Thoughts on pulling out your pension as a lump? I know this doesn’t apply to many. But thoughts on this- XRX goes bankrupt, pensions go to The guarantee fund, but with what’s happening now there could be a run on that. Getting out now seems safer... — read more
Can Xerox survive this virus attack?
Closing price today (3/18) $15.98 is equivalent to under $4 if you consider the 4 for 1 share combination done 2 years back. This level is below Xerox share price in 2001 when it went into Ch. 11 bankruptcy protection! Wow, John V is in deep... — read more
Decision to offshore our work is now going to bite Xerox in the ass
So Xerox, where is your disaster recovery plan? Work sent to Guatemala, the country is basically shut down, they are working from home if they have a laptop and get this, they use modems as no internet at their homes Work sent to Manilla, the... — read more
Contractors were let go in San Antonio
Contractors were let go in San Antonio here at Dahill, a subsidiary or part of Xerox
Downward Spiral
Wait until the revenue number hits for Q1. Xerox stock will be under $14 soon. Smart move disrupting the biggest core in XBS. It’s a disaster now. Just when we thought it couldn’t get any worse...now it’s officially over. Better get a great... — read more
Essential employees
Overhead the ops manager telling the parts dept that they’re essential employees and must be here no matter what.. do you guys think we’re considered “essential”?
Anyone work in Cary?
Anyone here part of the transfer or new hire at the Cary location? I am exploring that option and need some insight. how has your experience been? Is that location driving the new company strategy- any insight would help.
School Closings: Impact on Revenue and Business
At our core, much of our business comes from schools. How will school closings Impact revenue and employment?
Commissions being held? Options exist
I currently have an offer from two competitors willing to give me a signing bonus to make up for this nonsense. Taking offer from #onica, they are willing to hire and pay for top talent that is tired of being given the run around.
Coronavirus-19 global crisis
Full disclosure: This has nothing to do with lay-offs. As this health crisis explodes I’m posting as a parent of an asthmatic child. We’re covered for personal medications till June for known contagions. We have no clue how this “NEW” virus will... — read more
Working from home, if possible, now JV approved - Covid19
We got the email this morning about the ability to work from home, if possible. Specifically, "Given the new pandemic level and increasing concern about the speed of the virus’ spread, we recommend that until March 27 you work from home if you... — read more
Millennial leadership.
The mindless and self centered millennial leadership that has been so wisely put in charged around here are doing nothing to avoid contracting the corona virus. They go to concerts, hang out in bars all night and attend large parties. Then the next... — read more
Time to go
Competitor offered to pay me my “held” commissions and bonus as a signing bonus. Test the open market people.
Will Coronavirus claims Xerox as a victim ?
Often cited as the butterfly’s effect, A microscopic virus mayl go down in history as the straw that broke the camels back. Is it better to use a personal printer, or use a workgroup printer groped by everyone in the office? How many major... — read more
Xerox stay away from HP it will cost you........Remember FUJI fiasco
HP Inc to Xerox: If you complete a hostile takeover, and try firing our chief exec, you will pay... a bigger severance package to Lores, that is By Robbie Harb 11th March 2020 22:26 GMT 1 SHARE ▼ HP Inc's chief exec will be paid 50 per cent... — read more
Carl Icahn’s net worth and shortened back story
https://finance.yahoo.com/news/carl-icahns-net-worth-210731447.html
We must stop losing OUR American jobs
Please read, watch and share, seems like this is making the news a lot lately and it's time our country knows this is... — read more
Remote Work
With the Corona-Virus has there been any talks amongst the cores about working remotely?
Xerox stock falling like a rock with the rest of the DOW
The rate that the stock market slump is going and taking almost all stocks down with it, how is Icahn going to afford to buy HP? Remember that Xerox stocks were part of the deal. Looks like the stock market will determine Icahn's fate.
Death of call center coming to a theatre near you..
With the NEW Xerox Support Engage launch finally bringing Xerox service to current times, call centers will be replaced soon by Intelligent Digital Agents. I.A. will triage your service call, provide support with faster response time then your local... — read more
With the impending Global recession looming...how will Xerox fare in the downturn??
(Hint: the answer is, not very well)
Virus and Xerox impact
So close Johnny but with the virus and Uncle Carl stock drop in OXY he is going to lose focus on the Hp deal. How is that xrx stock doing now. Wow. Uncle Carl could have sold at 39 and been done You will actually have to operate the... — read more
IT questions
1) Cary, NC was supposed to be 0 virtual but now ads are up suggesting otherwise. Change in the rules? 2) BLDG 300 data centers still churning along, and we are almost to Q2. Another change in strategy that no one communicated? 3) Naresh and... — read more
aGREED
https://www.thestreet.com/video/jim-cramer-on-hp-turning-down-xeroxs-takeover-bid
interesting video
https://www.thestreet.com/video/jim-cramer-on-hp-turning-down-xeroxs-takeover-bid someone outside xerox makes his point heard!
HP CEO Enrique Lores discusses the three factors behind the rejection of Xerox’s latest takeover offer
Not exactly layoff specific, but quite interesting from the HP Inc. viewpoint. It was posted on March 5. https://www.bloomberg.com/news/articles/2020-03-05/hp-rejects-xerox-s-hostile-takeover-offer-calling-bid-too-low at the 30sec mark... — read more
Tucker Carlson Investigates AT&T for Rebadging FTE's
Anyone else see this on Fox News? Wonder what Tucker Carlson would make of Ican and JV's rebadging and asking their American employees to train their replacement?... — read more
A word to those rebadged who are still working.
I was "released" on February 10th from HCL. I was paid for my final days on February 15, a bit early because I was hourly and usually paid on the 26th. I was paid on the 27th, unsure if it was bonus or severance. After many emails it turns out... — read more
XBS cores with employees that report to Xerox
Question for the XBS cores that have employees that now are “Xerox” employees. We have some people at our core who now report up through Xerox. They tend to be managers and above. They get their own laptop from Xerox, too. Anyone know what this means... — read more
HP Rejects Unsolicited Exchange Offer from Xerox
When are Icahn and his cl*wn John V going to stop? https://press.ext.hp.com/us/en/press-releases/2020/hp-rejects-unsolicited-exchange-offer-from-xerox.html
Canon to cut ties with HP if Xerox takes over
https://asia.nikkei.com/Business/Business-deals/Canon-to-cut-ties-with-HP-if-Xerox-takes-over Who will be the parts supplier after Fuji exits also?
HP Campaign
"Xerox said it burned through roughly $83,000 in cash every day it pursued a takeover of HP Inc., according to a U.S. Securities and Exchange Commission filing Friday... — read more
Southeast
So Southeast happened almost 10 months ago now. We’ve lost everything from our president, controller, service vp, HR, along with many other crucial people. It’s a ghost town. We work on a skeleton crew all the time. Most were forced out and some... — read more
Q&A Thread for Coronavirus / Xerox
Any opinions? Discuss it here?
XBS Northeast is official
Announced today. Pres from image tech is taking over by default. Company names dissolving and rebranded to XBS Northeast effective immediately.
Math Quiz
Question: If a company’s annual revenue equal 9.02Billion, and it suffers revenue declines averaging 5% per year...how many years until it hits zero ??
Any rumored layoffs in March?
Since the end of Q1 is approaching just wondering if anyone has heard of layoffs that are coming.