Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

XRX is overvalued, book value $1

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 

by
| 1010 views | | 4 replies (last February 29, 2020)
Post ID: @OP+13FtrrKX

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.

by
| 1302 views | | 3 replies (last February 22, 2020)
Post ID: @OP+13DSC20M

?

Has anyone who has been laid off by HCL been hired back their core?

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 

by
| 1400 views | | 5 replies (last February 20, 2020)
Post ID: @OP+13An71dC

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.

by
| 806 views | | 1 reply (February 17, 2020)
Post ID: @OP+13ybM5Zn

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 

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 

by
| 1520 views | | 9 replies (last February 15, 2020)
Post ID: @OP+13v92jKX

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.

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?

by
| 1050 views | | 3 replies (last February 15, 2020)
Post ID: @OP+13u7QYsS

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 

by
| 1130 views | | 4 replies (last February 12, 2020)
Post ID: @OP+13t4q7xV

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 

by
| 1280 views | | 4 replies (last February 12, 2020)
Post ID: @OP+13t7RTaW

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 

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 

by
| 1340 views | | 4 replies (last February 10, 2020)
Post ID: @OP+13r6WAOP

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 

by
| 1120 views | | 2 replies (last February 10, 2020)
Post ID: @OP+13pC9Fl7

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.

by
| 1910 views | | 4 replies (last February 10, 2020)
Post ID: @OP+13pPZf3y

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?

by
| 1400 views | | 6 replies (last February 11, 2020)
Post ID: @OP+13oWkM8O

Start a new thread - post a news comment, question or message:

: