What could possibly go wrong? https://finance.yahoo.com/news/xerox-announces-app-track-remote-151609157.html
Xerox shortcomings
I decided to start a list of things making Xerox fail. It is essentially run by Icahn. The company officers just take orders. Not really independent. Employees not respected. Business model unsustainable, now accelerated by... — read more
KPP bonus payout----HCL
For those of you asking prior, if you got in your offer letter last year the addendum about the KPP bonus, it was paid out in yesterdays payroll, I was pleasantly surprised!! Say what you want about them but damn they came through with stay bonuses... — read more
32% drop in revenue YOY (estimated)
If J.P. Morgan analysts are right about a 32% drop in June YOY revenue (earnings call is next week)...well this very very bad news for X & everyone who works there. These numbers are even worse when you consider revenues can potentially fall in half... — read more
XRX down 6% with a SELL recommendation today
This article may have influenced the stock's performance today: https://www.marketwatch.com/articles/xerox-stock-is-down-50-this-year-why-j-p-morgan-says-you-should-sell-51595604367?mod=mw_latestnews
SNOW
What’s the real deal with this? Just another step in laying off XBS parts and supplies employees ??
Q2 earnings - how bad was it?
Ahead of next Tuesday’s earnings call, how is Xerox revenue & profit shaping up? The performance directly impacts layoffs - so everyone should be very aware and interested in the business results.
Cary, NC?
Is it open and are they hiring?
Cores Merging
Has anyone heard anything about additional cores merging?
Hurry up with next wave
Why the hold up? Announce the departments being offshore this quarter so those of us wanting to continue in this dump can sleep better.
The Xeroxtitanic has Sunk
I’m sorry folks. It’s done. Carl Icahn bought the company hoping for an HP/Xerox or viceverca merger. Didn’t happen. Then Covid hit.This is now a dead company walking. All talent is walking away or fired. Customers are leaving in droves. Revenue is... — read more
Reduced hours?
Has anyone the US who is still with Xerox Direct or XBS (not HCL or a third party) and exempt had their hours and pay reduced? Heard a rumor it might be coming and wanted to see if its already happening.
Anyone know what happened to COTGs president?
I was on a call the other day with some executives and gleaned that COTGs president is gone. I think his name was Dan? Anyone know what happened? Or who is the president now?
401K fees
I noticed that fees were taken out in April and again in July. Why is this happening, I don't recall seeing any mention of this.
XBS raises
So what’s the deal with raises? Seem to remember an email mentioning a possible in July. Hmmm? Haven’t had a raise on 3 years. And the last two have been pure he**. We’re just supposed to work ourselves to death with nothing in return. ... — read more
ESI, Lewan and RK Dixon
How are the cores doing? I hear that a lot of people are leaving but when I check the career pages they’re barely hiring. Does the hiring freeze prevent replacing lost employees? When will the hiring freeze be over? How are things going at those... — read more
XEROX Accrued Vacation ?
if you leave Xerox do they pay out unused vacation ?
Xerox Hacked
https://www.bleepingcomputer.com/news/security/business-giant-xerox-allegedly-suffers-maze-ransomware-attack/ Based on the photo with the HCL logo: I think I know how they were hacked. Considering I don't see a dump of files I assume Xerox or... — read more
Furloughed Employee
I'm an XBS Technician who was furloughed in mid May for 3 months along with many others. We were rumored to merge with Xerox direct Technicians very soon so we will be going into each others accounts. Would not be surprised if they decide they don't... — read more
XBS IT is on the clock
Don’t believe anything the Xerox team tells you. All liars starting with the top schmuck. You will soon be displaced by Wipro, HCL and the other ‘winners’ supposedly making Xerox the tech powerhouse JV seems to think it is.
It's hard to watch this
Xerox was a formidable company once and a great place to work. Now we are watching it die and it's hard. Watching all the wasted potential, all the suffering being inflicted on employees, all the greed the management is not even trying to mask... — read more
Separation Agreement
How many of you had 45 days prior to receiving the severance paperwork to look at it?
Soooo Thinnnn
Our core is already thin but there will not be multiple sales teams in a region. 1 sales manager per region. Some cores will not have VP's. Presidents will be doing the job of Sales VP's now. Production will further be consolidated with direct: rep... — read more
Accidental Emails
In your Outlook, hit folder, then recover deleted items. Some interesting "accidental" emails may be in there of interest to you. Sometimes, just sometimes someone sends out something they are not supposed to, and it goes there. You can recover it... — read more
XRX stock in toilet - any positive news?
Xerox stock tanking to the lows in March. How are sales? Are targets being met? Will additional lay offs hurt or help XBS? Anyone on the inside comment along with your location? What XBS cores are doing best?
Xerox hacked?
https://www.securityweek.com/ransomware-operators-claim-they-hacked-printing-giant-xerox?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Securityweek+%28SecurityWeek+RSS+Feed%29
xbs consolidation
any news on further consolidation within xbs today? can anyone confirm rumors of layoffs? what departments? what positions?
July XBS Consolidation
many rumors about further consolidation within xbs today. post you updates here. what departments have been effected. what positions have been let go.
Tomorrow
Confirmed consolidation for sales and operations management in XBS tomorrow. Calls underway currently with XBS regional presidents.
I really don't want to be laid off right now
I've been looking for a new job for the past two months - there's nothing!!! And considering that unemployment payouts are going back to regular levels at the end of this month, being laid off right now would be the worst possible thing that could... — read more
My experiences at Xerox Canada
Xerox Canada is a small market. I spent 15 years moving through the ranks at X Canada. It used to be a small close knit & fantastic group. We didn’t make a lot of money but we were happy & drove results. Then around 2014-2015 things began to... — read more
July 1
Have heard Sales VPs and more “redundancy” in middle management may be done away with sooner rather than later. July 1 has been said a lot on this site. Will anything happen this week?
furloughs not coming back
saint john contractors furloughed until the 30th of june are not on the july schedule. they aren't coming back. schedules were just released across multiple departments. managers and contractors reportedly don't know what's happening. saw a new... — read more
OWBPA collection
I’d love to start a collection of OWBPA tables provided to those layed off by Xerox. The anecdotal evidence is clear regarding discrimination but having a fuller view into what has been done is necessary to determine class action viability of... — read more
Driving a spike through Xerox’s heart
I recently left Xerox. I enjoyed the people I worked with but the stupid decisions made by the uppers always left me scratching my head. One day, after watching all my fellow employees get fired, layed off, furloughed I finally had enough and left... — read more
How to alienate your customers - or, how to k--l a business
In the not so distant past, a printer company switched from a perfectly usable and reliable phone system to a "soft phone" technology. This software solution was considered a success by everyone except for those who had to use it and to those who... — read more
Stock price $3.97. Remember reverse split
How does this stock recover. Is xerox a buy. Any information on how the strategies to transform are working
No re-hire policy
I’ve talked to more than a few layed off individuals who have applied for open positions at XRX, to find that they are prohibited from being re-hired because they had already taken a pension or 401k distribution. I cannot find XRX policy supporting... — read more