Some posts suggesting that TKkk fudged numbers. Can you say more?

Are the layoffs primarily affecting US markets or going to be seeing cuts globally. Aren’t the UK going into a recession!?

The press reporting the 15% story clearly don't get what’s happening. Several of the have reported a 15% cut of “staffers” Its not staff thats going to take the brunt of the cuts. Its SALES. All those former GIS cores, “specialists”, all the direct... — read more 

Are we really going to be in this chaos all the way until Q1 earnings are published? And then, just more layoffs? Glorious reorg, this one is.

I was not able to get on the call. Can anyone give a recap? They never posted a replay. I have only heard so far that he said bankruptcy and that things will break.

JC-S, JW, SH! Gone? Is this it for the iGen?

Our location is in total disarray this week. No work getting done, just people talkong about the layoffs, reorg and what-ifs. Were probably all out of here in a few weeks. Heck, the headquarters “leadership” is probably out too. It definitely has... — read more 

did he say bankruptcy?

Think of all the reorgs, re-alignments, “new” focus statements from Sr Mgt. Ann, Ursula and especially JV and Stevie, told employees, customers and the stock market all kinds of things that were going to be growth engines: business process... — read more 

Are all the production inkjet tigers gone already?

What is the package to volunteer for US based employees? I am not volunteering until I know what the offer is - it might just be a bigger box to pack up your '#$!&' and get out. If that is the case I will take my chances - and hope to collect more... — read more 

Did I hear right that senior leadership is actually bringing back CEO club this year?? We just announced a “strategic realignment” that means eliminating 15% more of our workforce and someone thinks it’s a good idea to go spend millions on a trip to... — read more 

RB is taking over JCS's responsibilities on an interim basis. AL from ESI is out (unsure if fired or resigned) and KP from C2 in VT (2021 ITS acquisition) is taking on some/all of his workload, which will be a disaster. RB is saying there will be... — read more 

I've been working here for years, and went through so many reorgs that I lost count on how many times I dodged the bullet. I don't stress about it anymore as much. Over years you kinda develop your own coping mechanism and the routine of putting... — read more 

Which areas can consider themselves safe from cuts?

Walking away with severance is the best you can hope for at today's Xerox.

Tech layoffs in the spotlight again as 2024 kicks off with Xerox job cuts The printer and copier maker announced plans to cut 15% of its workforce Wednesday Tech layoffs are in the spotlight once again after Xerox Holdings Corp. announced plans... — read more 

What happened with JCS and TK? Louie Louie is back!

Steve B announced a 15% reduction in force this morning. Reduction will happen this quarter.

Is anyone hearing of more re-org plans within XBS and what's remaining of the cores? Given RH wasn't replaced and the recent retirement of JCS, what is the plan and who's leading it? I know they paused on a full "integration" during COVID - I've... — read more 

I'm one of them, how many others are looking for a way out?

Look it up

Thoughts? Any Xerox layoffs? Any chatter, news or rumors?

Lots of beans being spilled about how they're 3rd partying nearly everything out next Q.

Coming in Q1 2024 the massive shakeup and reorganisation we have all been waiting years to happen. Look for Xerox to remedy the Fuji relationship, SAG expense, global geographies that are under water, and fix having competitive product (sold by FBI... — read more 

https://www.myronbowling.com/current-auctions/xerox

https://reviews.canadastop100.com/top-employer-xerox Here are some of the reasons why Xerox Canada Ltd. was selected as one of Greater Toronto's Top Employers (2024): Xerox Canada encourages ongoing professional development with generous tuition... — read more 

I keep hearing rumor.

https://www.reuters.com/markets/deals/us-xerox-sells-russian-operations-local-management-2023-10-11/ Sold to local businesses for undisclosed amount

Late September, Xerox took a bridge loan to buy back shares from Carl Icahn. Xerox has secured a new loan for $550 million to replace the short-term bridge loan with a supposedly more manageable long-term one. So far, so good. but here is the... — read more 

"We make the divvy, just don't ask how we did it" "all for one and one for the divvy" "wall street 3 - the divvy" "Meg 3 - the x divvy" "Donnie Boscoedivvy" "Goodfellasdivvy" "make up sht in the budget for divvy" "Stevie pees sitting... — read more 

Whatever it takes to book the cuts and cut a check for the divvy.

Current debt is 2x+ current market cap of the company! That would be like getting a 10k credit card and putting a 20k balance on it. Stop this madness find life elsewhere you were warned. I'm sure they will cut what / who they need to in order to... — read more 

Jeffries / Citi still cannot offload this debt as of this post! Xerox loaded up on debt- the bridge loan .. and despite 2 weeks plus of trying to find another buyer of the leveraged debt deal.. now what? Clearly Xerox cannot afford the ballon... — read more 

True? Sounds about right JV did the same think never mentioned HP and was lying as public record shows he engaged hp a month after he got to x. Sounds like this is the 1st thing x I'd when Carl ejected. Par for the course I guess...

Price point wouldn't be disclosed there would be a floor and ceiling. If sales does it's job there wi--y be divvy not sales comp... 7 year leases would be mandatory. No Wegmans pods - All coffee must be bought through x. All proprietary... — read more 

Don't sign anything until Q2 2024 earning are reported. Carl's creeps still here and they will be out of saki by then so you will get a true value for any sale.

X will do that to ya...