Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

Question

Question... does anyone think we'll actually get one or both of these bonuses or are we thinking they're bogus & too good to be true? The way they are worded is you must be employed on the 6 month date & on the 12 month date & must also be employed... — read more 

What changed after becoming a holding?

Has anyone felt any real changes on the field, good or bad, after Xerox transitioned to a holding company? I certainly haven’t. So, that brings me to the question what was the real point of that transition and did it mean anything for the employees... — read more 

Why would anyone work with Xerox?

It’s 2019, this company has turned into a joke. American Canon, that’s the new Xerox. At least Canon has cameras. Why would anyone in a position of authority or leadership in any company USA work with Xerox? Carl Icahn made this about his stock... — read more 

My Last Day

Today was my last day at Xerox (XIM) after 17 years. It's sad to see such a great company be decimated the way Xerox has over the last few years. Instead of trying to look to the future for growth the C-suite decided that it would be easier to just... — read more 

Where to go next after Xerox?

I see that some people are giving advice to the Xerox workers to leave the company ASAP and try to seek their fortunes elsewhere. I believe we can all agree that Xerox has hit rock bottom, but where can we go after we jump the sinking ship? I;m... — read more 

Ursula ...

https://finance.yahoo.com/news/why-this-former-health-care-ceo-thinks-this-uber-board-member-is-crucial-to-its-success-160640200.html

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| 1590 views | | 7 replies (last May 15, 2019)
Post ID: @OP+Z1xSBIF

Nearly half of my team has left

Hav to say that this is the first time in my long-time career that I’ve seen thi. Nearly half of my team left the company willingly in the timeframe of one month? I have a couple of ,onths until i reach my pension , so that thought hasn’t crossed my... — read more 

Resigned

I handed my resignation and two weeks notice today. I will miss the people, not the company. To everyone still at xerox, I have nothing but my best wishes. There are a lot of better opportunities out there.

Conduent stock down 40%

This is what is going to happen to XRX stock when investors realize that Johnny Vas---ne's Tech Powerhouse is just smoke and mirror bu-----t. Unless of course someone is stupid enough to buy this tu-d soon...

Resource Assignation System

Has anyone else received an email in their HCL inbox with Resource Assignation System form? A bunch of people at my core got them but not everyone.

Is anybody still trying?

Are there any employees left who are still giving it their best at Xerox? Or has the management managed to completely eradicate that and create and army of zombie workers who just go trough the motions until its time to go home? I know I'm not even... — read more 

Warn the replacements - posting contest

Rampant resignations in the large cores. HCL really blew it by not offering the retention bonuses sooner. Add in ticked off employees that were not rebadged that didn't get a retention bonus offer. Which brings us to the task at hand - post your most... — read more 

XBS core check-in

Just wondering how the XBS cores are doing. Things are not good here and we’re so cut off from knowing what’s going on at other cores. If you’re comfortable, post what core you’re with and what the atmosphere is like.

If I was a longtime shareholder of Xerox

It just amazes me the amount of id--ts in charge at Xerox and how badly this company has been mis-managed for years! They bring these top execs in to "fix" the company but the shareholders should know the only thing their fixing is numbers!... — read more 

Little known secret

Waiting outside my manager's office, I overheard a conversation today. Senior management are receiving bonuses on cost reductions. Specifically, a direct percentage of terminated salary savings. Your manager may not have your best interest in mind... — read more 

Can we expect the widening of the HCL deal?

Can’t believe that a whole week has gone by and nobody at my location has mentioned outsourcing or HCL. Thing ae slowly quieting down, but I ask myself what’s next. All seems possible, except that things will stay this way. Can we, and when can we... — read more 

Is it true that sales are in a downfall?

Not that I have any reliable info, but I have heard from different people that sales are at an all time low? I know things have been far from perfect lately but is there a ny true to this statement. Are sales really catastrophic and how accurate can... — read more 

Nobody smart would buy Xerox

I don't see why any competitor would buy for the following reasons Decreasing market share y/y in an industry that's decreasing y/y. It's cheaper to just take former Xerox customers at contract renewal. Accounting games where Corporate push around... — read more 

Any chance there'll be no layoffs next week?

I really need at least a week to relax and not have to worry about more layoffs - is that really too much to ask for? I don't expect never to see layoffs again, but do we really have to have them every single week??? What Xerox has been doing to us... — read more 

Is Xerox really up for sale?

I know there were a lot of stories regarding the possibility that Xerox could be sold of to another company, either by selling the whole company or by selling part by part. But realy, how close is this to reality. Is the leadership already in the... — read more 

Xerox Europe

I'm hearing so much about Cores, GIS, Sales, etc... Does anyone have an idea of what is happening on the other side of the pond? Are they immune to layoffs because of stricter labor laws? From what I have read - we are now down to 30,000 +/-... — read more 

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| 2130 views | | 12 replies (last May 6, 2019)
Post ID: @OP+YTX5UKF

PRODUCTION CRUMBLING

Crumbling under Hickey. Iridessse is only thing hanging on. Mgt and reps bailing.

The lies and BS continue

Just venting... Listening to a former Sales Executive deny ever knowing anything prior to Feb/March about the HCL move in Michigan It was told to me a month ago that he was given a heads up LAST JULY and offered a retirement package to get out before... — read more 

Revenue reduction has far outpaced layoffs

Look at this chart. https://www.macrotrends.net/stocks/charts/XRX/xerox/revenue The last time Xerox grew was 2010. Revenue shrunk by 50% in 2015, and we've been shrinking half a billion year over year since then. Revenue reduction has far outpaced... — read more 

Every day is layoffs day

Why do people worry about next layoffs date? Have you not realize yet that every day is layoffs day at Xerox? Ask around. Every single day you'll learn about somebody new who was laid off from this or that department. I know there's some comfort in... — read more 

May layoffs

Second hand but I’m hearing up to 500 US layoffs in May coming. Such a rough pill to swallow. Sorry that’s all I have.

News on sale

Word on the street is that X will be up for sale soon.

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| 1690 views | | 4 replies (last May 2, 2019)
Post ID: @OP+YRVJ4z0

Your choice

So much negativity and strong words. Do ppl really think this is all current CEO doing??! State of business should have been dealt with last 20 years over multiple CEO’s. But when times are good no one complains hmmm And did employers do anything... — read more 

More cuts in May

I’m hearing from reliable sources that additional cuts are coming towards the end of the month hitting XBS employees in accounting and upper finance spots Be prepped!! Can anybody confirm this? Not that I have a reason to doubt any news regarding... — read more 

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