It used to be that if you retired on the 1st or later day of a quarter you would get paid for any unused vacation days. Not so anymore. As of July 1st this is the new policy CURRENT EMPLOYEES — COMPANY PROVIDED VACATION ENTITLEMENT Employees earn... — read more
Which areas are being affected?
Is it true that they are going for 1000 people to be laid off?
207 action today
Lights out folks, production engineering on the way out.
Xerox new negative vacation recovery illegal
Xerox's new negative vacation recovery policy i’d illegal according to many state laws but most importantly, federal guidelines. under the Fair Labor Standards Act (FLSA), an employer cannot deduct wages from an employee’s final paycheck to recover... — read more
Document your day
Rather than take care of customers, spend time filling out a form for every task you do…that way management knows where to cut next…
po-p show
the greatest show on earth scheduled snow ...4 techs at the same customer 5 hour drive time one hour scheduled repair time...the show must go on
Entire Sales team is planning to leave same time
On Thursday and Friday last week, I spoke to every sales AE in my area. ~25. Limiting anymore details so that nobody is exposed prior to their exit. EVERY SINGLE one is applying to other jobs. About a quarter of them already have 2nd or 3rd... — read more
You have to act d-mb if you work here
I swear, if you want to work here and not be targeted for mistreatment by managers, you have to act d-mb. That's the only way to avoid being perceived as a threat and subsequently being laid off. Once you figure this out, it becomes clear why Xerox... — read more
The CEO Bag($M) vs Stock Price
The Bag($M) vs Stock Price and CEO/COO Performance! Make it make sense! $23.24 (12/2017) - Prior to this Xerox CEO/COO leadership. $21.72 (05/2018) - The new CEO(J.V.)/COO(S.B.) $16.05 (12/2018) $31.54 (12/2019) - This run-up on price was due to... — read more
FUJIFILM Business Innovation and Konica Minolta Signed a Shareholders Agreement to Establish a Joint Venture Company
TOKYO, July 17, 2024 – FUJIFILM Business Innovation Corp. and Konica Minolta, Inc. today announced that they signed a Shareholders Agreement (Joint Venture Agreement) on July 8 to establish a joint venture to coordinate the procurement of raw... — read more
A new low…….
Another dismal Quarter’s performance and the stock price at an all time low, shouldn’t the Board look to replace the CEO
Fuji?
Think they have gone away and forgotten that we sc--wed them? Think they are lying in wait?
Xerox Releases 2nd-Quarter Results down 10% in revenue
Let the layoffs begin!!
Recharge Day?
For those of you who saw this... what's up with this random extra PTO day ("Recharge Day")? It seems oddly timed and even stranger that it has to be used before end of October... What game are they playing?
Do you even see a future for Xerox?
Be honest. What are the chances this place will still exist five years from now? In my personal opinion, very slim.
Q2 results and the predictable response
The only predictable in the Xerox world … Once Q2 results announced expect the usual redundancies … September! Just don’t know any different … rinse and repeat
Absolutely zero word or update from anyone about the windows outage today
Zero statements released by anyone higher up, email or otherwise. Sounds about right. We all just had to put it together by ourselves figuring out what wasn't working today. Thanks, Xerox. Did about as much today as I do any other day. It was hard to... — read more
Upper managment
Fireside chats,whole lot of words without saying anything. Has not been any direction or communication for a long time. Only communication we get is negative news about pension, 401k match,vacation accumulation changes ect. Not sure how they sleep at... — read more
How much longer?
Based on historical, how much longer can xerox survive on just cutting its way to profitability? Years? Quarters? Months? Any accounting or ifnancial metrics available?
August layoffs
There were mentions of August layoffs a while ago. What's going on with that?
Comp Plans
What’s everyone think about the new universal comp plans ? Has anyone run any in flight deals through it ? What’s the impact ?
The Problem at Xerox
Stuck with the mantra “we have always done it that way” on numerous occasions I challenged service and processes and, always met with the above statement. Until Xerox evaluate why they lose so many customers, and change accordingly is the only way... — read more
I do believe we can do better
But only if smart people are brought into leadership who would actually take the company seriously. With changes in upper mgmt every few years, a stream of useless people who leave the company in a worse shape than they found it, and a lot of fancy... — read more
Software company??? Sorry John Bruno. No way.
John Bruno said we aren't a copier company anymore in the Fireside chat. That's the biggest joke at Xerox. The overwhelming percentage of revenue is Copiers which is a shock to nobody. But if you were trying to do a digital transformation and become... — read more
Drove threw webster
I started at xerox in 1988 I left in 2019 .the once mighty .all building booming 24-7 15000 employees 5000 union . Tessy plastic took over 200,210,214. Grass is overgrown empty building . Wow the ones that are left I'm sorry. There is life after... — read more
XBS on notice
Tomorrow and Monday will identify who Xerox wants. XBS leftovers will be sales for now, until next audit review. Good luck everyone.
Everybody is still copying Xerox...
Canon just did the the 15% Layoff... Layoff site looks just like ours did a few years ago.. Or as Xerox Mgmt would spin it.. "We were first in the idea of increasing shareholder value by aggressively managing expenses and manufacturing costs... — read more
Xerox ReInvention
Great analysis of what is ahead for Xerox. https://www.youtube.com/watch?v=w6VycjaUqKM
fireside
SB sounds tired of even his line of bs during this call
Everybody and their mother is leaving
If people keep quitting at the same rate they have been over the past few years, we won’t even need layoffs anymore. At all. Everyone’s burnt out and leaving in huge numbers. They’re also taking their skills and knowledge with them, but it’s not as... — read more
XBS consolidation
Consolidation "Restructure" continues. Xerox is currently auditing XBS core abundant staff. There is an redundancy within the regional cores. They have their eye on reducing OOG and call center staff. Expect reduction in force by end of summer. — read more
Production/GC sales & staff?
Are any of the production sales and staff still around? Havd ghey all been layed off or left on their own? Kinda curious what LilSean does now that the gravy train has gone dry.