Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

Carl Loads Up !

Xerox Holdings shares perked up Thursday after investor Carl Icahn disclosed that he had boosted his holding in the beleaguered copier company this week by more than 725,000 shares, to 27.3 million shares, or a 12.8% stake.

September news?

I hear chatter online of something occurring in September, anything specific?

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| 2170 views | | 5 replies (last August 21, 2020)
Post ID: @OP+16xPyS6Q

Furlough

90 days today on Furlough and Xerox is MIA. Not a letter, phone call or even a text. 30 years of Dedicated service and this is how they treat you.

ServiceNow

How's that ServiceNow project coming along? Imagine the heat is starting to rise on the geniuses that touted that project.

XBS Furlough

I too was furloughed In May. Can't contact HR by phone. No number provided!!! Only email. I just love sitting around scratching my gonads while in limbo! Still employed, but not really! I wish they would just let us know if we are still employed, so... — read more 

Convergence or Death? Leave now or wait on a package?

Reality is this industry's sustainability has been on shaky ground for a decade. Maybe it had a couple more years in the tank but pandemic has brought everything forward and now the quagmire garage sales are imminent. Looks like Ricoh will be piecing... — read more 

Stock price

Can some explain how the stock is at 17. With the poor performance and the lowered investment rating from 2 firms how is the stock price going up?

Average Service Response Times ?

Is anyone else experiencing really long wait times for service? What to tell customers? I mean you can only use the pandemic excuse so many times.

Xerox Recovers

It looks as though all of Xerox's troubles today have been resolved. There is no need to worry, in the coming weeks you can all expect a communication regarding this. You will all get your jobs back, they will move the offshore jobs back onshore. ... — read more 

September noise for XBS

Going to be some changes in XBS next month. Directors, TSM and hardware techs moving over to Xerox. Oh but it's not for everyone, going to be some techs layed off as the max techs per territory will mix with existing Xerox techs. Core sales reps... — read more 

Watch Out! Icahn's On The Move Again!

Xerox Holdings Corp XRX 2.51% saw 10% owner Carl Icahn add to his stake. He indirectly picked up more than 1.81 million shares altogether for $16.07 to $16.60 each. That totaled almost $29.58 million. Also, a director bought 15,000 shares last... — read more 

Townhall comments

What happened at the town hall? I assume that no one admitted that offshoring went too far, that buybacks were ill-advised, or that Wall Street was intentionally misinformed about business strategy.

Fitch Ratings revises Xerox outlook to negative

“ Xerox's core business has been in decline for several years, and recent product refreshes were not successful at turning around mid-single-digit declines in its post-sale business, which represents more than three quarters of revenue. Fitch expects... — read more 

Moody’s negative on Xerox. Likely to default.

New York, August 03, 2020 – Moody's Investors Service ("Moody's") assigned a Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and an SGL-1 speculative grade liquidity rating to Xerox Holdings Corporation (Xerox... — read more 

Old school legal team again hurts Xerox

They p-ss-d off the wrong group. Things would be different if Xerox now has an actual functioning security team, but no. Xerox took the “we call your bluff” route. Now our information (as in employees) is “out there”... — read more 

IRIFS

When is the hammer going to fall and the Layoffs start?

It’s not John Vs fault but he sure didn’t help.

Remember. It is not John V’s fault that a pandemic struck, locking people in their homes and keeping them away from the office & thus not printing. That being said, he CLEARLY set up Xerox in a position to fail by not diversifying its portfolio in... — read more 

Analysts need to follow up

In what world does “we have double digit growth in our pipeline” pass muster without follow up by the investment community? It’s almost like everyone is afraid to ask John V questions. Maybe intentional use of an ambiguous term.

XRX releases 2nd Quarter Results

Revenue drop worse than J.P. Morgan’s prediction. “$1.47 billion of revenue, a decrease of 35.3 percent year-over-year or 34.6 percent in constant currency” Folks there it is. This a wrap. ... — read more 

XBS laid off.

I've been on furlough since May from XBS. Are we going t o be laid off? Does any one out there know WTF is going on? Please post any info.

Xerox Earnings Zoom Call Listening Party

After following the slow demise of Xerox over the years It seems only right to memorialize tomorrow mornings earning call. Anyone interested in a virtual Zoom party to listen in and provide satirical comments? Sure the call is at 7am EST but I’m... — read more 

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| 1650 views | | 8 replies (last July 29, 2020)
Post ID: @OP+169OElGG

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