Thread regarding Xerox Corp. layoffs

Help with a question on pay?

Have You Had Any Pay Adjustments in 2021 and 2022?

Hello All - I work in the IT department of a Fortune 500 company who is not a competitor. I wanted to see if I can learn what other Fortune 500 companies did in 2021 and 2022 in terms of adjusting pay due to rising inflation.

My company did nothing so far and people are upset, we are being told that we are being paid the market wages and that we have low attrition and that therefore people are not upset and are happy to stay.

I've heard that many Fortune 500 companies had pay adjustments in 2021 and 2022 and I wanted to share that information with our ELT regardless of the BS they are feeding us.
Anyhow, please share if your org had any adjustments during 2021 and 2022 - I and I am sure orther layoffs.com visitors would appreciate that.

Thanks...

by Anonymous
| 1991 views | | 13 replies (last November 29, 2022) | Reply
Post ID: @OP+1jOd3i5p
Comment! It's anonymous!

13 replies (most recent on top)

Xerox isn't Fortune 500 anymore

by Anonymous
| | Reply
Post ID: @8uxf+1jOd3i5p

our friend @khv is 100% right

by Anonymous
| | Reply
Post ID: @6qdj+1jOd3i5p

Yes, one percent adjustment in 2022 that was great!

by Anonymous
| | Reply
Post ID: @2kez+1jOd3i5p

Anyone? Is @khv right?

by Anonymous
| | Reply
Post ID: @2ckw+1jOd3i5p

Ask the guy listed in the article. He can step in cr-p and still come out smells ng a truck full of roses .
https://m.marketscreener.com/quote/stock/XEROX-HOLDINGS-CORPORATIO-63181095/news/XEROX-HOLDINGS-CORP-Change-in-Directors-or-Principal-Officers-Regulation-FD-Disclosure-Financial-42357875/

by Anonymous
| | Reply
Post ID: @1usz+1jOd3i5p

Your bonus = you’re laid off

by Anonymous
| | Reply
Post ID: @1tfe+1jOd3i5p

I have a paper jam. Oh yeah, where? In the machine. It jams when the paper goes through the machine. really?

by Anonymous
| | Reply
Post ID: @wxa+1jOd3i5p

Depends on the part of the company. We had lots of pay adjustments this year to keep talent. But there was also a huge layoff. So go figure..

by Anonymous
| | Reply
Post ID: @muk+1jOd3i5p

Just another fake post...

by Anonymous
| | Reply
Post ID: @pyw+1jOd3i5p

Xerox is the WRONG place to be looking for Cost of Living adjustments/pay raises

The comment "you are making to much compared to the industry standards" rings a bell

by Anonymous
| | Reply
Post ID: @zed+1jOd3i5p

Your asking xerox for pay advice and about raises? Thats Funny…..🤣

by Anonymous
| | Reply
Post ID: @lsy+1jOd3i5p

People actually get pay raises?

by Anonymous
| | Reply
Post ID: @svp+1jOd3i5p

If your pay has remained flat from 21 to 22 and you maintained the same level of benefits you are way ahead of us. Our pay has been flat for years, our workload has gone up by at least 20% and our benefits have been sliced.

by Tech tugboat
| | Reply
Post ID: @khv+1jOd3i5p

Post a reply

: