Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

IEP Stock Price

IEP closed below $24 today (Wed) with a one month high price of over $51 (50% + decline in one month).

Talented employees are somewhere else

The hardest thing to admit to oneself is that being stuck here is the result of not having enough talent and skills to get a better job. What is the reputation of Xerox employees on the job market? - It's not a good one. Complaining is fine, but... — read more 

Carl Getting Icahned

https://www.fa-mag.com/news/carl-icahn-is--15-billion-poorer-after-hunter-becomes-the-hunted-73294.html

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| 1600 views | | 4 replies (last May 24, 2023)
Post ID: @OP+1mM5elXW

Simple question

Here is a simple question I would like management and HR to answer: if research shows that the reward and recognition people want are things like pizza parties, lunches and Starbucks cards for all their hard work how come sales, B and A bands... — read more 

Lexmark + xerox = ?

If Lexmark is a security vulnerability and xerox is relabeling Lexmark gear…. How is this not a concern? The report also stated that Lexmark has “connections to Chinese military, nuclear, and cyberespionage... — read more 

Ricoh Toshiba Merger

"... and the king will be left standing alone, like a guy on a street corner." No solid OEM partner for xerox. Beginning of the end is accelerating. https://www.industryanalysts.com/051823_ricoh_toshiba/

Stock Price

Lot of hot air about having a good Q1. Meanwhile Xerox stock price is down 2% this year, while the S&P is up 7%. Just for fun, HP is up 11%. Xerox is a dog with fleas.

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| 1230 views | | 2 replies (last May 18, 2023)
Post ID: @OP+1mFxa2ti

Last day to sign the MAA

If Employee does not wish to accept and be bound by the terms of this Agreement, Employee must terminate their employment before the Effective Date of this Agreement, May 15, 2023.

Age discrimination lawsuit?

When I worked here, there was a program that paid employees to retire as long as they were 60 years old. When I left, I tried to get that same benefit and was told by HR that it was not allowed any longer. I'm wondering if any other former employees... — read more 

I feel sorry for some of you

The work-life balance at Xerox is absolutely atrocious, and what's worse, most of these poor suckers actually choose to work longer hours just to ensure they look good to the higher-ups. In a company that is on the verge of dying and that only hands... — read more 

FREE SHIPPING (& Handling?) !

You fools! That’s the sweetest plumb! Xerox not charging for S&H is truly a sign of the end! https://www.shop.xerox.ca/en/supplies-accessories?utm_source=xcom&utm_medium=homepage&utm_campaign=freeshippingsupplies

No transferable skills

I would leave this place if only I could get something better. Problem is that I don't have transferable skills to get a better opportunity somewhere else. Unfortunately, my skills have atrophied while working here to a point where I'm no longer... — read more 

"Those that live by the sword die by the sword"

"Carl Icahn’s Empire Propped Up By ‘Ponzi-Like’ Scheme, Short-Seller Hindenburg Claims" Activist investor Carl Icahn's wealth plunged by $10 billion on Tuesday after Hindenburg Research targeted Icahn Enterprises with a scathing report. The news is... — read more 

Life after Xerox

I left a year ago after 12 years and more than 30 years in the industry. There are many opportunities waiting for the many skilled and professional people I worked with. Just have the courage to make the leap! Life after Xerox is brighter than I... — read more 

Sales representatives

It’s funny how “certain “ sales rep that never goes out to sell but she manages to sell sitting in her “corner office”. Wow! How amazing. While the rest of the reps at this Miami lakes location spend all day hustling trying to get deals done. We all... — read more 

You Too Can be an Activist Investor!

You’re My Hero Carl! https://www.cnbc.com/2023/04/28/carl-icahn-slams-illumina-q1-results-and-cost-cutting-plan.htm Excellent template resource! “______ CEO ______ seems to believe that he can fool all of the people all of the time,” “Those not... — read more 

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| 1470 views | | 1 reply (April 30, 2023)
Post ID: @OP+1mmpMT4t

Do NOT sign MAA

DO NOT SIGN the MAA document, this is very unlikely legally enforceable, and a scare tactic if you are already employed. If you have 401K money managed by Xerox (via Voya), pension due, or the possibility of any legal (or medical) claim this is a... — read more 

Prioritize what needs changing

I no longer harbor any illusions that things will get better here. Nevertheless, I can't help but sometimes wonder about what could be done to at least slow down the decline of the company, that is, what would be the priorities to change?

Q1 figures

Financial Summary Q1 2023 Revenue of $1.72 billion, up 2.8 percent year-over-year or up 5.5 percent in constant currency. GAAP earnings per share (EPS) of $0.43, up $0.81 year-over-year. Adjusted EPS of $0.49, up $0.61... — read more 

Age Discrimination Lawsuits?

Anyone know of any class action lawsuits against X with regards to Age Discrimination (specifically referring to the HCL action a few years ago)?

LP resigning rubs me the wrong way.

A legal expert leaves just as the mutual arbitration agreement drops. 2018: "Pastor will oversee all of Xerox’s legal affairs, including legal aspects of the company’s various strategic initiatives, and lead the company’s corporate security and... — read more 

PARC is gone

Donated to SRI International, a research company. Email from CEO just now.

Stocks

So how is your Xerox stocks?

IT Services

Any rumours around IT Servicing restructuring globally?

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