Where HP surprised favorably for the first time in a while was its printing business. Printing sales rose 1% from the prior year and came in ahead of expectations. The upside could stem from struggles at rival Xerox (XRX), which is sm--k in the... — read more
Aston Martin issues second profit warning in two months
Looks like they chose the wrong team to sponsor ! It could only happen to Xerox.
Leadership is clueless
They seem stuck trying to revive a business that's way past its prime, acting heartless and desperate in the process. They're blindly clinging to outdated ideas that just don’t work. The best thing to do now is to leave and not let them dictate your... — read more
More layoffs have started today.
Just like clockwork. Layoffs have started once again this morning.
Building 207 Café Ceasing Operations
Very sad, but not unexpected. The café has become a ghost town. It looks like one person has been running what little is left of it.
Class Actions kick off
https://www.businesswire.com/news/home/20241120369491/en/Kirby-McInerney-LLP-Announces-the-Filing-of-a-Securities-Class-Action-on-Behalf-of-Xerox-Holdings-Corporation-Investors-XRX
EMEA analysts rebadged to HCL
From trusted source, the exodus starts in January '25 in some countries.
Xerox Formula One fantasy nobody asked for
Xerox just announced is partnering with Aston Martin Formula One team. Let that sink in for a moment. A company struggling with declining revenues, debt issues, and shaky cash flow is now rubbing shoulders with the elite of Formula One... — read more
Aston Martin Aramco Formula One Team Announces Partnership With Office Technology and Solutions Leader Xerox
The most expensive sport for sponsorship and yet despite Xerox declining revenues, losses and global layoffs, SteveB signs off a Formula One sponsorship deal. Absolutely speechless ! So do we get subsidised tickets to the Vegas race next week ? ... — read more
Walmart Canada dropping Xerox
just a heads up, Walmart Canada is looking to drop Xerox soon. Currently piloting new printers
Town Hall
Nice town Hall today. Coward Steve starts out saying that they are not taking Q&A today. Isn't that what a Town Hall is? Two-way communication?? Well, at least we know that dealers are eligible for CEO club and that Xerox is sponsoring a formula 1... — read more
Sales support
So sales support, specifically xbs sales support has just officially been segmented from the sales force. Is this the first step to getting rebadge over to HCL? What happens next?
Building 300 now Fairlife milk
I was near the Webster Xerox ghost town, and I noticed the old Xerox building 300 now has a Fairlife milk sign on it. Did they buy it, rent it or just decide to milk the Xerox like every other upper manager?
Can Xerox just stop
Is it possible that we will just close? Is someone capable of buying us? I think it would be broken up into pieces iof it did close and let our customers just get another service provider. Can this really happen?
Godspeed to all impacted this week
The rest of us should offboard in any way we can. The sooner, the better.
Xerox Layoffs 2025
What are your thoughts about potential Xerox layoffs? Any chatter, news or rumors?
layoffs
more today. admins in massachusetts. anyone else?
When Xerox execs hide the mess, Lawyers do the rest!
https://www.frankcruzlaw.com/cases/xerox-holdings-corporation/ https://bgandg.com/XRX/ https://zlk.com/pslra-1/xerox-holdings-corporation-lawsuit-submission-form?prid=110920&wire=1 Well, folks, looks like Xerox just stepped on a legal landmine!... — read more
Wow! This thing is REALLY collapsing
I believe there will be another round of layoffs announced very quickly. Its all collapsing much faster than Stevieboy “planned.” Stevieboy is going go have to make some big changes in the immediate future. If you thought you could make it through... — read more
Lawsuit and fraud allegations from Q3 earnings
This investigation concerns whether Xerox Holdings Corporation and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices https://pomlaw.com/recent-case-form?type=investigative&company=XRX
Censorship
Last week, someone commented on the open corporate X Transformation board ( and I am paraphrasing) that SB was disingenuous for calling cutting employees, shipping jobs to India, stock buy backs, and not fully funding the US pension plan a... — read more
Xerox Q3 earnings: Time-traveling execs and the smoke & mirrors show!
SB is here with the latest “pattern recognition” insights, where he and the leadership team see “things we can’t see.” Apparently, they’re time-travelers of the corporate world, spotting a bright, shiny Xerox future... just a few years down the... — read more
Steevvvee has superpowers
Direct quote from earnings call "we can see the future, things you can’t see" If this isn't proof positive, or a diagnosis, either way run baby run don't look back.
Good luck everybody
I got on my own terms years ago, but still have many friends at Xerox who just need a few more years. It's easier to just hang out and coast to retirement than to jump ship and start over again for just a few years. For everybody still there for... — read more
Time to befog the investors again....
No single performance point can define our reinvention journey or path to success? Maybe not, but every performance point can. Since the "reinvention" every performance point has been worse than the one before. That metric proves you can't... — read more
Xerox’s Reinvention: Hero in 2025, Zero today?
Alright, Xerox family, buckle up! Remember that bold Reinvention roadmap promising to save us all? Well, it’s still coming to the rescue… just not today. Or tomorrow. Turns out, our cost-saving hero is taking the scenic route, ETA: sometime in... — read more
Project Reinvention is not working……
SteveB says “ Q3 results demonstrate no single quarter or performance metric in isolation defines our Reinvention” - surely Q3 results show your leadership is not working and Project Reinvention is fatally flawed. You even want to train an... — read more
Q3 2024 Town Hall meeting
My Q3 2024 Team Xerox Town Hall meeting invite went to my Junk Email in Outlook. I find that ironic. If Outlook recognizes a Corporate email as junk, maybe the correct action to take is to report the email as junk back to Corporate? Positive... — read more
Reinvention training
Did anyone understand the training? It was supposed to " enlighten " us to what upper management's plan is going forward. It was more confusing and I still don't know what they want to accomplish. All of the production analysts and their managers... — read more
Welcome to Xerox! Has Any Xerox Acquisition Ever Been Successful?
I'm sure it works out for the one who gets the check but employees of the acquired company? 'Good News, you now work for xerox!'Vader Systems? GIS? ____? Any buyout worked out well for employees of a buy out? No '100 years nonsense... please be... — read more
Ex-CEO at Al Smith Dinner
Was that Ursula front & center at the Al Smith dinner?
Vacation Policy Announced 7/1/24
Does anyone know if the revised vacation policy on accrual went into effect 1/1/24 or 7/1/24? New policy was announced late June / early July 20204.
Earnings Call Approaches
I'm sure they will be as egotistical as ever as they get to play T Ball with the analysts what a joke.....
Looks Like We Are Shopping For A Buyer Again
I'm uncertain how much longer we can keep spending without shutting down operations. My boss mentioned we're looking for a buyer or someone interested in purchasing some of our remaining patents. Does anyone know of potential buyers? What are you... — read more
Customer last. Employee last. Management first.
The Xerox name is long dead. As are the companies morals, support for the customer and it's employees. below is a key to understanding Xerox. Reinvention = Mass Redundancy Ethical = Ignoring employees needs with the help of HR. Transformation =... — read more
Whatever happened to Xerox Capital Services?
Whatever happened to Xerox Capital Services? I worked there a long time ago when they were partnered with GE and bringing in Six Sigma. But it looks like they have dropped off off of the map.
Being a toxic person seems to be a requirement to get hired at Xerox
I've never met so many toxic people in one place as I have here.