We are seeing the demise of Xerox ethics. Not internal ethics. Executive and Board leadership ethics. The Executive leadership remains accountable to the stockholders even if that means they receive false internal information reporting. They have... — read more
Does your manager su-k?
Some indicators: unwilling to take your improvement concepts upchain, intentional attempts to misrepresent reality to upper management. I’m gone from Xerox, but my manager exhibited these traits and some worse ones. What is your experience?
CEO has ki-led this company
…….and for that reason Steve, 👉🏻 YOU’RE FIRED
We are entering an endless rolling layoffs phase
Starting today, by all accounts. Basically, anyone can be affected anytime, anywhere, for months to come. It's going to be insanely stressful. I intend to channel my extra energy into a deep job search. Nothing else comes to mind that would help me... — read more
Is SB’s middle name Nero
Astounding the Board has let a CEO literally burn a company, revenue and profit, people and stock price, Then print some Warrants to add to the fire.
Pay cuts
some will be asked to take pay cuts to reduce debt!
Xerox Lexington Building
Are they really closing it down or is that just a rumor?
Vendors?...
Does anyone know if any vendors or contractors will be effected?
$1.90
I thought there wasn’t a correlation between layoffs and stock.
Anybody affected so far?
Complete silence on my end so far, but I know it's coming. I'm just trying to figure out if it started yet anywhere.
$1.99
Another. New. Low. https://m.youtube.com/watch?v=EfkNvOOiZ_8
SB Email just come through
And so it begins, if your manager has gone quiet you know why
Severance?
Are they going to give a standard severance if you are laid off?
Hands Up
Hands up if you have an unexpected meeting schedule for tomorrow morning….. 🙋🏽
You should always be looking
There are two types of people at Xerox: (1) those coasting to retirement who are likely 55 and older who don't need another job, and (2) those with a career ahead of them. If you are in group (1) then congrats on your upcoming retirement, it's... — read more
$2.02
Another. New. Low.
When are managers notified if they have an employee to lay off?
Assuming D-day is tomorrow, would managers have been notified by now?
Legal Change
Is there any other country that had their legal name changed in since January 1st? I think X is positioning their ponds under different entities to declare bankruptcy under our current operating legal name and then operate there book of business... — read more
Lexmark folks, six months in………
… is Xerox the saviour you thought it would be ? Or a real ‘frying pan into the fire’ journey for you all ?
XRX options trading delisted, February 9
Anyone know the reasons for, or implications of, this? https://www.gurufocus.com/news/8598226/xrx-options-to-be-delisted-effective-february-9
Bracing for a bloodbath
The rumors about major cuts this month feel more substantial than the usual gossip. I'm getting genuinely concerned that we're walking into a disaster in the coming weeks.
CMO is missing
How come the new CMO doesn’t have his Bio on the Leadership Team page on the website - all the previous ones have.
What’s going on with supply backorders?
Is it just Xerox being cheap…. We’re not in a COVID situation so what’s the excuse?
The word salads are coming to an end!
I am reliably informed that Stevie is next in line to be laid off, he’s off to HP to accelerate their downfall. When 2 dumpster fires collide.
Town hall comments here!
Let's talk about how "we are in the best position this company has ever been in"
Something feels already decided
Serious question: does anyone else feel like we’re past the ‘planning’ phase and already in the ‘waiting for the shoe to drop’ phase? Big leadership announcements, but no full org charts below first line, no clear direction, and oddly few real... — read more
Just got laid off
Buh bye. Who's next?
hcl software EOL
March 1st it's all over red rover. JAVA UI FTW!!!
Corporate HQ closing in CT
Is this true that corp hq is closing in CT? Maybe moving to another building?
One of the most concise analysis of Xerox
https://seekingalpha.com/article/4861789-xerox-running-out-of-ink-strong-sell
Dealer Service
They shifted field service in several upper Midwest states to dealers last year. I'm hearing that they are about to do this same thing in a number of additional states. Does anybody know anything for sure?
Time for a little dose of encouragement :)
I've over doubled my net worth in the past year while working at Xerox. I'm not here to boast. I'm simply here to say that, despite job instability, you can set goals, improve your life, and grow your finances. My salary is modest. Attitude +... — read more
Acquired revenue is not growth
How on earth does Bandy have the cahoonahs to classify the Lexmark revenue as ‘growth’ when reporting the results - is there not something in the SEC rules that stops this. In Xerox they have classifications for two types of revenue : N&A ( New &... — read more
$2.03
Another. Another. New. Low. https://m.youtube.com/watch?v=It-IuKPJk0c
Revenue growth???
The world has gone simple. Most reporting I have seen today is bought in to the revenue growth narrative. Q4 25 LEX in, Q4 24 LEX out. That is not growth. XRX stand alone has a 9% revenue decline. Would love to see the LEX YOY amounts. We live in a... — read more
$2.06
Another. New. Low. https://m.youtube.com/watch?v=WQBc8yxjdSs
Warrants - am I following along here?
Aside from the cash for shares at $8, which only a lunatic would exercise, I would like to test my understanding of the debt instrument exchange. Am I correct that bondholders can essentially "self-call" their bond, benefiting Xerox by having the... — read more