Thread regarding Xerox Corp. layoffs

Numbers defined

So latest communication is a reduction in people in all areas of 20% in Q1.
It’s going so well.
Will be interesting to see if that number is applied evenly across both XRX and LKX or if the plan is to just be left with LKX monkeys (who know nothing about digital services and our collective growth engines).
Meanwhile the SLT continue to spend money like water on themselves, pet projects, relocation/moving costs. Java.


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| 1362 views | | 6 replies (last December 10) | Reply
Post ID: @OP+1kbpc5ha9

6 replies (most recent on top)

At the end you said that they spent more money on Java? 🤮

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Post ID: @11p+1kbpc5ha9

@bf my manager given a target to meet and has to plan how to do that by end of year

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Post ID: @cf+1kbpc5ha9

@av This kind of thing is not communicated. We need to come down 10k heads. Simple calculation. As usual, there will be more after this 20%. Declining revenue, increasing interest expense, no plan, and its too late.

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Post ID: @br+1kbpc5ha9

@OP who/when was this communicated?

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Post ID: @bf+1kbpc5ha9

I call bull, where is the said latest communication...

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Post ID: @av+1kbpc5ha9

Xerox is such a great company!!!!

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Post ID: @ab+1kbpc5ha9

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