XRX book value was in the $3 range before the Mulcahy turnaround. That was SO long ago it seems, and sold quite close to that before “popping” back based on actual technical fundamentals. However that was before 2 activities that affect BVPS (book... — read more
Just Reported - Herve Tessler to Retire
Another Xerox guy is on his way out. Herve Tessler, President of EMEA and the one in charge as EMEA had a poor performance in 2019 has now been shown the door under the guise of retirement. After Mike F's demotion and now this, there are few Xerox... — read more
Lawsuits against HP begin
Most likely response to HP again rejecting Xerox offer and trying to play defensive with poison pill. Same happened at Xerox with the Xerox defensive of Fuji merger. Game of chess amongst the big players.
Icahn suggests HP buy XRX now...the end is near!
https://finance.yahoo.com/news/icahn-suggested-hp-buy-xerox-003035218.html
?
Has anyone who has been laid off by HCL been hired back their core?
What's a 'poison pill' in a business context?
I hear HP is adopting a poison pill. What's a 'poison pill' in a business context?
HP says No Thanks Xerox
https://finance.yahoo.com/news/hp-adopts-poison-pill-xeroxs-221444936.html
canadian support is disapearing
Apparently people are let go and being replace by folks in Guatemala.
HCL Performace Reviews
With the 1 year mark approaching of when the rebadging happened I am wondering for those who are going to be staying on with HCL have you heard anything on performance reviews and raises? In our original HR meeting when we were rebadged they said... — read more
Saint John Call Centre in Canada
Any news about 2nd level technical support? Is it BAU? What about other departments?
The market has caught on to Xerox cooking the books
Keep an eye on the results and media releases over the next few weeks. This will unfold quickly. Be aware
Leveling
Anybody understand the purpose of “leveling” that changes the job code of an employee with fewer than 8 direct reports from “manager” to “individual contributor”?
4 business days.
What will you do in the next 4 business days? Wait for the next HP rejection? Explore opportunities? Feel sorry for yourself? Update your resume? Try to help “your company”?
I hear, I think, rumor has it -
Colleagues- I am begging you to please refrain from saying - “I hear that ....”. Really? You heard that! From who? The rep that hasn’t hit quota in 10 months? From the admin team member who p–poos everything that is new and different, or from... — read more
Buy HPQ now!
Once the HPQ report is out and the street sees where XRX is (no life raft), HPQ will get a bump. The rumored buybacks will lift it as well.
You CAN teach an old dog new tricks: My story of going from a global tech firm to a SME
https://www.tulmar.com/2020/01/31/you-can-teach-an-old-dog-new-tricks-my-story-of-going-from-a-global-tech-firm-to-a-sme/ Does this sound familiar ??
HP will NOT join Xerox
This is the end of Xerox. HP will announce their intention to do a stock repurchase on Monday the 24th to stop Xerox from pursuing them. Result, Xerox is left without option #2 and collapses from drastic cost cutting and outsourcing of key employees... — read more
Successes of over 50 ex-Xeroid job seekers
I see a lot of people who are afraid to leave because of their age. I also know a lot of older job seekers who are very happy with their post-Xerox positions. If you have a success story please share it so that others know there’s hope for a life... — read more
MBM received their HCL 60 day
Today, amane people at MBM have received their 60 day HCL notice.
Icahn wants to create a company with monstrous debt
From The Motley Fool (February 13) Xerox claims that the combined company would generate "at least" $2 billion in synergies within the first 24 months and that merging the two printing businesses would create a more formidable player via economies... — read more
For those who are choosing to say: why?
I have my own odd reasons for staying even though the ship is sinking. What are your reasons for staying with Xerox... even if it’s only for a short while.
History repeats itself sad for Xerox employees
https://www.google.com/amp/s/www.businessinsider.com/marc-andreessen-carl-icahn-k–led-an-entire-airline-2014-3%3famp
Any more cuts expected in February?
Or are we done until March, at least?
60 Day Notices
I heard more cores received 60 day notices this week. Does anyone know which cores and we’re all their departments affected?
Check your W2s
I don't know what's going on with the payroll department but they have no idea what they are doing anymore! I've heard a lot of people are waiting for their W2s still or that they were informed their W2 was wrong and to wait for another one. I've had... — read more
Short XRX
Irregular accounting practices, misleading receivables, hidden churn rate. Zero investment in strategic initiatives. Telling the street that EPS vs PE is sustainable and to ignore fundamentals. Only a fool would be long XRX, and Motley isn’t. Wake up... — read more
Where are our W-2's and severance as promised HCL?
How does a company like HCL still in business? I have yet to receive my W-2 and been waiting for months for my severance. All lies!
Things getting weird for Xerox Dealers
We're a dealer and things are getting really weird. They can't even get us parts anymore for some machines we have customers under a Xerox service agreement for. Xerox actually replaced an entire $4k machine last month because they couldn't get the... — read more
HP takeover - the new bid is $34 billion ($24 per share)
Xerox announced on Monday that it would launch another bid to buy out HP, this time boosting its offer price to $24 per share—or around $34 billion in total. ... In its announcement on Monday, Xerox said that it had met, “in some cases... — read more
Bad times at RK Dixon
We just lost our IT Manager. This will directly affect the work we do with customers and we will start losing money. I expect more people will leave in the coming days and weeks and pretty soon RK Dixon won’t have managed services. Who will be next... — read more
Xerox Net Revenues over Time
If anyone still thinks there is any future for them working at Xerox, just google their historical revenue numbers. This is a snapshot of last few years - the picture is even darker if you go back further: Xerox revenue for the twelve months... — read more
Big Changes in US
The reporting structure just changed in the US big time and I’m hearing Sales people are being pushed out where possible. It’s getting odd.
Xerox to provide IT services
On Facebook, I saw that Xerox is now providing IT services to small companies. How does that work, Xerox' IT services have been mostly outsourced to WIPRO, etc. Am I missing something?
posts are slowing down?
they must have fired whoever was posting to this message board......
Where are auditors and employees who are willing to tell the truth?
Looking back a decade, we had XRX pressuring auditors to not report sketchy accounting schemes: https://www.bloomberg.com/news/articles/2003-02-10/kpmg-bitten-by-the-watchdog Then, leadership were angelic relative to the current “iconic” crew. Yet... — read more