Forgive me if everybody knows this, but I really don’t know and would like to have this info. I would like if HCL folks posted, that is, if there are any on this site.
Moderated site
So I just noticed some posts have been removed. So much for freedom of speech...
xrx performance
Stock is roughly where it was 5 years ago. Somethings never change (except CEO compensation). Good for day traders not good for the long term investors.
Some Layoffs in Webster today
I have no idea how many in total. It may be widespread; it may not be. I just heard from two people I know (both XIM) who got laid off this morning.
May 29th webcast key takeaways?
Can someone please summarize the key messages from the webcast? Did Johnny Vas---ne sing and dance?
Xeroid
Define Xeroid
Xerox Pension Plan
When did Xerox Pension Plan get discontinued? Also, can someone explain how it work? Thanks, ZXR
Current Xeroid said I was lucky to be rebadged and asked if HCL was hiring so they could get out of Xerox.
Better benefits and 401k and able to roll pension away from Xerox into a IRA before they file for bankruptcy putting the pension fund into jeopardy. Said they heard something from someone in finance.
This offshoring thing is working out real swell.
Getting info from my Xerox Benefits site.... All agents are currently assisting others. Your estimated wait time is 1 minutes and 0 seconds. Thank you for your patience. Info at 10:58, May 30: All agents are currently assisting others. Your estimated... — read more
Raleigh jobs being posted
Looks like it's underway. At least 3 jobs (XDX) posted yesterday. None are posted internally. Guess that is a message.
What happens AFTER Xerox (or your division of Xerox) is sold
Taking a longer view than many earlier posts, what happens after your division is sold? Or what happens if the stock does hit 40 and the whole thing is sold? Reading the future is hard to do but I just see more layoffs. Buyers will be looking for... — read more
Who runs this site?
Does anyone know who runs this thing?
say-on-pay vote
The proxy statement contained a required say-on-pay vote that FAILED! "Approval, on an advisory basis, of the 2018 compensation of Registrant’s Named Executive Officers, as disclosed in Registrant’s 2019 Proxy Statement. The 2018 compensation of... — read more
Medical coverage
Can't see if this was asked and answered: what is the best medical coverage option for people who've been laid off until they can find a new job?
What are the grade levels at Xerox for compensation?
Please share.
Someone leaked the HCK deck
It's been up for a month now and 1000+ views on imgr... Amazing... https://imgur.com/a/w3iEmDQ
New employees being brought in
And we are told to train them. This seems a bit like I'm training my own replacement right now, but I'm not sure what to do about it. If I refuse, I'm fired. If I teach them how to do my job, I'm gone next round. Either way, I'm screwed. Are other... — read more
Laid off and happy
I was laid off and was upset at the time. However, I was able to get a job with my dream company. I know you hear people saying this, how much happier they are since they got laid off or left the company. For those that are still there, don't worry... — read more
Becoming a Holding company: a road to the breakup of Xerox?
Was hoping to get some serious thoughts and opinions on this matter. Is everything as bad as it sounds ore are the people overreacting with their statements regarding this?
Last Day!!!
Ok, today was my last day and I couldn't be happier. Good luck to all my peers and friends
Cover your bases
Took well over 3 weeks to get the correct vacation payout and the remaining time that was missed from my actual paycheck. Once i mentioned filing a claim with the State Department of Labor, it managed to speed the process up. I’m not the only one... — read more
Xerox shareholders approve plan to become a holding company.
https://www.businesswire.com/news/home/20190521005871/en/Xerox-Shareholders-Approve-Holding-Company-Reorganization
For those converted to HCL, keep this article in mind
https://www.siliconindia.com/shownews/American-tech-grads-are-unemployable-HCL-CEO-nid-58497-cid-3.html It was making the rounds in Xerox when they send 1/2 of engineering overseas. It gives you a look into the mindset of management in HCL.
Opportunity to make a change
I’ve been reading about the production side of printing also considering a career change to sales. If I stay where I am I’ll probably get laid off eventually. our core hasn’t sold much production in the past but it looks like a good opportunity... — read more
Are intensified layoffs at some part of the company and indication that that part is going to be sold off?
Can we apply that logic, and is it realistic to apply that scenario? Seems logical to me, cutting more in the parts that are going to be sold as they want to make that entity more attractive to sell. Did this thought cross the mind of anyone else on... — read more
HCL SCREWED MULTIPLE EMPLOYEES PAYCHECK
GET YOUR SH!T TOGETHER. THIS IS UNACCEPTABLE. PEOPLE SHOULD NOT HAVE TO FIGHT TO GET PAID CORRECTLY.
HCL being shady!
Why does it take HCL so long to respond to an email? Their lack of response or resolving issues is very frustrating! Why would anyone want to continue working for them?! I'm resigning this week and they better not mess with my pay and vacation time... — read more
Tech pay
Is it true that xerox techs make much more than xbs/gis techs? If so is the playing field going to be leveled for xbs/gis techs to have comparable salaries? I’ve heard rumors of small 2% raises for xerox techs across the board, followed by a 3% raise... — read more
RIGP CONTRIBUTION THIS YEAR?
Does Xerox need to make a contribution to RIGP this year to keep it funded at 80%? Will they?
I can't wait for mid-July
Hearing a large group of folks will be resigning then. Should k--l any chance of $40/share. The only people that will be left will be overhead VP's... hahahaha - good luck!
This is now turning from funny to ridiculous
How many times do people have to be told that layoffs at Xerox are ongoing? You can't seriously be shocked or think that rumors of more cuts are surprising. Wake up! If having no job security bothers you that much, then leave already! That's the... — read more
rumored layoffs within next 2 weeks
Has anyone heard further information on the rumored layoffs within the next couple of weeks? This is in addition to the upcoming reorg. Have heard Webster campus mentioned.
Sales Compensation
All of us on leveraged comp plans get ready. The new plan (whatever it is) will hit us on July 1.
Technicians
Are xerox techs going to be doing same work as xbs techs? Such as instead of going home and waiting for a call to come in go out and find calls to do or are xbs techs going to be in same service department as xerox techs?
What’s the future if Xerox continued to focus on MFDs and Production Print?
Got to do something else and fast. All this stuff hurts but doing nothing while the print business slips away at 10% a year would be insane. They’ve got to get the ship to different port before it sinks.
This can't work
Why does Xerox leadership believe that laying off most experienced employees with the most know how will solve the numerous problems created by their own inadequacies and bad decisions? Has this ever worked for any company? Of course it didn't, but... — read more
Poor JohnV
https://www.crn.com/news/channel-programs/xerox-ceo-awarded-23-million-in-total-pay-in-first-year