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 

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?

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 

Xerox made one of the worst decisions I've ever seen them make. I've worked for CBS and under Jay Cartisano leadership for 9 years and he was one of the best Presidents and cared so much for his CBS family. I hope he knows what a difference he has... — read more 

There are many pretenders but in reality I think that the percentage of those who really take their work seriously here is relatively minor.

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 

Gear up for another Monday if cuts!

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 

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...

X makes it even lower. The company seems to have become an expert in how to destroy any morale employees have left?

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 

WTF?

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 

Move on already.

Will there be a continuation of cuts today?

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

TheStreet cut shares of Xerox (NYSE:XRX – Get Rating) from a c- rating to a d+ rating in a research note released on Thursday morning, TheStreetRatingsTable reports. A number of other equities research analysts also recently issued reports on the... — read more 

Tessy Plastics Corp. has completed the purchase of nearly 1.5 million square feet of property on the Xerox campus off Phillips Road in Webster for $26 million. https://rbj.net/2022/07/08/tessy-plastics-buys-three-xerox-buildings-for-26-million/ — read more 

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?

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

We keep getting new employees all the time. I thought it was well known within and outside of Xerox that this is where you go if you want your career to die. I can't see any advantages to joining at this point. The pay is certainly not a draw, nor... — read more 

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.

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

Xerox could have done so much better in the past decade if we didn't have leaders that put greed ahead of everything else. There is so much potential here that great leadership would know what to do with but this group only keeps wasting it. Decades... — read more 

If you quit, you're a failure. That was instilled in me since I was born and for decades later. Now I'm stuck in this horrible company that has no future but I can't get out of the frame of mind that quitting would be admitting defeat. I pray to be... — read more 

Think about it, whoever is chosen to be the new CEO will want to make an impression from the start. The easiest way to do that is to cut costs, and the easiest way to do that is through layoffs. I think we'll be looking at major cuts no matter who... — read more 

Moderator: this is technically about layoffs is it not?

Xerox’s share price dropped yesterday (30 June) following the unexpected death of its vice chairman and CEO John Visentin, while activist investor Carl Icahn is yet to comment on the... — read more 

The silence is deafening today here in Webster. Last day of the Q, last of the mystery meetings to lay people off….and the passing of JV.

Agree / Disagree and why

What do you think?

I'm assuming SB is not going to remain as his permanent replacement in the CEO position. I'm trying to figure out who they can put at the helm of the company for the long term and to be honest, I can't think of anybody who could pull the company from... — read more 

https://www.msn.com/en-us/money/companies/xerox-ceo-john-visentin-dies-at-59/ar-AAZ0NdN Visentin, who was also the vice chairman, joined Xerox as its CEO in May 2018 after he was nominated by Carl Icahn. The activist investor’s firm is the biggest... — read more 

It’s official J.V died at age 58.

Lots of rumors about these two topics. We can all tell he looks like he-l and have suspected issues for months. Would anyone really be shocked if the Fuji deal is resurrected? How else will Carl get his money out? There certainly aren’t any other... — read more