piling up, equity falling of a cliff... and all because... — read more
Who Are the Lobbyists that HP Hired to Put the Juniper Deal Through with the Trump Administration?
Who Are the Lobbyists that HP Hired to Put the Juniper Deal Through with the Trump Administration? https://tonernews.com/forums/topic/who-are-the-lobbyist-that-hp-hired-to-put-the-juniper-deal-through-with-the-trump-administration/
It could be worse, at least Xerox isn't Kodak
It took Kodak 20+ years to get to the point where they might finally go out of business, per news reports. Xerox isn't in nearly the same boat.
The "Reinvention" Architect is gone
Public story: John B, President & COO, “leaves for a CEO role elsewhere”. Alternative story: he was walked to the door with an excuse. "Think about it": you don’t pour 2-3 years into Reinvention, secure the Lexmark deal, build the org around your... — read more
John Bruno / CEO leaving Xerox
I’m sure you guys heard but if not John Bruno is leaving Xerox - surprised no one made a comment on here! I have been waiting good people!
Inside Sales taking over existing clients, Inside IT Sales calling on your customers…
How much longer before all Outside Sales are let go?
Where is all this progress happening?
https://futurumgroup.com/insights/xerox-q2-fy-2025-results-show-stability-as-it-solutions-revenue-surges/ From the link above: "Surge in IT Solutions revenue driven by ITsavvy and cloud infrastructure demand" Is this actually happening? Where is... — read more
Na na na na !!!
Retired during covid, best thing I ever did for my long term health. Same cr-p I was seeing 5 years ago, I'm really surprised they are still in business. Took my full lump sum pension before it changed. TFG !!!
Can HP Save Us? A Silent Prayer to HP.
Almighty HP, Thou who reigneth over toner and thermal ink, Thou who bringeth forth print queues that actually work, Hear our humble cry from the land of Xerox, Where synergy hath failed and margins hath vanished. We beseech thee, O Hewlett of... — read more
Why Xerox Is in Trouble — And Why You Should Be Looking Elsewhere
Xerox, once a titan of innovation and workplace technology, is now a cautionary tale of corporate decline. The company’s recent Q2 2025 earnings report paints a grim picture: widening losses, shrinking revenue, and a stock price hovering near its... — read more