I did a search for our situation and found this article. I had not seen it before. Pretty telling.
https://www.thehour.com/business/article/Xerox-jettisons-4-5K-jobs-in-first-half-14244296.php
5 replies (most recent on top)
I was told by a Xerox VP when this was first introduced that the HCL transition was based on 6500 employees
That VP is also no longer at Xerox
The key message is this situation involves THOUSANDS
@ 1yrz
I know nothing of EFI nor am I commenting on his or anyone else's leadership skills as a CEO. But, I rather be the CEO of a smaller, less known firm, doing my thing than the CEO of a large multinational with Carl Icahn breathing down my neck telling me that the only thing that matters is making him richer regardless of the people it hurts and the laws that are bent. I would at the very least be able to sleep better at night even if I am making just $500K a year than $1 M a year at Xerox.
@1dhh
you are correct, multip!e waves, Starts with wave zero, then 1, my core is wave 1a
"In the past several months, multiple anonymous people have cited 6,000 jobs as the number being transferred to HCL, in postings to online chats in which they identified themselves as Xerox employees while remaining anonymous."
waves
So Xerox’ old CEO, Jeff Jacobsen, is now head of EFI. Wow, what a come down. At least EFI now owns DocuPrint, a Xerox technology, so he should feel at home.
Who thinks Xerox has had good leadership in the last 10 years? First Ursula demonstrates incompetence, then Jacobson, now Visentin.