Sales “leadership summit” in Atlanta is just another sales party.

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 

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.

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 

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 

http://hedgeclippers.org/hedgepapers-no-30-the-dangerous-deeds-of-carl-icahn/

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 

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 

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 

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 

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 

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 

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

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 

"When workers jobs are easily sacrificed for short term stock gains---stocks which the leaders own but the workers do not---then the truth becomes clear: We aren't all in this together. You're just in it for yourself, and I'm expendable" Sean A... — read more 

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 

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 

The “direction” has not been abundantly made clear to the employees other than Norwalk utilization of catch phrases of “Tech Powerhouse” with no substance behind it. We are not selling anything, we are not developing any new cutting edge technology... — read more 

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.

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

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 

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 

Hey- can you guys remind me who is the CEO of Xerox? The one whose favorite book is “Good Night Moon” and is lacking Technology skills? I believe his name rhymes with an anal lubricant? Thanks In advance

Yesterday (4/30) more people laid off in Webster, NY campus Bldg 111. The process is getting more callous, didn’t even provide the usual box to carry out their personal belongings in. May not seem significant but it seems like getting slapped and... — read more 

Such mixed emotions, but I just can't do this anymore. Between all of this Xerox 'restructuring', slumped sales, attrition like there is no tomorrow and the general panic I had no choice but to look elsewhere. Been here a decade. Sad to see things... — read more 

Has anyone had contact with an HCL Representative on site at their core? How was the encounter? Did they give any insight about the future?

One of 2019's top stocks is a 113-year-old company https://www.cnn.com/2019/04/10/investing/xerox-stock/index.html

“... the only segment of the business arguably worth anything being GIS.”

John V during his webcast announced he is investing in hiring people. Does he mean the U.S. jobs that are currently being offshored to Manila?

People are not stupid. Everyone knows that the fact that they were not chosen to move to HCL makes them the prime candidates to get laid off, sooner rather than later, of course, in parts of the company that were outsourced. People are leaving as we... — read more 

As a department head who has lost numerous people through retirement or leaving for other companies . . . I was informed when several of my recommendations for contract workers were denied stating that the new HR policy does not allow the rehiring of... — read more 

Everyone I speak to absolutely hate JohnV and the rest of the management team. They are absolutely despised to the point that many employees are now wishing for Xerox to fail. In these circumstances, can a company survive, let alone strive? What an... — read more 

Decided to take a minute during my break today to chronicle this mess that XRX management has brought upon us - at least from one core's angle. Normally I would be posting for jobs now yet this will be better 1: years of mismanagement and a lack of... — read more 

It’s one thing to outsource all that is possible, and it’s harmful enough. Aside from that, there is another, may be much more harmful element to this process. A company growth and innovation is always based on people that believe in the company, and... — read more 

I was curious if it was possible. Could there be a group webpage or forum somewhere that only ‘rebadged to HCL’ employees were members? Or would it be impossible to govern/monitor/manage or prove If it could be anonymous like this site but require... — read more 

Still sinking in about that addendum letter many of us rebadged folks got this week. I'm looking for a job, but wondering what happens if i don't get out of here soon. HCL is committed to 6 months in my ltr. It states 60 days notice will be given if... — read more 

I certainly couldn’t. I find it tragic what this company has become and the fact that it has the potential to sink even lower, and we used to be a great company. I imagine that the professors at business schools will use xerox as an example how not... — read more 

Have you noticed that some posts are being removed? For example there was one posted yesterday about revenue decline and one today about funny nicknames and both are gone. What’s up with that?

This isn’t even about stabilizing anything. It’s about continuing to cut costs and selling their shares. That’s all the current AND previous mgt know to do.