Even at the start of the weekend I'm thinking about work and Sunday nights are pure dread. I'm starting to realize that if a job’s making me this anxious, it’s not worth it. No paycheck even begins to cover that damage.
A FARE WELL TO TIGERS
Many A3 Tigers will be turning their van keys today. They will not be forgotten, and impossible to replace!
*32% OF THE REQUIRED VOTES
SB has said this repeatedly, and it's been in the quarterly filings. When you look at the ownership, it makes no sense: https://en.wikipedia.org/wiki/Lexmark The ownership is: Ninestar (formerly Apex Technology): 51% PAG Asia Capital: 43% Legend... — read more
The Lexmark Deal is Dead.
There is 0% chance this deal gets approved during a trade war. SB knows this and straight up lied during the earnings call when he said he expects the merger to close in Q3/Q4. They've known this since Liberation Day.
Cheap, Illegal, and Everywhere: The Toner Crisis Coming from China. ☹
Cheap, Illegal, and Everywhere: The Toner Crisis Coming from China. ☹ https://tonernews.com/forums/topic/cheap-illegal-and-everywhere-the-clone-toner-crisis-coming-from-china-%e2%98%b9/
Lexmark Printers at Risk: Vulnerability Lets Attackers Run Hacking Codes.
Lexmark Printers at Risk: Vulnerability Lets Attackers Run Hacking Codes. https://tonernews.com/forums/topic/lexmark-printers-at-risk-vulnerability-lets-attackers-run-hacking-codes/
Xerox Shareholders Approve Key Proposals at Annual Meeting
https://www.tipranks.com/news/company-announcements/xerox-shareholders-approve-key-proposals-at-annual-meeting " and the advisory approval of the 2024 compensation for named executive officers. Additionally, an amendment to the 2024 Equity and... — read more
Synergies gonna synergize
Steve B and John Bruno are both in the news for each purchasing $100k in xrx stock. This looks like nothing more than a publicity stunt to make it look like they have enough faith in the reinvention to put their own money where their mouth is.
Merit increases
Anyone heard that ‘some’ people are getting increases….
No mention of more layoffs?
What's going on?
The Dividend is Slashed
https://www.nasdaq.com/press-release/xerox-updates-capital-allocation-policy-ahead-lexmark-acquisition-2025-05-22 This will go over well tomorrow.
Chief People Officer
I cant stop laughing. Really!
Sapience tracking
Anyone else had to download Sapience?. Some windows monitor system. Don’t have money for pay increase but money to track everyone’s time usage.
Pay Day??
Is it pay day ? How can an organization sc--w up something so simple. Overpay , underpay , claw back. I can only start to imagine how f’d up everyone’s withholdings are. X should be paying for accountants to review YTD stubs and make sure we’re... — read more
Northern Trust and BNP Paribas Increase Holdings in Xerox Holdings (NYSE: XRX)
Northern Trust and BNP Paribas Increase Holdings in Xerox Holdings (NYSE: XRX) https://tonernews.com/forums/topic/northern-trust-and-bnp-paribas-increase-holdings-in-xerox-holdings-nyse-xrx/
The Great Replacement is no longer subtle
First it was ITSavvy. Now it is Lexmark. So Lexmark’s Billy Spears joins the Executive Committee as Chief Product Development & Delivery Officer... so the one who is running Product & Engineering no longer reports to JB but reports to Billy? First... — read more
How many people get paid?
If you begin to peel the onion you quickly realize that there are at a minimum of 10 people getting paid for one sale. We wonder why revenue is low? Too many hands are in the pot. We sit in the middle of a reinvention but still push equipment sales... — read more
How much would they need to pay you to walk away?
I'd be happy with 12 weeks total. Just enough to give me time to find something else.
Xerox’s $1.5B Lexmark Deal Gains Antitrust Approval in US, UK, and Canada, But …..
