Absolutely horrid. Deck was as thin as the substance, which given the size of the miss is really indicative: evident to all that xrx is more lipstick than pig. Only interesting part was the small print disclaimers; Non GAAP Financial Measures. If xrx... — read more 

JB and SB are doing it. New look of Xerox seems to be very well received by the Street. Optimistic about the future. Low performers should be worried (obviously). High performers, giddy up. Change was needed, change is happening, finally.

Would be interesting to really know if TK left on her own, or was told to hit the road? Her package is not listed on SEC Edgar site, I suspect she is still on payroll and it will be listed when she is officially gone, other than a good-bye note she... — read more 

Buckle up folks - the recent announcements have put the proverbial train on the tracks. 15% in Q1 is just the beginning - expect another 15% by June. Some have said this is all overseas - not the case. X leadership is in daily talks with Fuji to sell... — read more 

Thank you for once again providing me with your weekly entertainment. Every Friday after a few beers I leisurely ready through the entertaining posts and comments from the prior week. This week’s were particularly funny. I chuckled more then... — read more 

Oh baby. This is goon-nah be epic! Get your, NBG (Nonsensical Business Gibberish) drinking game on. https://www.businesswire.com/news/home/20240118295014/en/Xerox-Holdings-Corporation-Plans-Webcast-to-Discuss-2023-Fourth-Quarter-and-Full-Year-Results — read more 

Lil Stevies announcement has frozen this place. MOTHING happening around here: no activity. No orders. No installations. No projects going on. Its like everything is frozen in place. What a shitshow in Webster and across NA. INdications that its... — read more 

Looks to me like the company is being very generous with severance. Take a look at the payout/severance for JCS. XRX will pay JCS over $1.7m just for leaving the company. Wow. ... — read more 

Some posts suggesting that TKkk fudged numbers. Can you say more?

Are the layoffs primarily affecting US markets or going to be seeing cuts globally. Aren’t the UK going into a recession!?

The press reporting the 15% story clearly don't get what’s happening. Several of the have reported a 15% cut of “staffers” Its not staff thats going to take the brunt of the cuts. Its SALES. All those former GIS cores, “specialists”, all the direct... — read more 

Are we really going to be in this chaos all the way until Q1 earnings are published? And then, just more layoffs? Glorious reorg, this one is.

I was not able to get on the call. Can anyone give a recap? They never posted a replay. I have only heard so far that he said bankruptcy and that things will break.

JC-S, JW, SH! Gone? Is this it for the iGen?

Our location is in total disarray this week. No work getting done, just people talkong about the layoffs, reorg and what-ifs. Were probably all out of here in a few weeks. Heck, the headquarters “leadership” is probably out too. It definitely has... — read more 

did he say bankruptcy?

Think of all the reorgs, re-alignments, “new” focus statements from Sr Mgt. Ann, Ursula and especially JV and Stevie, told employees, customers and the stock market all kinds of things that were going to be growth engines: business process... — read more 

Are all the production inkjet tigers gone already?

What is the package to volunteer for US based employees? I am not volunteering until I know what the offer is - it might just be a bigger box to pack up your '#$!&' and get out. If that is the case I will take my chances - and hope to collect more... — read more 

Did I hear right that senior leadership is actually bringing back CEO club this year?? We just announced a “strategic realignment” that means eliminating 15% more of our workforce and someone thinks it’s a good idea to go spend millions on a trip to... — read more 

RB is taking over JCS's responsibilities on an interim basis. AL from ESI is out (unsure if fired or resigned) and KP from C2 in VT (2021 ITS acquisition) is taking on some/all of his workload, which will be a disaster. RB is saying there will be... — read more 

I've been working here for years, and went through so many reorgs that I lost count on how many times I dodged the bullet. I don't stress about it anymore as much. Over years you kinda develop your own coping mechanism and the routine of putting... — read more 

Which areas can consider themselves safe from cuts?

Walking away with severance is the best you can hope for at today's Xerox.

Tech layoffs in the spotlight again as 2024 kicks off with Xerox job cuts The printer and copier maker announced plans to cut 15% of its workforce Wednesday Tech layoffs are in the spotlight once again after Xerox Holdings Corp. announced plans... — read more 

What happened with JCS and TK? Louie Louie is back!

Steve B announced a 15% reduction in force this morning. Reduction will happen this quarter.

Is anyone hearing of more re-org plans within XBS and what's remaining of the cores? Given RH wasn't replaced and the recent retirement of JCS, what is the plan and who's leading it? I know they paused on a full "integration" during COVID - I've... — read more 

I'm one of them, how many others are looking for a way out?

Look it up

Thoughts? Any Xerox layoffs? Any chatter, news or rumors?

Lots of beans being spilled about how they're 3rd partying nearly everything out next Q.

Coming in Q1 2024 the massive shakeup and reorganisation we have all been waiting years to happen. Look for Xerox to remedy the Fuji relationship, SAG expense, global geographies that are under water, and fix having competitive product (sold by FBI... — read more 

https://www.myronbowling.com/current-auctions/xerox

https://reviews.canadastop100.com/top-employer-xerox Here are some of the reasons why Xerox Canada Ltd. was selected as one of Greater Toronto's Top Employers (2024): Xerox Canada encourages ongoing professional development with generous tuition... — read more 

I keep hearing rumor.

https://www.reuters.com/markets/deals/us-xerox-sells-russian-operations-local-management-2023-10-11/ Sold to local businesses for undisclosed amount

Late September, Xerox took a bridge loan to buy back shares from Carl Icahn. Xerox has secured a new loan for $550 million to replace the short-term bridge loan with a supposedly more manageable long-term one. So far, so good. but here is the... — read more