Ok, so now it is becoming clearer. We got hammered yesterday (Direct COO) and on the 30th (Non-COO), but what about Xerox Europe? Are they untouched or impacted? Anyone interface with any peers in UK or elsewhere?

Once again we lost some of our best. Why would you lay off people who are basically responsible for keeping this company going by doing the work of two sometimes three people and keep all the freeloaders? Can nobody among management realize what kind... — read more 

For employees who were laid off or terminated, a healthcare contuance offer is usually mailed to you. Unfortunately, it’s pretty much open market coverage. It was $1,600 per month for my family which put it out of reach for my family. I applied to... — read more 

The goal was to have layoffs complete yesterday for organizations reporting to the COO. Next round on 8/30/18 for non-COO organizations. This was posted by @UHXWcod-nzz in another thread as a reply, but I thought it needed to be in its own post so... — read more 

Are we having any more layoffs today or was yesterday it? Since we were never given an official number on how many people were to be laid off in this round, I'm afraid that there still might be more on the list. Does Xerox ever do layoffs on Friday?... — read more 

For those let go, does your health care stay through the severance, or do you go to cobra or the open market right away?

Stock up 2.6% during day, then down a huge 4.8% after hours. sellers calling B S on Xerox?!?

Many 10 to 20 year tenured people or even more! The age discrimination act is supposed to protect people over 40 from being targeted due to age.

Every sign that a lay off was imminent was present. Working for a low skill r----d of a VP who was verbally abusive in California was the worse. We all deserve better! Too much work and not enough people doing the work. We now are left with managers... — read more 

Any word on the possibility of service personnel being layed off? At this time the date to keep an eye out for is Aug 30th. Good luck to all. We deserve much better than this.

Please transition your work to your backfill. Totally unacceptable. If you think your manager will give you a good reference and skip over Xerox policy saying they should not comment, then help your manager. If you think they will just refer... — read more 

I was a Xerox technician who was laid off from Xerox about a year ago. The company replaced a long standing, reliable copier series (5100, 5500, 5600, 5800 series) that had the paper flow from the left side of the copier, through the machine, and out... — read more 

This is just wave 1 and it’s not done. Perhaps the dingbat(s) who posted earlier that this wasn’t going to happen, and according to their solid sources, were just managers trying to continue to work their employees like dogs. Not sure what is worse... — read more 

In that article Xerox decline to share the number of people who were being laid off. Why is that? What are they trying to hide? It's not as if people can't put two and two together in term of numbers once the dust settles. So why not just come out... — read more 

OMG

Mainly finance

Things have settled down here. Two people laid off from my office earlier. Nothing new for the last hour. I think it might be over.

Is it a phone call, email, one-on-one meeting with manager? Are you given time to pack up your belongings?

Company leaders did not disclose the amount of jobs affected by the layoffs, but we're told it didn't reach the threshold for a state WARN notice. WARN notices, which are public disclosures, are required when layoffs exceed 250 employees at a single... — read more 

What does the package look like? Have there been any changes made to severance compared to last time? I'm worried they'll try to save additional money by skimping on proper (or even any) severance. Something like that wouldn't surprise me one bit... — read more 

https://www.whec.com/news/xerox-cutting-jobs-in-webster-other-locations/5032997/ It says that the positions being eliminated include IT software engineers, systems engineers, program managers and associated support as well as finance managers, which... — read more 

It has definitely started, if anybody is still wondering. I'm just trying to figure out how bad it is right now. Do we have any idea on numbers?

This morning, Carl Icahn/John Visentin groom for sale layoff train has started. The total count is not known but includes program managers, IT software & system engineers, support personnel as well as financial managers. This company needs a vision... — read more 

I'm still hoping in vain that today will turn out to be like any other day at Xerox with no layoffs (or at least like most of other days.) Yet here I am on this board at the crack of dawn because I'm that nervous. The stress this company is putting... — read more 

After two long days of watching my manager in closed door meetings with HER manager, she bumped into me in the hallway. I asked her point-blank, "Ok, what's going down?" I got this stammering response and evasive eye contact and forced smile. C'mon... — read more 

It’s not personal. It’s just business.

When a Mass Layoff Is Imminent The more signs you see, the more likely that a layoff is coming. • The company has been failing to hit targets for some time • Nonessential budgets are reduced or cut • Teams and offices are streamlined to eliminate... — read more 

Deason went on Bloomberg TV and said they will look into an auction. In 90 to 120 days . He also said xerox could be a standalone company for a year or two . Carl iccan said we are the worst run company. Even Steve jobs said the same thing . Do you... — read more 

I would highly recommend that no matter how secure or successful you think you are, spend some time with your family over the next 2 weeks. EOM

The average employer match is about 50 cents on the dollar for the first 6% of pay according to a 2009 study by Hewitt. If an employer decides to suspend its 401(k) match based on this average, it could save about $1,500 per employee each a year. A... — read more 

Xerox - under new leadership - is keen on dividing and conquering the unsuspecting employees. Trying to make the place as toxic as possible - legally - so folks with not much time invested will leave a sinking ship. But those of us - the glue that... — read more 

Rumor has it that our new fearless leader is targeting company 401K contributions. Matching will be terminated. Mr. Visentin's praise of employee dedication is not supported by his actions. If the dedicated service sabotage every endeavor they... — read more 

Change in severance effective July 31, 2018. Unbenounced to anyone, HR changed policy for the sales organization, of 2 weeks flat severance. No longer are the years of employment relevant when being terminated/IRIF'd. For all of you hanging out for... — read more 

Pay heed to the next to last paragraph below (from NYS Legislature): New York Unemployment Benefits No Longer Available to Former Employees Receiving Severance. Effective January 1, 2014, former employees in New York are, in most cases, ineligible... — read more 

Any word on what today's TAX means? Layoffs, numbers, orgs, ...

CEO, “we need to optimize our operations, which is our second priority. This is more than just process optimization. We need to optimize the way we are organized, our product portfolio, our supply chain, our financial model.” Aka we need to layoff... — read more 

Rumor from connection to Executive HR planning, A plan is being worked for two major layoff waves. One will be predominantly US in Q3 and be several hundred in all areas. The second will tentatively be within 30 days following and worldwide. It’s... — read more 

https://finance.yahoo.com/news/xerox-explores-sale-leasing-finance-162134648.html?.tsrc=applewf

Norwalk !

Announced today that our General Counsel decided to leave Xerox for personal reasons, effective July 13.......Awfully fast exit for a top-tier employee if you ask me.