Xerox’s $1.5B Lexmark Deal Gains Antitrust Approval in US, UK, and Canada, But ….. https://tonernews.com/forums/topic/xeroxs-1-5b-lexmark-deal-gains-antitrust-approval-in-us-uk-and-canada-but/
Dex Imaging Passes
Who would have thought a day would come, that a dealer was in position to buy XEROX? And to think that Dex passed. Be ready for another wave of layoffs. Based on several contracts awarded in the State space from coast to coast, it makes sense... — read more
Dallas HR Location
Does anyone remember when Dallas housed Xerox's HR? I remember them not being helpful at all. Around 2010 when they were told they would be shut down, I remember so many people had tuition reimbursement documentation tossed. So many people had... — read more
XEROX EMAIL
Does anybodys Xerox email work? On the West Coast we dont have email as of Monday.
Tariff charges for toner for customers with Service Agreements
I was at a customer's office today and they showed me a bill for a $16 Tariff Fee. The toner is included in their contract. This will not go over well.
What a joke
You ever work somewhere that makes you question how the higher-ups even got their jobs? The incompetence is next-level, and the only people climbing the ladder are the ones who never actually contribute. I used to care, but now I’m just counting the... — read more
You great big tech powerhouse!
Love you, you great big tech powerhouse. Love you so much Ive believed all your lies, turned my head and covered for you. I just stood here and let you treat me like dirt, denying the truth. Even now i listen to your deceit and still hope your... — read more
Every single person I work with is a toxic mess
I swear, it's like that's a requirement when joining Xerox.
What's another 100M?
https://investors.xerox.com/node/30471/html Seems like 800M wasn't quite enough to pay our employees, let's just get another 100M while we are at it.
Xerox stock is on fire lately
I thought the fat lady had sung but the company looks to be rebounding. Stocks up 20% plus in the last 7 days. I wonder if it's time to load up on xerox stock!
Layoffs are inevitable
I'm no longer wondering if layoffs will happen, only when they'll hit and how bad it'll get. I think we're now at the point where even the most shameless a-s-kissers and other loyal sycophants aren't safe anymore, and when that becomes the truth, you... — read more
I'm getting desperate
I've been looking into other opportunities for months now, hoping to find something before we sink, and nothing. I've landed only two interviews, both of them bad offers with significantly lower pay. I declined both. I'm starting to regret not... — read more
Help Me AI..... your our only hope
I think they're leaning heavy on AI because there is absolutely no CI corporate intelligence leading this clown car full of people with no actual plan. The dog ate my homework again... sorry investors!
Merit increase
So no Merit increase but Steve wants us to vote on his pay increase. What an absolute crock of s***
What Xerox needs now: A REAL CEO and a ruthless plan
Enough with the "Reinvention". Enough with the Lexmark fairytales. Enough with the earnings call word salad. This is what a REAL CEO — one with a spine and a strategy — would do the second the bullsh*t stops: Ki-l the Lexmark deal... — read more
Estimated odds of bankruptcy within 12–18 months: 35%–50%
And rising fast if Q2 Lexmark integration fails or financing conditions deteriorate further. Why the odds are increasing: Massive cash burn and liquidity collapse: · $109M cash burned in Q1 · Cash reserves down 41% in 3 months · With just $336M... — read more
Chapter 11 - More of a Reality
Is Chapter 11 closer than we realize after today's earning release? A few thoughts/comments - Earnings below even expectations Didn't address Goodwill impairment charges that are sure to come (whether it be Xerox brand or IT Savvy) Didn't... — read more
They hid this in the release
"Outside of country-specific approvals, the last significant condition to close is the Ninestar shareholder vote and Chinese securities exchange approval, which is expected to take place in the coming months. We have secured 32% of the required... — read more
Name today's low stock price
I'll guess at a low of $3.59 sometime today.
I’m praying to get laid off while they’re still offering severance
Something tells me that won’t be the case much longer.
Q1-25 Earnings Expectations
Expectations from the terminal: EPS: -0.04 Revenue: 1.44B EBITDA: 45.35M