XIM is already in the process of being out sourced to Wipro. I think this is in relations to IT functions that might exist in XBS
https://twitter.com/TheLayoff/status/1107817871344877568
https://twitter.com/TheLayoff/status/1107817871344877568
Rebadge to HCL or Leave?
What's your preference?
An Ideal Xerox Employee Attributes
who has the wisdom of a 50 year old, the experience of a 40 year old, the drive of a 30 year old, and the pay scale of a 20 year old.
Xerox decreased by Deason Darwin
Interesting article just let out a couple of hours ago... things are catching up https://enbulletin.com/2019/03/18/position-decreased-in-xerox-corp-by-deason-darwin/
Steve Hoover?
Any guesses why Steve Hoover is not included in the members of the Executive Committee included in the 8-K filing?
WebEx 2morrow?
Is the webex still in for tomorrow after this?
IT Vendor Management
Any impacts in the group that is doing IT Vendor Management?
Lump sum payout from Xerox?
Did anyone just get this? A few of our admin managers did at our company (XBS Core) and I am wondering if anyone has information on what this means? Does this mean they are being laid off? Is this severance? How does this relate to the move to HCL?... — read more
This day s---s.
We have all ready the recent filings about HCL. Now what? Just work? HA HA! Ya right!
Is there a legal limit how much they can outsource?
I’m guessing no, but not really an expert on the matter, so thought I’d ask.If this HCL deal works out as the Xerox leadership expect they will be outsourcing more and more, an who could stop them.
What is the difference between GM in the news today and XEROX/GIS/XBS outsourcing news this week
Use the tools available to communicate
HCL Agreement Officially Announced
Link: https://investors.xerox.com/sec-filings/sec-filing/8-k/0001193125-19-077420 Page: 19 Contents: "In March 2019, as part of Project Own It, Xerox entered into a shared services arrangement with HCL Technologies pursuant to which we will outsource... — read more
Really good article
Excellent article that applies to the situation many Xerox employees are in right now. It gives several options on possible legal actions against the company... — read more
John Visentin 2018 Pay $23.5M, including 17.5M of Stock
The Dow Jones reported this last night. We are losing 1000's of jobs and he is getting paid Millions to be arrogant and ensure the company can be dismantled.
There goes the financing unit
https://whtc.com/news/articles/2019/mar/18/xerox-says-exploring-potential-deal-for-financing-business/ Not too surprised
Please read this opinion
Unemployment is administered by your State Department of Labor. They decide if you get unemployment based on their State administered program and potentially the results of a review process with you and Xerox providing input. There are some... — read more
Any way we can know who the re-badgers will be?
Any indication which employees will be offered to rebadge to HCL, and what happens to the folks in outsourced parts that won’t be offered that option? Does it mean an immediate layoff or are there some other options in play?
The responsibility of the demise of Xerox rests solely on executives, some management, and corporate raiders
Remember, Xerox Direct was the cash cow for the company for many many years and paid for all of the channel expansions. We had high market shares in the largest accounts in the world. The employees were hard working, skilled, dedicated and paid very... — read more
The War is LOST
To all my GIS peers (no, I will not refer to it under that new stupid name) - it's over and there is nothing that we can do to stop it. Bad decisions by executives at Xerox and even GIS created this mess allowing for people like Icahn to come in and... — read more
Tuesday is the day
Tuesday is the day you will find out if you are being rebadged to an HCL employee starting April 1st.You will have to decide in a few days whether to accept the offer they give you. If you don't, you have resigned. How do they expect us to finish the... — read more
To what degree with the company restructure if some parts are sold off?
I’m wondering about the potential restructure within Xerox if and when some parts of the company are sold of. To what extent does the company plan to change and what parts and worker positions are mostly in dangers if such a thing should happen?
