Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

Lay-off severance reported to SEC

“During the six months ended June 30, 2019, we recorded net restructuring and asset impairment charges of $72, which included $25 of severance costs related to headcount reductions of approximately 300 employees worldwide, ...” Interesting that... — read more 

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| 1850 views | | 7 replies (last September 20, 2019)
Post ID: @OP+117QrXVV

Everybody is tired of this

People are checked out and apathetic. And I don’t blame them. Leadership continues to ignore and point fingers as if the rebadged employees are the problem. Xerox is the problem, not your once dedicated and loyal employees! I am amazed at how quickly... — read more 

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| 1324 views | | 2 replies (last September 19, 2019)
Post ID: @OP+116O9V7R

My tank is just about empty

I was (notice how I use was and not am) a very loyal long time employee of my core, I thought I would retire from here, once I was badged over that loyalty started to diminish and is now totally gone, I honestly believe the powers that be at Xerox... — read more 

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| 2510 views | | 7 replies (last September 22, 2019)
Post ID: @OP+1154hudB

Is this even legal?

The management team awarded themselves a ton of shares when the market tanked and the stock price dropped to $19. Now that the market has rebounded, they all made millions just because of the stock market fluctuations, nothing to do with real... — read more 

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| 1880 views | | 6 replies (last September 16, 2019)
Post ID: @OP+113lpfF9

Desperate and dangerous

I worked for Xerox for 26+ years in the US and UK, now I work for a proper company, who are a multibillion dollar distributor and services company - IT with some print. Our CEO sends out a weekly update, how long since Xerox did that? Never is the... — read more 

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| 1345 views | | 2 replies (last September 26, 2019)
Post ID: @OP+111SYKyN

The Good Old Days

If you study the history of Xerox, you will find a list of pocket stuffing CEOs, where many barely avoided jail time, a history of nepotism, especially in engineering, widespread abuse of women, sea saw layoffs and rehiring of valuable employees... — read more 

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| 1830 views | | 3 replies (last September 13, 2019)
Post ID: @OP+110s5fAG

Sadly lost sight of customers

Bashing Xerox is easy and I have done so, however watching some older Ramseys kitchen nightmares USA it reminds me of quite obvious principles, such as pleasing the customer pleases the bottom line, that has been lost in Xerox today. Clearly Xerox... — read more 

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| 1740 views | | 8 replies (last September 16, 2019)
Post ID: @OP+10Yrntee

Webster Campus For Sale

Entire Webster campus to be sold and then leased. Let's think back to the now empty Xerox Square tower in downtown Rochester. Watch out for that iceberg!

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| 3520 views | | 14 replies (last September 16, 2019)
Post ID: @OP+10YNr24L

HCL F**k Ups

I know of so many things at my core that happened that are just sad and ways employees should not be treated. Between PTO being messed up, going for weeks sometimes months without questions answered regarding benefits and policies, employees who have... — read more 

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| 2030 views | | 8 replies (last September 16, 2019)
Post ID: @OP+10YAnfVW

Xerox Webster Supply Chain

If any of you are impacted by additional layoffs, Amazon Webster is looking for logistics management.

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| 1510 views | | 5 replies (last September 10, 2019)
Post ID: @OP+10XAXUsp

Fuji merger

The position and state the company is in right now can no way he better than what would of happened if Xerox merged with Fuji. Opinions or insight to give me better understanding? I just can't grasp how hard of a nose dive this route is going.

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| 2150 views | | 6 replies (last September 10, 2019)
Post ID: @OP+10VBtPHJ

60 day notices going out soon!!!

Word on the street is that many badged over HCL employees who are in wave zero and wave 1 of the cores will get 60 day notices late September as the clueless ones at Xerox overseeing the transitions (because once again HCL passing the buck so xerox... — read more 

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| 3620 views | | 11 replies (last September 10, 2019)
Post ID: @OP+10U62WOL

How much do you have on the left drawer?

I love when JV tells BO (this happened more than once in my presence) that they should have something 'in the left drawer' to cover operating shortfalls in the business. In other words, hide the EPS shortfalls to Wall Street with accounting... — read more 

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| 1640 views | | 5 replies (last September 11, 2019)
Post ID: @OP+10UFBhTW

Xerox outsourcing to HCL

Xerox is truly screwed when HCL replaces rebadged Xerox employees with HCL people. I hope HCL will do a better job for Xerox than they have for Boeing. Kind of scary that Boeing (HCL) cannot provide the technical details of the software... — read more 

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| 1910 views | | 9 replies (last September 9, 2019)
Post ID: @OP+10U7vs2d

Watch out for retention carrots

As many functions will be transitioned to younger and less paid workers in Raleigh/Cary, be ready for the “here is some money to stay” ruse. That will indicate you are soon to be let go, after training your younger and/or less paid replacement. Best... — read more 

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| 1510 views | | 5 replies (last September 13, 2019)
Post ID: @OP+10TdXc1i

Why stay?

For the past several months, our numbers at our core has decreased to a point where we are barely able to get by. Some people, like myself, have taken over related functions from other cores we have merged with. So one person may be doing the job of... — read more 

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| 1090 views | | 3 replies (last September 5, 2019)
Post ID: @OP+10StfnDe

Long-term career at Xerox

Is there anybody left who still believes that's a possibility? From what I can see, most people are here short-term, both new hires and older employees. Seems to me like more and more people are starting to accept the fact that Xerox is a sinking... — read more 

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| 1740 views | | 7 replies (last September 6, 2019)
Post ID: @OP+10P9P9IA

The destruction of Global Imaging and lots of dealers

How did we get to this point Mikey F no vision of what a dealer is about No idea on existing profit margins The thought pattern that more xerox distribution would grow revenues John V not a very nice person short term plan to sell company... — read more 

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| 1510 views | | 6 replies (last September 2, 2019)
Post ID: @OP+10OUmT20

INTERVENTION

After 7 years in one of GIS's best cores in the MW, I left the company a few months back when I saw how horribly they were treating hard working employees. Lies by HCL, lies by Xerox, lies by our core's so-called 'leadership team' made me... — read more 

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| 1840 views | | 6 replies (last September 5, 2019)
Post ID: @OP+10OUoIgn

CEO Club?

Heard there was a new email about the CEO club sent out today. What did it say?

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| 2340 views | | 7 replies (last September 3, 2019)
Post ID: @OP+10NRLjUY

There is no place for us in the future

We are an outdated company with outdated products and outdated way of thinking that focuses on layoffs to improve the bottom line instead of innovating and trying to figure out how to evolve with the times. How anybody can think that Xerox has a... — read more 

Look for a new job or wait it out until my pension?

Does anyone have the same dilemma? I’m a long time employee who always thought that I would reach my pension at Xerox. I have a little less than five years until I retire. If the state of the company was any better I would wait it out,but how things... — read more 

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