I understand senior management milking this whole game of grabbing cash till it is gone. I also understand older employees staying until social security is close. Perks of vacation time and free travel to events must be great for them. But, how is... — read more 

Whenever they talk about reducing costs, we're the cost they want to cut. Do they seriously think the company can survive without the people who actually do the work? Not the ones who attend meetings about meetings, but the people who keep things... — read more 

I’m hearing that S&P Global Ratings assigned Xerox Holdings Corp. an issuer credit rating of 'CCC+' with a negative outlook. Aka: “deep-junk rating.”

I’m hearing Q2 will be the turnaround quarter, word is the numbers coming through look fantastic, maybe that $8 target for the Warrants is in sight

I saw this yesterday and wanted to know, what does this guy know that we all do not? Apparently he is not afraid of the debt number.

If you have left the company and you're in here moaning, then you haven't stepped away at all. Xerox has to change. Decades of poor leadership, management and poor execution, coupled with quite incredible world events- remember COVID, have led it... — read more 

We desperately need more people, we're dying over here, but we're being told nobody is being hired currently. Is this true? I haven't heard anything about a hiring freeze happening.

Community friends - any idea what this filing indicates? https://www.stocktitan.net/sec-filings/XRX/schedule-13d-a-xerox-holdings-corp-amended-major-shareholder-report-bf53a3f1aefe.html From a quick google search seems this indicates an investor... — read more 

GOOD NEWS: Xerox Wins Maryland DocuShare Contract to Keep State Document Systems Running ( Google this!)

https://investors.xerox.com/static-files/101bb5f2-18b8-4db1-897e-52c1c92a3bc7 So, LP has a golden parachute, that pays out for 24 months, or in one lump sum, at 2x his annual salary. This expires on 12/31/26 if there has not been a "Change in... — read more 

A lot of people are reading Xerox’s retention plan as if it were a secret bankruptcy announcement. It is not. What it actually says is simple: "Xerox is under pressure". No surprise there. "Xerox is going through transformation, restructuring... — read more 

Now that it looks like from managements maneuvering that bankruptcy is certain to happen very soon, what are the odds it could go directly to Ch 7 instead of Ch 11. There was an analyst stating it could line up that way because of the abnormal amount... — read more 

I think the endless surgical layoffs and toxic environment are designed to make people quit. Don't fall for it. Make them pay you to leave if that's what they want.

What do you think the chances are of more cuts happening this month?

We integrating to become more efficient and reduce cost. Don’t matter if you like the decision but tomorrow Xerox supposed to move to Lex CRM platform (a date already slipped) and the date moved again. Jeez. Sales Strategy and Sales Operations (a... — read more 

A reliable source mentioned that there will be a radical shift or shake up in healthcare and managed accounts. Getting rid of lots of dead weight employees and removal of on site techs and managers, as to reallocate them for other purposes... — read more 

It's been since April 1 since I've received a commission check, my boss said we would have plans at the end of April so we could get commissions, then May, then mid-June, and he now admitted he has no idea when plans will be out so that we can get... — read more 

Anyone know how it’s getting on. Heard it’s not going too well. Taken us back to the 90’s

How is everyone doing? Another week done and it feels like we are hamsters on wheels. Same s*** different day. We get a message from Our Chief Revenue Officer about finishing the Q strong - with 2 days to go that’s kinda late. Where he been hanging... — read more 

I wonder how long more before the market realizes that the current share price is unsustainable and start to drop to $1+ level? The addition of Lexmark will pull Xerox pre-consolidation price of $2 further down for the debt that is being accumulated. — read more 

Does Xerox still put their name on the Fuji machines or is everything Lexmark now?

I got my first offer after six months, but then I read about them and they have the exact same issues we do. There's no point in accepting it and losing my seniority for the same thing. What a depressing situation.

https://i5.walmartimages.com/seo/Richard-Scarry-s-Busy-Busy-Town-9780307168030_d9223b19-62c8-4433-b856-b151fb8d75bf.0b20d961908edd2e6327a9234db402ad.jpeg?odnHeight=573&odnWidth=573&odnBg=FFFFFF

This is from 1999 when we saw share prices drop by 24 percent just wondered if they dusted this off from an old set of meeting minutes..it feel awful familiar. "In April, Thoman unveiled a plan to remake Xerox’s image as a technology company... — read more 

Q2 is looking good, lots of dead wood out of the door, strategic review going well, new positive investor from Czech Republic, things are looking good……..

Anyone heard anything? It seems every month there’s a RIF. Or maybe they met this month’s numbers with the VRIF.

If Kodak was able to go through bankruptcy and reinvent itself so can Xerox. Just remember, Kodak in its hayday had 145,000 employees, today it has 3,500.

I was looking at our competitors' pages just to see if everywhere is as bad, and this made me laugh: "This place makes Xerox look like an upgrade in employment." That was posted on Konica Minolta's page. Which barely has any posts. And our board is... — read more 

It is very depressing as there are some very good people going because they asked to. Why can’t the organization organize themselves to get rid of dead wood instaesd of not creating an environment where talent and good people feel comfortable.

https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3579174

Some employees should carefully review their job descriptions and pay scales using Salary.com, as they may be surprised when leaving their current roles to pursue positions at the local university or state government and receiving reduced... — read more 

Xerox carries over $4.4 billion in total debt against just under $500 million in cash reserves… It seems this is a nonsensical company?

Sent an email to them yesterday afternoon with zero response yet aside from the auto generated one. Is this everyone else’s experience?

Enough with the nonesense from certain people. No one wants to hear it anymore, no one wants to participate in it, no one likes you, no one likes your constant negativity, no one likes your entitelment, no one likes your doom and gloom, we are tired... — read more 

Anyone who is familiar with the dunces unable to write more than a sentence for themselves recognise the telltale signs. Stuff like repeated use of "It's not X, it's Y". Explains why he says so much, yet there's so little substance. What a joke.

I didn't realize the layoff stress here was bad enough to make someone leave for less money.