Many have commented on John V lack of vision and strategy. His educational background is rather weak and he lacks any advanced degree. It’s not unprecedented, but disconcerting for someone to be selected ceo of Xerox. Ultimately, he’s just a talking... — read more
Happy New Year :(
More layoffs today 12/31 in sales as they move more accounts to GIS
2019 Labor Clap Back
Remaining Employees should simply do less work. Leave on time. Don’t put in extra hours. Don’t get me wrong, be kind to your coworkers when possible and continue with quality. There’s no need to add further stress. Xerox will never repay you for your... — read more
GIS How does it feel to become like us at Xerox
benefits 401k back office going good people leaving compensation changes Happy New Year
Remember when earning another year of employment at Xerox meant something
It is sad that times have changed over the years that there is no longer a sense of American business and the relationship they have with employees and the communities in which they were founded. I know it is happening other places not just Xerox but... — read more
They will spin the layoffs as "realigning with the new strategy"
My guess is the strategy announcement in early February will give them "cover" to go public with the layoffs going forward. They will spin them as "realigning with the new strategy". My fear is that the new strategy will enable or require much larger... — read more
Unemployment question
I know some states allow for unemployment in addition to severance, but I just heard that the moment you receive a job offer that unemployment stops. Is this true? Literally any job offers stops the payments immediately? So what happens if an... — read more
Xerox January layoffs
January is getting closer and there is still very little info about layoffs. Do we know anything new? Do we even know for sure there'll be layoffs in January?
First time back to the Xerox Webster campus after being laid off
Last week for the first time (too busy working to take time off) since being laid off in October, I decided to assist my husband with Operation Food Basket. As we were driving to Xerox I was consumed with anxiety over returning. Once we made the turn... — read more
My New Year's wish
I hope that 2019 is the year when Xerox starts treating its employees with dignity and respect once again. I know it's most likely just a pipe dream, but this company used to stand for something and people loved working here. Today, fast food... — read more
Fujifilm is still interested, but will not try to push the new Xerox deal
Fujifilm’s CEO stated that there is still an interest of acquiring Xerox, but Fuji will not be aggressive to push anew deal nope will it be sweetening the deal. I was initially glad when the Fujifilm acquisition failed, as I was against it, but... — read more
Could you make it if YOU lost 2.3% of your Income?
If Xerox folded tomorrow and Carl Icahn lost EVERYTHING he invested in Xerox up to date, you know how much of his total investment portfolio would be lost? Answer: 2.3% Out of the 19 companies he is invested in, Xerox ranks #8 on the list in terms of... — read more
another box checked
severence package reduced -check layoffs- check reduced 401K company match-check more layoffs- TBD vacation reduced-TBD
Change the mindset, change the game folks!
Swim upstream! Today’s X-Men stick two fingers up at industrial age karma, they take none of that by-gone era’s baggage, they evolve fast by stripping non-value out of the equation and they do it one baby step at a time, but many baby steps every... — read more
Too many sales channels
Maybe Xerox should consolidate all of the channels into one. Direct Sales is going away, Global Imaging is consolidating, Agent's are suing Xerox and turning into Resellers, and Resellers/VARs are selling competitive equipment along with Xerox... — read more
Contractors are still being affected
December is not safe for contractors. I am one and I know there's more. Contracts are not being renewed. Not being actively frog marched "out the door" but just left to expire at midnight 12/31/18. Exactly. It's not what you'd consider a regular... — read more
Xerox will be broken up and sold
In a world where time is the key measure for client opportunity cost, outsourcing highly knowledgeable , valuable and productive employees to low cost offshore persons was a bad idea. The work simply didn’t get done properly and there was no value to... — read more
The industry is shrinking-We better get used to cuts
This article originally covers the topic of the latest layoffs, but what I found interesting is that it also emphasizes the fact that all of the relevant competitors in the business also reduced workforce this year and all of them failed to produce... — read more
The Xerox Brand
