Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

Is that even possible anymore?

Xerox is a total mess. Is there anyone here who thinks that it is possible to stabilize this company? I think that, unfortunately, it is too late for that. I don't see how that would be possible.

2Q22 Employment: 22,700

Good metric to track, one indicator of company direction Y/E 2021: 23,300 Y/E 2020: 25,100

The atmosphere is so toxic

This is the first company I work for where I feel anxious whenever I need to ask about something I need. I'm almost sure that for most people here, Xerox is the most toxic company they've ever worked for? Maybe it wasn't always like that, but it... — read more 

Earnings - Not Good

2Q22 Xerox lost $4M or 5 cents a share compared to last year where they posted a profit of $91M or 46 cents a share Rev down 2.6% in 2Q22 XRX down ~ 31% in 2022, while S&P 500 has declined ~ 17%

Only perhaps some radical change

I'm afraid there is no way out for X. I'm not even sure anymore if some radical move can change this place for the better? Maybe it's too late for everything now. I wish I wasn't right.

Last Monday of the month

If history repeats itself, every Monday this month there has been reduction in force. Rumour has it that it’s happening again today.

Stop wasting your life at Xerox

You'll have nothing to show for it in the end. There are thousands of better companies that appreciate their employees and reward them properly for the work they're doing. Go find one of them. Even if it's not perfect, it's going to be better than... — read more 

Production shutting down or being sold

Any truth that layoff will affect the “president” and last ones standing of the once great production team? If infact, a sale of that division is eminent, the buyer seeks the existing customer base. The few remaining products aren’t worth promoting... — read more 

Why is it deleted?

Why removing the post about the 10 most overpaid CEOs? JV is #4 on this list. This is public information and important for employees to know, but this site has deleted that post twice (once before he died, so this must not be the reason).

One team, one boat

These are the 10 most overpaid CEOs in the 2022 Fortune 500. John Visentin, Xerox Holdings Pay vs. Performance Composite Score*: 916 3-year average compensation: $10.7 million Company 3-year total return annualized: –15.6% Industry median 3-year... — read more 

Is it just me?

or does anyone find it suspicious that a website on layoffs has so many JV, EC, and XRX lovers? If you're so happy, what are you doing on this site? Bullying other employees?

July 26, Q2 results, what is expected?

Profitability is horrible, but we are taking market share in BW A3, and if we just do the same in all other segments we could reach mediocrity in 2024… Steve B will plug CareAR 700 million times, despite almost all revenue in that division coming... — read more 

The days of the manufacturer are over

It is sad to see what has happened w Xerox. Totally destroyed GIS, the direct channel is a mess and people are just waiting to be let go. Mr. Vega was a pioneer of Global and embodied the benchmark. It’s not a surprise to see his life long... — read more 

I left and two years later I brought over a friend

What great joy to had fled this modern horse saddle dumpster to a fintec startup working in tailored software. I've been truly blessed and yesterday my luck extended to a smart ex-colleague of mine who'll be joining me in this wonderful fully remote... — read more 

CareAR, are they actually selling anything ???

How can CareAR spin off of Xerox as a separate business when they seem to have no sales ?? Will ServiceNow acquire them for pennies or .. ? its just doesn't make sense ... to me at least...

I think the majority can't wait to be cut

I think that X has become the company where employees are the least disappointed when they are cut. Perhaps I'm wrong, but it seems to me that no one wants to work here anymore and everyone is hoping for a package. Just out of curiosity, how much... — read more 

Sales losing their cars

Just heard all of Xerox sales (and Analysts?) lost their cars effective July 1, they have to now use an app on their phone to track mileage. If they forget to press the button when they leave the house they can only have up to 10% of their mileage... — read more 

July 11

The cuts this morning have started. Not a good way to start the week.

Experience gained

I am one of those who stayed here too long. It's my own fault that I'm stuck here. In general, do you think that you have gained a lot of valuable experience here?

CareAR IRIF??

I heard there was a big layoff within CareAR. any truth?

looking 4 rumors - who has one?

looking to consolidate rumors to see if any have legs. who's buying us? who's merging with who? what divisions are getting downsized? share rumors you have heard about and when they are supposed to occur.

Sinking at a fast pace

Basically, I'm more concerned about myself and how to find a new job, but still I often wonder if anything can save Xerox?

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