Conduent stock price is $2.37 down from a 52 week high of over $14.00
Lay offs on Friday in port tucket
Trusted source, all essential people laid off. Good thing we know in advance so we can go apply. The market is full of jobs!
Layoffs
Layoffs in LA coming by the weeks end
Xerox to produce ventilators in Webster
https://rbj.net/2020/04/07/xerox-to-produce-ventilators-in-webster/
Due diligence not Carl’s strong point
Gartner has a nice write up, G00301169 that includes: “Xerox has plans to implement programs that will reduce costs by $2.4 billion over the next 3 years”. This from Feb 2016. It continues “financier Carl I, who owns 8% of Xerox’s shares... — read more
Layoffs This Month- My Predication
Presidents and VP's were SCRAMBLING last week to pad their April forecast and make it seem like their core was business as usual. Mark my words. There will be a layoff from every department , totalling 20% from every department.. including... — read more
BEST EVER depiction of the how XRX mgmt ran the company into the ground.
Find the thread “To no ones surprise...” and Post ID: @4yze+14fa4XRk. It’s the best yet description of what has gone wrong with XRX since Icahn began running the show. Some will point out UB or others long ago had a hand in the company demise. That’s... — read more
Prediction: Xerox NA Furloughs (mid April)
I'd bet there will be something coming mid April. This is just my gut feeling. HR is slow, furloughs are complex to structure but I'd be they will do it. They will probably use it to purge lower performers as well. I have no insider Xerox knowledge... — read more
When did Xerox stop contributing to pensions?
And why did Xerox do this.
Layoffs
Any news on layoffs? Anywhere in America. Conduent or direct or global?
To No One's Surprise: Xerox is reportedly dropping its $30 billion hostile takeover bid for for HP
Probably was never going to happen but given the current world circumstances it's best to back away. https://www.businessinsider.com/xerox-hp-ending-hostile-takeover-bid-2020-3
The beginning of remote workers
What strikes xerox hard in a few months is the realization by most of our customers that they can actually function pretty well remotely while saving money doing so.
Are these layoffs permanent?
People who were shown the door due to the coronavirus pandemic, were they laid off temporarily or for good? I'd just like to know how worried I should be in case I'm next.
Toronto admin office
Does anybody know if there are plans for lay offs in the Toronto Admin office, due to the pandemic?
NY Human rights discrimination deadline
NY discrimination (Eg age discrimination) cases need to be filed within 1 year of action. s-xual harassment cases (looking at Steve and John specifically now) have 3 years to file. If you were, or get, laid off do consider filing for punitive... — read more
more palo alto, parc, layoffs....
coming in april. good long time employees. this is really becoming a company of managers, salespeople, and outsourcing....no creation engine in this place, just cut cut cut......very sad the people further up the ladder only know spreadsheets and... — read more
Xerox Business Model - in the market?
Xerox model is based upon people working in a physical office, and printing - the very thing that is literally banned across the world right now. I mean impression rates have literally gone to zero. And MPS?? no one in an office so same problem. ... — read more
Xerox Union
Since the giant layoffs in Xerox Saint John, now with the pandemic, we have the numbers to make the formation of a call center union not only feasible but possible. Stay tuned for the details and how to get information. Xerox is going to have to... — read more
Anybody know why?
Why are the essential workers not given PPE? Are they wanting us to quit? Does anyone have an answer for this?
Canadian Support (NTSG) people getting laid off
Production presses and software support folks in Toronto have started to get laid off after some went to Guatemala to train, one may presume, their replacement. How caring of Xerox. Especially to outsource support to clueless folks who can't work... — read more
Furloughs most all contracts for 3 Months
In order to protect all Xerox employees as 1st priority in this pandemic, most all contract workers have been furloughed for 3 long months–no pay or anything! IOW, at a time of steep decline of its stock and perhaps income, it had to protect the... — read more
John V is doing everything to prevent essential workers?
Except provide PPE. Zero. PPE is considered the minimum an employer should provide. Zero provided.
HCL and Conduent hacked?
Heard HCL and/or Conduent got hacked last week, shutting down all the phone lines. Nobody could place service calls/order toner/. Anybody hear that?
Can Xerox survive this?
We were in freefall as it is - I think this whole pandemic can simply ensure that we are done sooner rather than later.
India lockdown, USA math/science challenged
The India lockdown is going to hurt those heavily outsourced there, like XRX. So sad. The US is acting as if they never saw a graph they understood. Smart companies may survive this. Xerox under Carl’s thumb of lackeys have not demonstrated... — read more
Is Xerox considered an "Essential Business"
I would think not. So shouldn't all/most of the employees be temporarily laid off ? Corning Glass just laid off ~400 because they did not meet the govt definition of essential business.
Xerox Workers Comp
Xerox's workman's comp insurance company must be worried right now. They will be the ones that pay out claims for techs and others that get sick on the job because Xerox said they had to go to work.
Stock Price nearing a all time low
There was talk about bankruptcy last time stock price was this low. It’s a very scary time right now.
What are my rights here
Do you think Xerox is providing a safe workplace? Xerox is clearly not outlining which of our customers are part of what's considered essential. Do not expect me to expose my family for Xerox to provide non-essential service. Please stay at... — read more
UK needs tech firms to build ventilators
How sad, 25 years ago xerox could of done this, but no, we sold out to the outsourced devils, I hope the share holders now have reaped what they sowed! CSEs are just canon fodder...
Get out NOW! Time is running out
My advice: If you think you want to roll the dice to collect severance, that’s your gamble. But a few items to consider: severance isn’t highly taxed and goes quickly if you pay bills with it you can’t get unemployment until severance runs... — read more
Working in the field??
My manager is safe at home, yet all my colleagues are running throughout the city responding to service calls. This job is absolutely non-essential. There will be many questions needing to be answered in the months to come.
XBS cores in states or cities on quarantine?
Are you still having to report to work? I’m in a state that’s recommended that all non essential workers stay home but to mandatory quarantine yet. However or city is meeting tomorrow to impose that just for this area. Will Xerox honor that? So far... — read more
Xerox Hostile Takeover Of HP Inc. Hits A Wall (A Writer's Perspective)
Excellent article from a tech writer who seems to have a good grasp on the state of Xerox. https://techspective.net/2020/03/20/xerox-hostile-takeover-of-hp-inc-hits-a-wall/
Are we being punished from above?
Is Wall Street’s analyst community pending awakening to XRX shenanigans punishment for Carl’s past evilness? Is Covid-19 wrath from above for the corporate greed in the world? Are liberals controlling us via a “deep heaven” acting against... — read more
XEROX Essentials
How Many Essentials are asked to work and are still working? I'm in California for the whole time! We need special pay I would rather be safe at home!
Time to stop complaining
Remember all of those people who were “so happy they left” Xerox to go to a local dealer. 90% of the dealers had significant layoffs yesterday and today. Thank you Xerox for the paycheck today. I don’t take employment for granted.
Covid19 news?
Anyone out there know anything about Xerox's plans if (when) this virus causes more than a temporary interruption in business? Other companies are already laying people off. Where I am, they called an "emergency" meeting to talk about coronavirus... — read more
Covid19 -> Xerox has no supplies of anything
Contrary to internal emails telling us they can provide masks etc. They have none. A colleague contacted them to get some and she was told that they are out of everything. The b—s— never ends....