Financial Results • $173 million of operating cash flow from continuing operations, DOWN $49 million year-over-year, and $150 million of free cash flow, DOWN $57 million year-over-year • Adjusted operating margin of 4.7 percent, down 630... — read more 

Rebadged employees were just got told that our 40 hour work week will be reduced by 30% to 28 hours a week for 90 days. Because xerox is cutting HCL funding.

Was there a Virtual town hall today? If yes, what were the big topics?

https://13wham.com/news/local/xerox-announces-job-cuts-in-webster-other-us-locations ebster, N.Y. (WHAM) — Xerox confirms the company is cutting jobs at locations across the U.S. and Canada. That includes employees at its Webster campus. In a... — read more 

Xerox is cutting HCL's budget. So HCL is doing furloughs 50% of the weeks in May and June. It's official.

There is much talk that we have lost new product development from FX going forward. I also recall reading a press release that said we can continue to get this from FX, even after the agreement expires. Can anyone explain this with a reference?... — read more 

https://apple.news/ABbx5y89PThuN7h7dSMRslA

https://apple.news/AZUdvaJfnQQSqIgQanvvGDw

What happened to that systematic text message that was supposed to go out Monday? The only thing sales got was their car allowance cut away. What's next?

Think about it, how long can we continue with the situation being what it is? Everybody is looking to save money, including our customers. Just because we are still working doesn't mean that the company is not losing money, drastically. I think it's... — read more 

All HCL rebadged employees who are actively employed—-fight for what’s owed to you. An amendment to your offer letter was sent in April 2019 stating a dollar amount would be due to you for a KPP bonus. This is NOT the stay bonus. Let your voices be... — read more 

How is it going with sales and earnings. The consolidation of service to outsourcing jobs to third world countries now shut down. How much has the senior leadership team be paid for making two decisions. Global and Fuji. Cit put a sell... — read more 

Anyone receive info on their payout of the rest of HCL bonus since we have surpassed the 1 year mark?

Or was everybody who was let go in the last month or so furloughed?

It's Friday post 5pm, no layoffs. Can the fake people get off this.site, just bitter people. Let me ask you a question, is this your.life now checking this site? If.I tell you, "source" are.you going to.start gossip? Everyday is "Will.I.have a... — read more 

Have heard of same issue at a couple of other companies but they utilized Avaya.

and is on a respirator...so glad I left last year :)

One benefit of being a shareholder is your vote. I encourage people to consider the currently published proxy materials stating: Our Board unanimously recommends that you vote “FOR” all nominees for director, “FOR” ratification of the appointment... — read more 

During this COVID time, if you are a Direct Xerox Employee you will have a furlough not laid off. Why? For Xerox to save restructuring charges or severance cash. Allows Xerox to tap into various Locale specific Gov’t programs($$) to save our cash... — read more 

To legitimize layoffs you need at least reorgs and that's the email we all got this morning. Not surprising, but hey, is anyone going to be surprised by any bad news regarding xerox these days? The writing on the wall isn't there anymore: the wall... — read more 

Conduent stock price is $2.37 down from a 52 week high of over $14.00

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 in LA coming by the weeks end

https://rbj.net/2020/04/07/xerox-to-produce-ventilators-in-webster/

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 

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 

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 

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 

And why did Xerox do this.

Any news on layoffs? Anywhere in America. Conduent or direct or global?

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

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.

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.

Does anybody know if there are plans for lay offs in the Toronto Admin office, due to the pandemic?

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 

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