Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

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 

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 

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| 2973 views | | 3 replies (last March 16, 2019)
Post ID: @OP+Y6U3wjs

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?

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| 1810 views | | 7 replies (last March 19, 2019)
Post ID: @OP+Y55Uy1O

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/

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| 1380 views | | 9 replies (last March 16, 2019)
Post ID: @OP+Y5Zrerx

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 

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| 2750 views | | 7 replies (last March 17, 2019)
Post ID: @OP+Y5zjOSq

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???

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| 1280 views | | 2 replies (last March 17, 2019)
Post ID: @OP+Y5pc8Yy

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 

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| 1001 views | | 2 replies (last March 15, 2019)
Post ID: @OP+Y5fSNGw

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 

'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 

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| 1050 views | | 1 reply (March 14, 2019)
Post ID: @OP+Y4YGPhW

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 

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| 1400 views | | 4 replies (last March 16, 2019)
Post ID: @OP+Y3dy5mR

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 

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| 932 views | | no replies yet
Post ID: @OP+Y2xzGuu

JLL building survey - what’s up?

Has anyone had the JLL people to their remaining open offices? We had them in last week and it was so weird watching them go around and record everything. Upper management didn’t say much about why they were there or what happens next. Wondering if... — read more 

You are not guaranteed a severance!

I see so many people saying they are staying just for the severance - as if it was a guaranteed thing if they just wait it out. But severance is not an obligation - it is literally the company's good will on whether they will provide it or not during... — read more 

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| 1490 views | | 2 replies (last March 12, 2019)
Post ID: @OP+Y1U8st0

Will the severance package be lower anter the transition?

I’m sure nobody can answer this question precisely, but does anyone have any idea how this transformations are handled in terms of severance? I’m sure that there will be cuts shortly so this of big interest to me.

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| 1120 views | | 2 replies (last March 10, 2019)
Post ID: @OP+XZSL7J1

Stay strong from your siblings at Conduent

Sorry to hear about the difficulties at Xerox. Neither of our companies appear to have stellar leaders. Since we split it was all about cutting and now they want to grow. But lots of folks who could have generated growth were RIF’ed or quit. We... — read more 

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| 1192 views | | 1 reply (March 13, 2019)
Post ID: @OP+XZwYm5V

Slow Friday

Most have bailed. Either...Early happy hour or off to family. It takes a bit to brush the dust off after getting out of the coal mine.

What benefits do they see in becoming a holding company?

Could someone please explain. What does that whole story mean. What will be better at Xerox when it becomes a holding company? Also, does this transition imply an organization on a personal level? Will there be cuts when the reorg happens?

Why quit, you ask?

How about getting ahead of the wave? The way Xerox has been laying off, there will be so many people looking for a job in similar fields that competition for open positions will be fierce. Why wait for a small severance and risk not having a job for... — read more 

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| 1460 views | | 4 replies (last March 11, 2019)
Post ID: @OP+XWt4X3n

Is this true?

If you get sent to a supplier (WiPro or HCL) you most likely move to the supplier's severance, which is often just two weeks. Just ask all the engineering folks that got sent to HCL a few years ago and saw severance dropped to two weeks before HCL... — read more 

Easy ways to ferret out a bad manager

1) takes business funded trips during spending freezes 2) tweets during meetings 3) threatens employees 4) significant voluntary staff departures 5) focuses on their own personal growth not group performance

GIS Locations - Quick, before they're gone

https://www.xeroxbusinesssolutions.com/ (website was www.gisx.com, now redirected to XBS). If you want to see the Core company locations and satellite offices, go to this site and look at their location map. It will be quite different in a few... — read more 

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| 1180 views | | 1 reply (March 6, 2019)
Post ID: @OP+XWY0gwN

What happened at Global/GIS?

Does anyone know how many people worked in the Florida office? How many people were let go? I'll admit, I didn't know much about Global, nor how they operated. Did they just have the one location? Anyone have any insight?

The GIS people have been left behind.

It’s unfortunate we got caught up in John Visentin ’s, Carl Icahn’s, and Darwin Deason’s agenda to line their pockets with more money. They have destroyed the morale of the employees who dedicated their lives to their core company. We all know what... — read more 

No use staying at a dinosaur company like Xerox

Don’t get me wrong, I liked a lot of things here, and as a long-time employee it’s far from easy, but there is no use staying at a company that is downfaling every day and where there is not a hint of some innovation that can bring it out of the mud... — read more 

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