Starting today, by all accounts. Basically, anyone can be affected anytime, anywhere, for months to come. It's going to be insanely stressful. I intend to channel my extra energy into a deep job search. Nothing else comes to mind that would help me survive this period without going crazy from anxiety.
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The sad part about outsourcing is when a few “consultants” come in to document what you do, that or they just announce a department is going be replaced and you’re expected to train them to get a package. if that happens, there will be usually one individual that will interface with you on what you do. I suggest you ONLY train them on what they ask for, volunteer nothing.
In some cases the outsourcing company will identify you as a potential asset to be hired as a lead role. Be careful on accepting that role as it will most likely be temporary until everybody is up to speed and during that time, you’re the point person for all the problems. I suggest you lead them on until the last minute while you look for work elsewhere.
@je And what happens when MG disappears.
@je yes always trust what you hear directly until the person has a change of mind because the numbers just don't add up. But don't worry larger concerns will hit like chapter 11 or maybe private equity will come in and flips things around again.
@hy that is true but I’m in IT services and MG won’t outsource to Cebu. Heard it from the horses mouth
@hs I wouldn't sleep well on this knowledge.. you could always be outsourced (to cebu) or to a contractor. What is sad is that your still better than some others in the world.
I’m lucky that Lexmark aren’t the best at IT so get to stay and su-k up the dollars
@a5 XRX is the downfall of LXK. XRX is a bloated, bureaucratic mess, lead by incompetent XRX C Suite and even more incompetent mid-management. LegacyLXKers do not respect SB and his XRX sycophant managers. The level of XRX internal process disfunction is extreme (20+ SAP instances anyone???). Xerox had no basic business plan for the integration and it’s an on-going cluster mess. There’s no good XRX leadership who had any good sense on creating one (again, SAP mess, and internal bureaucratic processes, that they don’t know how or apparently want to clean up). Stock down to $1.91. Was around $8 when announced acquisition. $3 at time of October RIF layoffs. Hopefully get severance now. It goes to bankruptcy (which I think it will) there will be no packages. It is going to be brutal on lower level employees because there are too many of them on the XRX side, but really needs to be massive cuts to XRX legacy management who are the real dinosaurs ($50/box just for aesthetics as just one example of mundane, stupid business decisions). It’s a crisis but XRX folks have not been acting like it. LXKers have been working in crises mode with decreasing personnel for last 8 or so yrs, and yet delivered on time with new industry leading products in its portfolio. But, some of the best LXKers are looking to jump and well they should. Legacy XRXs who can get out should, too.
@d3 No the best of the best as selected by leadership remain. What this means is up for interruption and only time will tell if they can turn the ship around or if they can even add a single day to the day that Chapter 11 is filed and/or some private equality (or HP) comes in and takes the intellectual property.
@an the best of the best are left ?!?! Then seriously we are doomed ….
Let’s be realistic; management from both companies are re--rded.
XRX for getting so dependent on OEMs to make boxes for them (that diminished their longstanding MPS strategy that AM used to resurrect the company from the Allaire-era fraud-c-m-near bankruptcy) and Lexmark for having zero strategy other than making a box with zero consideration for enterprise management strategy or field service, hence the outsourcing to XRX.
Every C-level employee since AM with the lone exception of Hoover should be subject to asset forfeiture for being so derelict. AM can exempt herself by apologizing for not recognizing what a vengeful mo--n UB will always be; an incredibly dangerous combination.
LXK has had rolling layoffs since 2008. I'm the last one doing what I do in Lexington. I used to have several peers, but they are all gone. I honestly think I am in a safer place, but day in and day out, I have a survival mode mindset and that affects attitude and effort. Its just so exhausting, but the plan is to turn out the lights and ride the ship to the bottom.
@an The one’s still standing on the XRXxside are the most obsequious.
"The ones still standing are the best of the best"
When a company has a culture of layoffs, they initially let go people they perceived as being low performers. But what happens next is that the actual best of the best realize their future is questionable and leave because they have the skills to land a better job. And this continually happens, the best leave, the worst are let go, and you're left with middle of the road people who have nowhere else to go.
I started in 2000 and it was carnage before that globally, 10k laid off and its been a ride ever since surviving a year.
You think Lexmark is new to this? Every Lexmark member is a survivor of a dozen rounds that took 75% of the headcount. The ones still standing are the best of the best, with a minimum of a decade of consistent achievement on quotas that are ever increasingly more ridiculous than the year prior.
No one was stressed at this, none of expected to be cut given the long track record of survival. There will be more and no company you go to is going to be any different
Its not "starting today". XRX has been doing this regularly forever. First formal "reduction in force" was 1983.
The first round of layoffs that started the tradition was 83. Then 87, 93, and then it became a regular activity. This first, second thing is nonsense. We need to lose 10k employees tomorrow.
If you just google “Xerox layoffs” you will see this has been a regular activity. Yes, October 2025 but going way back. This is probably one reason the workplace is so toxic: managers worried about losing their job and incenting staff to do things against their judgement and even best interests of the company.
@a1 you are an obvious “legacyXerox” employee. The legacy Lexmark employees are innocent babies when it comes to what is called trying to survive multiple downsizing in a calendar year. They are not a proven entity that has the ability to survive with multiple downsizing in a year and still deliver. They have yet to be impacted even in the recent downsizing: still unproven and unpredictable infants in this multi year downsizing. Yes, these recent decisions will probably lead to the demise of Xerox and Lexmark due to a bias in key leadership roles to legacy Lexmark people who are condescending id--ts. It will be left to the legacy Lexmark employees to own the demise of both Xerox and Lexmark brands.
It started in October 2025 don't misunderstand the start date. The first few rounds of layoffs will be rightsizing the company due to the merger and the second set of rounds will be because the company is failing until we finally have the right number of people to keep the lights on and take out the trash as vendors start to charge us more, move away from us and customers start to transition to others because we can't follow though on our promises to them.
@OP I joined the company 20 years ago and there have been two constants : job cuts and decline.
Only a matter of time until we reach the very bottom, which is near.