Posting this info because I didn't see a definite answer on how much severance pay we will get if let go during the layoffs. My boss just told me that when the last layoff happened , and my coworker was let go from our department , he received TWO... — read more
What a mess
Things are so messed up at Xerox right now that I’m constantly running into situations where no one can give me a clear answer to ANY question. You ask one person and they point you somewhere else, and it just keeps going in circles. I know decisions... — read more
“Workforce Reduction - Self Nomination Program”
this has to be some reality show at this point, where are the cameras? All you can do is laugh. Who in their right mind will voluntarily raise their hand to be terminated… only to find out volunteering yourself does not gurantee termination. They... — read more
Question re: Workforce Reduction Program
Can I nominate someone else? A few names popped into my head when I read about this.
Volunteer yourself for layoffs!
Now I’ve seen it all! Clown show
Vote no.
Xerox Holdings Corporation is asking shareholders to vote at its 2026 Annual Meeting on May 20, 2026 in Norwalk, Connecticut. Investors will elect nine directors, ratify PricewaterhouseCoopers LLP as auditor for 2026, and cast an advisory Say‑on‑Pay... — read more
The reinvention phase has failed now we are in the endgame
SB being axed by the board was the final nail in the reinvention coffin. None of its architects or proponents are left in Xerox (JB,MG,SB, DMP). All gone. The street, analysts, investors, rating agencies and financial institutions have all voted with... — read more
Toshiba now selling Xerox PrimeLinks
https://business.toshiba.com/news/toshiba-expands-its-high-output-print-portfolio
Xerox your paying for a directors puppet
There are ongoing concerns about a Southeast team member acting beyond their assigned responsibilities. Multiple customers have reported unprofessional communication, which is negatively affecting client relationships. Additionally, decisions being... — read more
Any Xerox employees who still have a RIGP pension need to leave now or risk losing that money!
I quit / retired in 2024 after 38 years due to tge new management - or more aptly mis-management. I could only take 50% of my RIGP pension as a lump sum to move to my professionally managed IRA and now get a monthly check for the balance that only... — read more
What are the chances you'll still be at Xerox in 2027?
If that happens to me personally, I'll consider myself a complete failure.
Fireside Chat Coming your Way
If we had a honest fireside chat right now the following would need to be said; please add what else you think is missing · Xerox currently has a hiring and retention talent problem where we can’t hire or keep the right level of staffing... — read more
Xerox IT Solutions
Of Xerox files for bankruptcy would that include the now separated Xerox IT solutions as well? They split awhile back like it’s a separate company.
Huh. So what happens to us if the bankruptcy rumors are real?
Genuinely asking. I've never been through that before.
Chapter 11
Hearing some buzz about Xerox filing for bankruptcy within the next week.
Radio Silence Since LP’s Video
Things feel eerily quiet.
Tell me again..why are we still here???
Top 3 answers Not as good of a worker as everyone thinks. Very lazy and don’t like change in daily routine, but still wanna get paid. It gets me out of the house, and wife says I need to have a job of sorts. Anything you pick tells one loads... — read more
We need everyone to start pulling your weight
https://youtube.com/shorts/T16L7PaVLTw?si=6MPZP9vQ3U43eTPn
No bigger clown than our CMO
The CMO is such a clown. So desperate to be viewed as important and yet contributes nothing toward improving the performance of Xerox. His politically correct pronouncements, his silly cliches, irrelevant pronouncements and pointless posturing do... — read more
Quick reality check (no tinfoil hat required)
Bandy is out, Louie (a guy who came along with Icahn, left, and then came back—no one really knows why) is in. Company says “business as usual” and reaffirmed 2026 guidance. No mention of sale, Fujifilm, or strategic review. The fun theories... — read more
Getting ready to close the sale
Its not complicated: Deason family wealth manager is the chairman. He bounced bandy in preparation for sale to Fuji. Darwin has been deceased for a while and the family wants to get out of X whatever they can. Louie is just a placeholder until a sale... — read more
Is XBS Going away tomorrow?
Was just told enterprise and XBS will be one sales team starting tomorrow and Dealers will be getting a bunch of XRX Mif. Anyone hear about this?
Which CEO will be in the bridge when the ship starts to sink?
Now that we are down one CEO will we lose another one before Chapter 11 filing? Who will be the one holding the pen signing the final page of the chapter 11 :)
Nothing will change
It would take a miracle worker to turn this ship around.
Louie’s first order of Business
Louie’s first order of business is to unwind the purchase of Lexmark so that Lexmark can go on to have a great and successful history and not one that was ruined by Xerox.
Bandy out as CEO!
Apparently SB has just been told to hit the bricks
Severance Math
Ok, let's say they need to fire ~10,000 people to stay afloat in some form or fashion: With severance, UI insurance, COBRA, and other sundry items, lets say it costs $10K on average. Not just the package, but the actual total cost of firing someone... — read more
Golden Parachute
SB didn't get what he deserved, quite the opposite. He has a golden parachute, which only pays out reliably IF/WHEN the company isn't in CH 7 or 11. Parachutes get trimmed down, and sometimes eliminated entirely in bankruptcy. They didn't throw... — read more
let me be the first to say
Good riddance !
Emp Satisfaction Survey
Anyone think Steve B leaving has anything to do with survey results? Everyone fill the survey out as scathingly as me?
Steve B Leaving
Looks like Steve B’s leaving was a complete surprise to Louie.
Layoff update
layoff today in stanford. 1 person identified
SteveB out
Voluntarily(?). Louie in, and doesn't appear to be as Interim. Too little, too late?
Bandy resigns.
F’ing coward!
Well, there he goes.
Can't blame him, everyone is jumping ship, why wouldn't he.
CMO liked this on LinkedIn
https://www.linkedin.com/posts/jamieschorr_xerox-has-lost-75-of-its-market-value-in-share-7440843685967323138-DQww?utm_source=share&utm_medium=member_ios&rcm=ACoAAAfaElsBwXinezoJMaXHkbihsRTojWhnJRU How confidence inducing
One of the most painful and unsatisfying jobs I've ever had
I can't believe I put myself into this position. The environment is toxic, we have extremely poor people managers, most of them are micromanagers, and tools and processes are broken or ineffective. There is massive burnout not just in my team, but... — read more
Curious...
Anyone think the company will take care of you and your family? One has to be d-mb to plan on staying with Xerox. They can't even afford to debunk this site. The whole organization has decided to keel over to die... Shame on you if you still work... — read more