I know some groups weren’t hit in the last round of layoffs and we are still fat with duplicate roles due to Xerox/Lexmark teams being merged. And the company isnt doing well. So I suspect more layoffs are coming. Seen a few people say May 30. How... — read more
When will SB go?
Downgrading again of credit rating. Poor results. Low employee morale. Late implementation of integration activities (all sales were supposed to be on new CRM by April now it is only the US). Moving people to low-cost location but they can’t or won’t... — read more
Moody's cut Xerox's credit ratings
The ratings agency on Friday downgraded Xerox's corporate family rating one level to Caa2 from B2. Moody's also assigned a Caa3 rating to Xerox's step up backed senior unsecured notes due in 2030. The ratings outlook was changed to negative from... — read more
Frat BOY culture
Is it just me or is everyone in or that they promote to leadership roles resemble the dudes in college who would do keg stands? A totally weird chest thumping group of dudes. Many who seem to be clinging to the good all days when they were athletes... — read more
US government should cancel
I think it’s time for the fed to stop doing business with XRX hopefully putting SB, the EC, and the company out of their respective misery. We have sent so many jobs offshore that there should be a penalty.
CMO in Melbourne - coincidence the F1 were there
the CMO has just put his story in L’In about special alignment sessions in AUSTRALIA - given the travel restrictions, how come he is there and what a coincidence the F1 was there.
Chapter 11
Reminder Chapter 11 is not an automatic liquidation of the business. It's not the end of the world, is it a bad situation to be in YES but it's not shut everything down and everyone just goes home. Will the company that come out of Chapter 11 be... — read more
Lexmark Lean Six Sigma!
Does Lexmark have more Lean Six Sigma belts than legacy xerox? Less? Does 3 Greens still = 1 yellow?
ATTENTION ACTIVE SALES POLL
If you are an active sales rep…. Type # 1 if leaving after 4/1 Type # 2 if staying after 4/1
April 1 - 20-40 Accounts , Hunting , More Layoffs
Effective 4/1 , every reps account assignments will be slimmed down to 20-40 accounts in total. The remainder will be moved to inside sales. Expect more layoffs, compensation will be moved to net new client acquisition (make the same but you have to... — read more
Embarrassing
This whole place is embarrassing to be part of. Top to bottom.
Spend, spend, spend
We have no cash and no money and yet we are spending money on travel and accommodation like we are high rollers even though the tools to collaborate are good. Service Delivery leaders and the Reaper do a WW tour every month (why?) Our CMO recently... — read more
We've reached the breaking point
We've been losing so many people for so long, especially the talented ones. If leadership came up with the perfect plan right now, we couldn't implement it. We're past the threshold. We've lost the capacity and the institutional knowledge to pull it... — read more
Stock is way up today!
Think it might turn around? I know it won't be quick, but maybe?
New Roles, Less Customers Base, No Salary increase
Working on a large deal? Oh well, come 4/1 that opportunity is gone. Have a large customer base to flip and keep steady commissions in place? Not anymore and no salary increase or draw to compensate during the transition… Tell me RB wants reps to... — read more
Bonuses?
anyone else’s Lexmark counterparts receive bonuses? when us Xerox folks found out morale dropped a lot… we didn’t get bonuses, just the Lexmark folks.
Red lines
I can live with LEX “taking over”. I can live with implementing improved processes from LEX and I can just about stomach the constant LEX narrative of “Xerox are sh** but everything we do is world-class” BUT what I can’t live with is the lack of... — read more
GLobal Imaging Solutions
Sure would like to know why xerox spent millions to buy GIS(a growing/profitable Co.) Only to gut it and turn it into an expense . Seems like a total waste/bad business decision... No wonder stock is hovering $1.70 Lexmark next?
Don't stop searching
Just because cuts stopped for a bit doesn't mean they won't start again. Keep looking now while you have leverage. Future you will thank you.
HCl America
Are there any current HCL employees at Xerox?
Will Q1 save the day
I’m hearing Q1 is not good
Non-Timely 10K
So the brain trust didn't hand in their homework and asked for an extension to file their year end numbers. I'm sure the numbers are great, and they didn;t lie through their teeth on the earnings call.
Employee feedback
Rumour is they are going to do an employee feedback survey. Is the current thoughts and views and morale and feelings and challenges and of the vast number of employees not very obvious? Another crazy idea from crazy KK lady.
U.S. severance???
Can anyone who's been let go recently ACTUALLY CONFIRM the severance package given and your job designation? A3 A4 D2 D4 ETC? I'm not asking what you think, what you've heard or what the documents in SharePoint say, is there someone with a real... — read more
Work harder make less
Work harder, no merit, no bonuses. Not to worry though, Chief Clown Steve and the band of merry pirates continue to raid the cupboards for any and all $$ they can pull out
Correct meter reporting
Just got the email to "ensure proper meter reporting" so we can squeeze every cent due to xerox. We are past the point of picking up pennies on the ground and they can't afford to IRFF anyone else (maybe?? Or not). Very sad.....
$1.72
New low-oh-oh-oh oh-oh (NKOTB jingle). Wow, we're really sinking, gang. How long do y'all think we will circle the drain until we're under a buck? Will the savings from the layoffs keep our heads above water in Q2? I'm in the weeds trying to keep up... — read more
The culture is dead
It's over for this place.
Chicago Fire partners with Dumpster Fire for tech partnership
https://www.chicagofirefc.com/news/chicago-fire-fc-and-xerox-it-solutions-announce-new-technology-partnership "Xerox IT Solutions will serve as a presenting partner of Chicago Fire FC’s “Man of the Match” campaign, awarded to a player following each... — read more
Have Xerox advised Aston Martin F1
It is incredible that as soon as Xerox sponsor the Aston Martin F1 Team their performance goes backwards. Despite having Adrian Newey join the team, the car is at the back of the grid ahead of the 2026 season. No doubt the CMO will be smiling and... — read more
Legacy Xerox Employees tossed the Global Imaging Playbook in the trash.. so why not Lexmark’s?
Legacy Xerox Employees like to turn you in / setup red tape as much as possible.. almost purposely trying to add on multiple layers so that absolutely nothing gets done…. Things went out the door when the company they purchased to be the true... — read more
Let’s get the truth straight here
Lexmark was purchased by Xerox. Yes Lexmark is owned by Xerox. BUT... Lexmark the company has not yet been disolved. SO.... Lexmark employees are still getting pay checks from the Company Lexmark. But lets be honest. Legacy Xerox no longer exists... — read more
Let’s get one thing straight here
There are no LEXMARK employees any longer, you got bought by XEROX and are therefore all XEROX EMPLOYEES now. There, has that now sunk in.
Bad Divorce not a buy out
As a legacy Lexmark employee the last few months feel like my parents got a divorce and we were left with the dysfunctional family; whom parents lie to themselves, go on spending sprees and are barely able to pay the rent at the end of the month.
After Chapter 11 - How close is the future?
Whom is going to pickup Xerox when it goes up on the block? Will Xerox split of ITSavy before the print and copier business goes up for sale? And how many months do we all think before we start these steps?
The comparison…
… between the weekend of Bandy 🤡, CB chuck, our CMO, our sales-operations-but-don’t-know-anything-head and the other EC members. Counting their money. Putting the future of the company and any thought about employees at the back of their mind. Making... — read more
Hard to recognize this place anymore
The culture here has shifted so much. There's this constant political game now, with people deflecting blame just to stay safe. They brought in outside hires who brought their own drama with them. Some folks have been here forever but are in roles... — read more