Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

Dear MG: If I see one more email....

From MG on the XITS side email about March Madness I'm gonna scream. We're working harder than at any point during my time at this company or ITsavvy, I can't keep up with all the things coming my way because we keep losing bodies, but god forbid MG... — read more 

C-Level selloff

https://www.nasdaq.com/market-activity/stocks/xrx/insider-activity I love how all these guys execute their options on the same day.

Vegas boondoggle

Just returned from Vegas. I’m a Xerox “Partner” AKA Dealer. More Xerox people in attendance compared to partners. You would think this company has money and is growing. Lots of fluff, no clear direction. No future in production print. At least I saw... — read more 

Nero in Vegas!

Rome may be gone by the time SB and team return.

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Post ID: @OP+1jpaej9ba

SIP?

Before all of the haters attack me for this question remember we still do performance increases and they typically account for the money the year before. Has anyone heard anything about SIP for this year?

This is why XRX is doomed.

https://www.securityweek.com/xerox-versalink-printer-vulnerabilities-enable-lateral-movement/ A critical security flaw in the Versalink allowed lateral movement in an org, and access to Active Directory. This is how seriously XRX handled it: "The... — read more 

Another RIF Coming (Silently)

Is anyone hearing anything about another round of layoffs , next week ? I overheard a conversation yesterday leading me to believe there’s some major cuts in sales pending ? Blame sales I guess !!

Blame the Sales Reps...

Most any shortfall can be easily attributed to sales. Stock price down? If the sales reps did their jobs this would not be an issue! Profitability? If the sales rep would just SELL the superiority of the Xerox “brand” vs caving on price. Support? If... — read more 

3/4/25 NEW 52 WEEK LOW

The 6th in a row. It got down to $6.16 today, and recovered most of it for a small loss. Unless SHTF tomorrow, it won't be 7 in a row. $6.16 is a wild number to hit.

Knock Knock Board - You There?

So is there going to be any accountability to the C Suite for the 57% decline? Is the Board going to address this issue from the top?

3/3/25 NEW 52 WEEK LOW

5th in a row. Down 23.07% since 1/1/25 Cap is down to $801MM. 85% of the float is owned by institutional investors (as of 12/31/24). Even if every single retail investor cashed out in the last 2 months, it wouldn't have dropped that hard. The big... — read more 

Farewell

Xerox was home for over a decade. I learned quickly how to navigate dysfunction and became an expert at it and it paid off for a long time. Then I was IRIF’d. Found a job quickly and am never looking back. Good riddance. It’s nice to have new... — read more 

2/28/25 NEW 52 SWEEK LOW

It's the 4th one in a row. The cap is down to 830MM and the dividend yield is back up to 7.54%. The current debt to equity is 264%, or ~$2.1 Billion. If the Lexmark deal goes through, that would add $1.5 Billion of subprime debt to the books... — read more 

Analyst and SW support

Last October Xerox outsourced all their analysts and software support to HCL. Does anyone know how long that contract with HCL was for? In the past when Xerox did the past with engineering hotline support most engineers were let go from HCL with in... — read more 

2/26/25 NEW 52 WEEK LOW

The cap is now just $868 million, $12.55 lower than the 52 week high, at $6.93 and down $1.32 YTD. At the current clip, this is trending to $5.61 on 5/1, and $4.29 on 7/1. This is where it gets weird. Volume was double today at 6mm, vs the 2.91mm... — read more 

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Post ID: @OP+1jn230mc0

2/25/25 NEW 52 WEEK LOW

The cap is $932 Million, and -$11.98 off the 52 week high, at $7.49. Down $0.77 YTD. It was the 4th 52 week low in 2025. At the current clip, this is trending to $6.76 on 5/1, and $5.99 on 7/1. Why this matters is, everything management has done is... — read more 

A Good Cop / Bad Cop story... with a twist

Have you ever sat through a company town hall and felt like you were watching a well-rehearsed play rather than a business update? The Good Cop steps up, the energy is sky high, metaphors fall like confetti: Formula 1, rocket ships, whatever works... — read more 

Lexmark Uses Slave Labor?

https://www.wttlonline.com/stories/lexmark-parent-still-under-slavery-embargo,11876 Holy cr-p! How is this even happening? Somebody please tell me this this isn't true.

Sales Meetings

I have calculated that one full day per week is being spent on sales meetings. Duplications of last year’s meetings. Digital this digital that. It’s not new. The redundancy is incredible. Add to this managing the offshore groups and bottlenecks they... — read more 

Working On My Holiday

It is the holiday and my boss has asked me to review all of the post and put a summary together for the leadership team to review and determine if a rebuttal needs to be made. It seems that a lot of you like going back and replying to post that are... — read more 

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