If that happens to me personally, I'll consider myself a complete failure.
24 replies (most recent on top)
Lots of scaremongering on here!
@eq Thanks, but I've worked it all out financially.
@dthere a YouTube videos regarding the best time to retire. If you are able to retire before The end of August, I think it might be more beneficial to you. You may want to look into the pros and cons of retiring at year end. Good luck! FYI I am an ex long time employee who loved working there until about 2010 but they treated me well until about 2020 and I quit in 2024.
@e7 $75-85mil + according to AI. But I suspect AI is a bit off and in reality we owe $125-135mil or better. No way it’s lower with the shoe we’re in.
AI Answered on Debt amount due Q1 2027
While a specific, granular amount for the Q1 2027 interest payment is not publicly broken down in the provided documents, based on the annual forecast, the quarterly interest payment for Q1 2027 is likely to be in the range of $75 million to $85 million (assuming relatively even distribution of the ~$316 million annual cash interest, though actual amounts may vary by quarter due to timing).
@dt back to Lexox....
@e5 This is by choice thankfully.
I'll be there, my job is safe
@c2 what is the interest payment Xerox owes in q1?
If you have years to go, go somewhere else.
With that non-transferable skill-set? Y'all's going on Welfare.
@e1
Reply to the "almost ex-employee" was this by choice or were you informed?
Happy to say my last day will be April 17th.
I'm retiring at the end of this year, assuming the company still exists on December 31st.
@dr
What does the "rebadging" mean?
@c1 how about us poor buggers, being rebadged from HCL on the 14th, that are being told your severance will now be based on the rehire date? I wish they would have just let me go at the end of March, with severance
@b3 they don't care. This is horrible. Right in the toilet for this sh-tshow
@a5 I would generally agree with your mindset that we need to do get the company back on its feet. But unless one of us has a rich uncle or aunt that has $900 million or more to pay the interest on our company debt Q1 2027 — I just don’t see what can be done at this time to turn the ship around enough to make sure we make our upcoming debt payments.
@ba I actually suggest working your a** off next week before the April 14th week of scheduled 2Q layoffs. That away you can leave with your head held up high after you clean out your desk drawers.
You could spend the next week working harder than you ever have, or you could spend the next week finding different corners to sh!t in. Both will lead the company in the same direction.
These decisions were made without us, now they want help? no.
You really want to fight the fight? It ultimately won’t make a difference. You could ki-l yourself and work 10x your current effort with an 0% merit increase and it will have a < 0.01% effect on the company financials. Remember to put things in perspective.
This company is already a shell of what it used to be. Fight the fight? What fight is left to fight? They don’t care about loyalty. You’re a number and nothing more. If anyone thinks otherwise you’re ignorant to what has been happening the last few years. We aren’t relevant anymore. Print died and we are NOT an IT SERVICES company.
Zero point zero. 0.0
@a5 Fine advice for those at career end, but absolutely horrible advice to those not. If you have years to go, go somewhere else.
@a5 maybe you can get into the buggy whip market, or rotary telephones.
I hope so. Let’s fight the fight and get this company back on its feet