Holding Company suggests plans for future sale
At 5:30pm EST on a Friday evening, Xerox submitted a 158pg Schedule 14a Preliminary Proxy statement to the SEC. Friday afternoon releases are always interesting, and this document provides some further guidance on where we are headed as a company... — read more
XBS department closures
I am an XBS Core employee. Has anyone heard anything about the Dispatch and Supply departments? Are they staying or are they going?
What parts of Xerox have the potential to be outsourced next?
The events in the past and the recent HCL story have proved that the company leaders want to outsource as much as possible, especially with the state that the company is in right now. Curious what segments of Xerox’s business have the biggest... — read more
Carl's History of ruining lives - link
Scroll down to the spreadsheet at the bottom to see the thousands of people this animal has impacted in a negative way http://hedgeclippers.org/hedgepapers-no-30-the-dangerous-deeds-of-carl-icahn/
WAKE UP GLOBAL IMAGING
Johnny V Stevie B Mikey F They attacked GIS cause they can't fix traditional Xerox and they want to make lots of money in two years GIS was not perfect but the cores did $2 Billion with 15% plus ebit plus what FUJI makes They cut your healthcare Your... — read more
Monday March 18th
So I read the post about vacations being denied so that people are in attendance for Monday and Tuesday. I understand Tuesday is the meeting. Any ideas why Monday might be a “mandatory” attendance day???
Xerox Memo to Staffers: You May or May Not Have a Job with HCL
Some 250 members of Xerox Corp.’s local workforce have been given the option of either a voluntary layoff from the company or a potential transfer to HCL Technologies Ltd. Xerox has been in talks with the Indian information technology and software... — read more
Share buyback, Just in case you didn't know
Great article linked below, it's happened full tilt in Xerox, company coffers were raided to pump the share price....... These guys know their game, the Xerox board was weak and they exploited that weakness, noow they maximize return by whatever... — read more
Outsourcing deal with HCL done?
My coworker in Norwalk just overheard a couple of Indian guys saying they 'finally' (their own words) signed the contract. A multimillion dollar contract that will transfer to HCL over 6000 employees from around the world for restructuring purposes... — read more
How much are the former Xerox workers valued on the job market?
Having Xerox on your resume used to mean a lot once, now, I’m not so sure. So my question is what does having Xerox on your resume mean to the potential employers now? Do they still consider it to e a good company or have they too become familiar... — read more
'Here is your Sign'
In case you were wondering if all the chatter and rumors were true GIS... Xerox all employee webinar on Tuesday to discuss 'Project Own It.' By the end of the month, we will no longer by Xerox employees. They will turn us admin over to HCL. Here is... — read more
Face the facts
It’s very clear Xerox is on a clear path to destruction. The clowns running the show will start selling the business piece by piece. Face the facts .... it’s a dying business. Get out and look while one can. It’s much easier to look while you have a... — read more
Keeping all my GIS family in my thoughts sending all positive vibes.
I got an opportunity thankfully at the perfect time. But I can't sleep thinking of all my friends that I've made along the way in my long tenure. I really feel for all my friends that will be impacted by poor decisions made by the heartless a--holes... — read more
Where are you getting information from?
Other than this site, which appears to be growing in numbers who are visiting, where are you getting your information, rumors, gossip, b__ching?
Xerox is honored to be one of the worlds most reputable company’s
Shared on Xerox’s LinkedIn page the company is recognized as one of the most reputable according to the Reputation Institute. They forgot to mention that they ranked 70th out of 100 companies. I wonder what useless award Xerox will win next, maybe... — read more
Is there anybody who is not looking for another job?
Just wondering, is there one person still at Xerox who believes in this company and is not trying frantically to find a new position elsewhere?
Which part of the company could be sold off first?
Does anyone have any idea? There’s no doubt they are will chop off some parts, and in the end that that was the true point of this transition. What company parts could they sell off first, ad what will be the logic behind the sale? Will they sell... — read more
Important info
If severance (or other benefit/compensation) is specifically stated in an employee's acceptance letter, the employer does have to provide notification to the impacted employee in advance aid any change (the time period typically varies based the... — read more