Which would you choose? I'm not sure how much truth there is to the rumor that severance goes away after Chapter 11.

Ole SB got $2.2m severance paid out equally over 24 months, plus cash cash ABP bonus and family healthcare for the 24 months. Not too shabby for running a company in the ground.

Xerox is in the process of being sold.

Situation: Layoffs have been occurring almost continually globally for the past period, at least 8 years, possibly much longer. Yet we only here anecdotal information regarding details. Idea: Instead of just posting here, alert any remaining local... — read more 

No surprises. Identical thing happened to Radio Shack, it’s like a rerun of a train wreck in slow motion. Everyone thought it would be okay. Didn’t turn out so well. Especially if you had a battery of the month club card. Not good.

Group, I should have been more aware of my demise by reading this forum for the past couple of years. I should have put on my clown shoes a few years ago and sat on the plank of the dunk tank as you all would have saved the company at 10 quid a... — read more 

At this point, it makes the most sense to file CH11 now and start a planned slide into restructuring, ensuring the best possible outcome and odds for survival. Save the company, and as many jobs as you can. They will not do that. As bad as things... — read more 

Just remember when Chapter 11 hits and severance goes away you were offered a VRIF when you are walking to your car after a IRIF hits you.

Don't just sign up for the volunteer irif, speak to a laywer first. There are plenty of lawyers that offer free advice, even online. If you sign up for something like this, you could miss out on benefits you would normally receive if you were irif'd... — read more 

If the severance is the same as IRIF, then it’s not worth leaving. If you volunteer you won’t be eligible for unemployment. OP: @at+1knsb3cc4

Posting this info because I didn't see a definite answer on how much severance pay we will get if let go during the layoffs. My boss just told me that when the last layoff happened , and my coworker was let go from our department , he received TWO... — read more 

Things are so messed up at Xerox right now that I’m constantly running into situations where no one can give me a clear answer to ANY question. You ask one person and they point you somewhere else, and it just keeps going in circles. I know decisions... — read more 

this has to be some reality show at this point, where are the cameras? All you can do is laugh. Who in their right mind will voluntarily raise their hand to be terminated… only to find out volunteering yourself does not gurantee termination. They... — read more 

Can I nominate someone else? A few names popped into my head when I read about this.

Now I’ve seen it all! Clown show

Xerox Holdings Corporation is asking shareholders to vote at its 2026 Annual Meeting on May 20, 2026 in Norwalk, Connecticut. Investors will elect nine directors, ratify PricewaterhouseCoopers LLP as auditor for 2026, and cast an advisory Say‑on‑Pay... — read more 

SB being axed by the board was the final nail in the reinvention coffin. None of its architects or proponents are left in Xerox (JB,MG,SB, DMP). All gone. The street, analysts, investors, rating agencies and financial institutions have all voted with... — read more 

https://business.toshiba.com/news/toshiba-expands-its-high-output-print-portfolio

There are ongoing concerns about a Southeast team member acting beyond their assigned responsibilities. Multiple customers have reported unprofessional communication, which is negatively affecting client relationships. Additionally, decisions being... — read more 

I quit / retired in 2024 after 38 years due to tge new management - or more aptly mis-management. I could only take 50% of my RIGP pension as a lump sum to move to my professionally managed IRA and now get a monthly check for the balance that only... — read more 

If that happens to me personally, I'll consider myself a complete failure.

If we had a honest fireside chat right now the following would need to be said; please add what else you think is missing ·      Xerox currently has a hiring and retention talent problem where we can’t hire or keep the right level of staffing... — read more 

Of Xerox files for bankruptcy would that include the now separated Xerox IT solutions as well? They split awhile back like it’s a separate company.

Genuinely asking. I've never been through that before.

Hearing some buzz about Xerox filing for bankruptcy within the next week.

Things feel eerily quiet.

Top 3 answers Not as good of a worker as everyone thinks. Very lazy and don’t like change in daily routine, but still wanna get paid. It gets me out of the house, and wife says I need to have a job of sorts. Anything you pick tells one loads... — read more 

https://youtube.com/shorts/T16L7PaVLTw?si=6MPZP9vQ3U43eTPn

The CMO is such a clown. So desperate to be viewed as important and yet contributes nothing toward improving the performance of Xerox. His politically correct pronouncements, his silly cliches, irrelevant pronouncements and pointless posturing do... — read more 

Bandy is out, Louie (a guy who came along with Icahn, left, and then came back—no one really knows why) is in. Company says “business as usual” and reaffirmed 2026 guidance. No mention of sale, Fujifilm, or strategic review. The fun theories... — read more 

Its not complicated: Deason family wealth manager is the chairman. He bounced bandy in preparation for sale to Fuji. Darwin has been deceased for a while and the family wants to get out of X whatever they can. Louie is just a placeholder until a sale... — read more 

Was just told enterprise and XBS will be one sales team starting tomorrow and Dealers will be getting a bunch of XRX Mif. Anyone hear about this?

Now that we are down one CEO will we lose another one before Chapter 11 filing? Who will be the one holding the pen signing the final page of the chapter 11 :)

It would take a miracle worker to turn this ship around.

Louie’s first order of business is to unwind the purchase of Lexmark so that Lexmark can go on to have a great and successful history and not one that was ruined by Xerox.

Apparently SB has just been told to hit the bricks

Ok, let's say they need to fire ~10,000 people to stay afloat in some form or fashion: With severance, UI insurance, COBRA, and other sundry items, lets say it costs $10K on average. Not just the package, but the actual total cost of firing someone... — read more 

SB didn't get what he deserved, quite the opposite. He has a golden parachute, which only pays out reliably IF/WHEN the company isn't in CH 7 or 11. Parachutes get trimmed down, and sometimes eliminated entirely in bankruptcy. They didn't throw... — read more