Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

Xerox or Lexmark controller

I'm no longer at Xerox, but still have interest in the business because of all the people I know that are still there. With the Lexmark acquisition complete, I assume there are plans to move to a single print controller in the future, which could... — read more 

Stock crashing, layoffs and SB cleared how much last year???

Bandrowczak’s total compensation in 2024 was reported as about $14,320,642, with his base salary at roughly $1,066,667 and the remainder (around 92.6%) consisting of bonuses and long‑term incentives such as stock awards and options .

Nobody saw this coming

After a home running Q2 against the headwinds of geopolitical uncertainty, xrx instantly on par with the price of a taco. Q3 go team go!

Xerox stock is on fire.

I bought at 10,000 shares $4.00 in mid-April and sold today at $6.50. Quick 25K, thank you, Xerox!

Progress so far?

Three weeks in and how is the merge going? The SLT don’t appear to have done as much upfront planning/organizing as they did when we re-org early in 2024. More questions than answers now although there are real things expected to deal with. Do we... — read more 

Five and Below

Xrx should be sold in the checkout que next to the flavored popcorn. It's almost like the people don't have any faith in our vision. We changed the game with the Lexmark merger and nobody cares.

Legacy global imaging cores.

I work at a global core . I am expecting more tsr layoffs in the near future. We are losing a lot of market share locally(seemingly to Richo) quickly. We have at our height 30+ sales reps. Now we are down to 2.. The only reason tsrs are here is... — read more 

Winning Combination Town Hall

IMagine being a Lexmark employee and the word salad from Steve B and John B being your first view/impression of Xerox!

Still No Deal

SB said the deal would be done in June. Tomorrow is July 1st, Not quite sure why anybody believes what this guy says.

Any cuts?

With the exception of Monday, the last business day this month, has June been safe from cuts?

Out of Touch Leadership

No new news here I guess but it really is astounding the utter sh-t show that exists on the ground level and how for about 3 years now we are told how many things are being done to fix the problems and streamline blah blah blah. But NOTHING changes... — read more 

Final countdown?

Appears this is it? The acquisition to be completed in next monthish? Layoffs and redundancy firing to begin immediately or do we think they wait?

I left last year and never looked back

The new job doesn’t pay better, but it has one big advantage - they invest in marketable skills, which actually makes you more employable down the line. Finding a job out of Xerox was an extreme pain. Do yourself a favor, invest in yourself and don’t... — read more 

Good to know Xerox is paying even less now

Got an unsolicited Linkedin message today after hapily moving on from Xerox. Never mind the lack of raises. I knew how much people on the ITsavvy side were making before the acquistion. Got offered the position I used to supervise, for $2 LESS an... — read more 

Hiring in sales

They are hiring a large amount of sales people in St. John, Canada. Is this a sign of health or a desperate attempt to increase revenue?

Nothing fair about this

How can named executive officers receive any increases when none of the grunts or pawns received any yearly increases? This is not morally right when we, the peons, do all of the customer-facing business. The day-to-day employees are the pillars of... — read more 

CEO Club Again?!

Not sure how they tell staff no chance of pay reviews or replacing those who have left but continue to put millions of dollars into CEO club for the second year running. Seems like a big kiss a$$ event ti make upper management feel ‘special’ and... — read more 

June cuts

The month is nearly half over and no news on cuts. Does that mean rumors were false?

Dude, Where’s my Dividend?

Why Dividend so low? Wasn’t a few lay offs sacrificed to the Divvy better than so many more layoffs without Dividend? Next Q performance gonna be huge? Customers got new inexplicable hankerings for photocopiers? I hope so but only thing on that... — read more 

Good riddance!

A month without Xerox and I'm a new man. My sleep improved, my relationships stabilized, and I found a role where I’m valued. I should have been kicked out sooner!

Tino gone

Tino gone! He was only just added to the EC but now has gone and being replaced by someone who doesn’t even work for Xerox (yet, maybe ever?) Pushed or had a better offer elsewhere?

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