With all the two year hype of Project Reinvention and Xerox trajectory changing to ‘new revenue streams’, they are completely lost. Revenue decline, costs remain high, dividend halved.

Xerox is a company in freefall—revenue is collapsing (-9.7% YoY), equity has been obliterated (-57.6%), debt is rising, and profitability is nonexistent (-$1.3B net loss). The 2024 Reinvention Program already axed 3,000 jobs, yet costs remain... — read more 

Layoffs are in the cards

Severance is 12 weeks for Managers, 8 weeks for Associates and some "critical" roles will get 16 weeks max. Sales people get 2 weeks. ALL only carry you for medical for 2 weeks though you can do COBRA and you will get whatever little PTO you... — read more 

I have been with the company almost 20 years and am pretty sure I will never be laid off. My boss constantly changes our teams job descriptions and projects to ensure they appear very important and indispensable. He is good at making our results... — read more 

Does anyone know the date the money will hit the 401K?

Does anyone know any information if Xerox will fund the RIGP to at least the 60% level in 2025 so those still in can get at least the 50% lump sum option?

Remember Ikon? “IKON uses copiers, printers and multifunction printer technologies from leading manufacturers and document management software and systems from companies like Captaris, Kofax, and EFI” (from Wikipedia). Once the world's largest... — read more 

Yes, bitterness exists. But only because of the way employees have been treated and lied to. Consistently so. You cannot expect people to keep getting bad news and ridiculous policies to stay working there. Even the most dedicated people finally... — read more 

Is there another wave of lay offs / firing on the horizon? - with everything constantly changing and employee roles being transitioned out the country what can be next for the people who are losing their duties? - are they going to stick us somewhere... — read more 

The lack of intelligence, and worse, complete lack of common sense in the top and middle echelons of Xerox is mind boggling. There are two sides to every story, but in what side is no vision, accelerated decline, nose diving share prices, terrible... — read more 

Closed below $8.50 today (Dec 31st) Could be because of: Poor management Adding more debt by purchasing Lexmark Continuing to think print is the future Abysmal customer service

I left last year. Found another job and never looked back. Try something new! You’ll be relieved that you don’t depend on Xerox anymore. It may be hard at first, and it may take some time and many fails before you find a good job, but it’s definitely... — read more 

Is this comparable to when two very old widowers decide be roommates and live out their remaining days?

If you’re still working for the company why would you still talk like this. Maybe you should leave

This should go really smoothly? https://www.businesswire.com/news/home/20241223991224/en/Xerox-to-Acquire-Lexmark

4 major themes keep resurfacing. What’s your take ? The recent acquisition of ITsavvy - what’s impact on current Xerox It resources ? I keep hearing the Canadian inside sales teams are hiring , and hiring aggressively ? Are they going to cut... — read more 

Plenty jobs in China an Japan built new plants hired 10 times prople

I’ve been gone from Xerox for months, but I'm still feeling resentful. I put in all the extra hours, worked weekends, and pushed myself to the limit, only for my position to get outsourced. It's been a wake-up call. I'm never going down that road... — read more 

Does anyone else get frustrated when you know that you are doing the work of 5-6 people and you are no longer allowed to even put so much as a decoration up in your office during office hours? Or you’re not allowed to say Merry Christmas because it’s... — read more 

With the exception of some very specialized skills, having a Xerox on a resume has proven more of a burden than the advantage. At least that’s been my experience. Admittedly I have stayed with Xerox for too long - my bad. But still. What’s your... — read more 

https://www.theregister.com/2024/12/03/760k_xerox_nokia_bofa_morgan/ Hundreds of thousands of employees from major corporations including Xerox, Nokia, Koch, Bank of America, Morgan Stanley and others appear to be the latest victims in a massive... — read more 

There seems to be something missing from the Aston Martin halo at the Qatar race……… Where has the Xerox logo gone, it has been replaced by Valvoline Did Xerox not grease enough palms - if you pardon the pun 😜

So how will this takeover impact Xerox across the US and EMEA? IT the saviour of Xerox?

Lots of Xerox execs in Vegas for the F1 race. Doubt if they stayed at Motel 6, likely stayed at Four Seasons. Now to determine how many employees need to be let go to fund the travel expenses. New partner Aston Martin comes in 11th and 15th place. — read more 

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 

Looks like they chose the wrong team to sponsor ! It could only happen to Xerox.

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 

Just like clockwork. Layoffs have started once again this morning.

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.

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

From trusted source, the exodus starts in January '25 in some countries.

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 

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 

just a heads up, Walmart Canada is looking to drop Xerox soon. Currently piloting new printers