What's sad is that it's so diluted that Millennials have no idea it was once associated with copiers. They think Canon and HP first, or maybe the Epsons and Brothers they have at home. PARC is ancient lore. Document solutions = SharePoint even... — read more
Unemplyment Question Re: Pension
On the New York unemployment application there is a question as follows: Are you receiving or have you applied for an employer or union pension from employment you had in the past 18 months? Does this mean I can't collect unemployment if I've... — read more
No additional layoffs before January
I haven't heard about any more in December but last week I heard there will be more in January. With the credit rating being downgraded to Junk and the 7% drop for the stock price today I can only guess there may be even more to come. Same here, I... — read more
Global Imaging
Business produced record profits Now Letting go presidents Consolidating companies Closing offices Combining deptartments with xerox Changing benefits Laying off managers compensation changes
Why Xerox Stock Dropped 13% Today
The cost to protect against losses on Xerox debt also jumped, reaching the highest level since [the 2009 Financial Crisis]." This makes the bonds less attractive to invest in, at the same time as it raises investor worries that Xerox might eventually... — read more
The wrong strategies
Believe me people know already about these performances, some even have issues understanding what they need to do and not only employees but project managers and management whom fail to deliver. Like I said earlier the result of cheap labor and self... — read more
How about this Thursday?
Layoffs seem to be a weekly thing now. Am I the only one who's convinced there'll be even more this week?
Xerox at 52 week low today
Nice job senior management.
Xerox Employee Loyalty
I've observed some comments on this site eluding to the lack of employee loyalty, as if things would be better if employees didn't post negative comments here. I worked for Xerox in engineering for 30 years. In the 80's and the 90's it was a great... — read more
This is the price of years of flawed practices
Layoffs, junk status, more layoffs, inability to generate any growth, seems like everything that could have gone wrong, went wrong at the same time. This is just the conclusion of years of bad decisions, no real company vision, and ignorance to the... — read more
Pension Rollover Delay
Does anyone know if Xerox is legally required to pay out my 2018 pension rollover amount if they do not execute before year end? I completed all my paperwork in mid-November, confirmed it with XeroxESC but have not been able to confirm when the... — read more
Xerox future?
Carl Icahn seems make money in 2 ways: buy enough stock to become a nuance and eventually get a company to pay him to go away. gut a company and sell off every piece of the carcass as he did with the now defunct TWA. I would bet on the second option... — read more
And there we have it, Xerox now officially Junk Status
You can’t terminate your way to corporate growth. Nor can you succeed in business by treating employees like dirt, especially client facing personnel. Clients are saying, Cut the B S Xerox. They have voted with their wallets. Bye Xerox. Now the... — read more
ACS purchase
Ursula's ACS purchase was the beginning of the end for Xerox. She ultimately deserves the blame for destroying the company. Let's thank Mulcahy for putting Burns at helm.
I've been with Xerox over 40 years and I'm working on two new projects for 2019. :-)
I've been with Xerox over 40 years and I'm working on two new projects for 2019. :-) One big problem with Xerox is some people just won't let go of the way they been doing things and embrace new approaches, they say they will but in reality they just... — read more
Why does Xerox exist?
What is its competitive advantage? What does it do better than anyone else? What does it bring to the table that no one else can do better? Answer these questions, and you know why Xerox will continue to be a technology powerhouse.
Hi
Why is Guatemala not being affected?
Not only employees getting screwed so are Xerox Vendors
The layoffs are occurring around the country at Xerox' Global Imaging sites, so the impact is wider than just in Rochester. And now they are not paying vendors within terms, any vendor without contracted terms are being paid in 60-90 days. While at... — read more
John V Used Car Salesman
No new projects ate being funded in 2019. Nothing to transform how we do business. Nothing to make us a tech powerhouse. Why? That Ichan lackey, John V, is out to make money in the shortest amount of time for his decrepit boss who's ready to enter... — read more
Am I next
When the layoffs started, my manager asked me to put time on his calendar. However, I am out of the office. So now I am worrying that I am being laid off when I get back.