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
let me be the first to say
Good riddance !
Emp Satisfaction Survey
Anyone think Steve B leaving has anything to do with survey results? Everyone fill the survey out as scathingly as me?
Steve B Leaving
Looks like Steve B’s leaving was a complete surprise to Louie.
Layoff update
layoff today in stanford. 1 person identified
SteveB out
Voluntarily(?). Louie in, and doesn't appear to be as Interim. Too little, too late?
Bandy resigns.
F’ing coward!
Well, there he goes.
Can't blame him, everyone is jumping ship, why wouldn't he.
CMO liked this on LinkedIn
https://www.linkedin.com/posts/jamieschorr_xerox-has-lost-75-of-its-market-value-in-share-7440843685967323138-DQww?utm_source=share&utm_medium=member_ios&rcm=ACoAAAfaElsBwXinezoJMaXHkbihsRTojWhnJRU How confidence inducing
One of the most painful and unsatisfying jobs I've ever had
I can't believe I put myself into this position. The environment is toxic, we have extremely poor people managers, most of them are micromanagers, and tools and processes are broken or ineffective. There is massive burnout not just in my team, but... — read more
Curious...
Anyone think the company will take care of you and your family? One has to be d-mb to plan on staying with Xerox. They can't even afford to debunk this site. The whole organization has decided to keel over to die... Shame on you if you still work... — read more
Vanguard
Anyone see this? https://www.stocktitan.net/sec-filings/XRX/schedule-13g-a-xerox-holdings-corp-amended-passive-investment-disclos-e4b7eca95ede.html Assuming this is just more bad news piled on….?
Xerox RIGB Funding Update
Annual funding notice is out, 76% funded. Remember IRS regulations say if under 80%, you can only take 50% or half in lump sum, the other 50% in annuity. If it were to go under 60%, no lump sum per IRS. Xerox is required to make annual payments to... — read more
Officers comp hard to find online...
Want to know what Bandy paid himself for his nonsense.
I don't think there was ever a time when I cared less about my job
I don't want to be fired, but I have no intention of going the extra step either. I just do what I have to and that's it. All my extra time is spent looking for something else. And to think I used to love my job.
Mandatory in Office
Things are changing.
No more Severance Rumor?
Would they do that? If ch 11 is filed is severance also gone?
$1.28 - ANOTHER. NEW. LOW.
Dow? Up. Nasdaq? Up. Xrx? DOWN… More Tailwinds Please!
Q1 numbers - any chatter ?
Was curious to see if anyone has heard any rumblings, chit chat and such about the state of the Q1 numbers so far?
Startup Model for a "Fortune 500"
Welcome to Xerox, where we tout our Fortune 500 status (likely will fall pretty soon) while changing and adding new systems for our sales teams without sufficient training, no change in expectations, increasing the pressure, disincentivizing big... — read more
Anyone else just get a message about being banned from their e-mail?
Tomorrow might be wide open for me..
I wouldn't be surprised if we get sold
The past year and a half has felt a bit like end game.
Xerox logo on Aston Martin
Stick your logo on the biggest loser in F1. Two double retirements in two races for 2026. Zero points! Stroll, the biggest loser in F1... Perfect fit. Perfect match for Xerox. Waiting for $1 stock value just to lmao...
Playing music while she sinks…
SB (Stevo) dips a Dunkin’ donut into that lukewarm excuse for coffee… pauses… little gleam in his eye… bodyguard standing there like he’s protecting nuclear codes instead of a guy marinating pastries. I mean, I find the whole thing hilarious. Is SB... — read more
Heads Up and Be Warned
First week of April.
The Endgame (literally)
Disney spent more on MARKETING for Avengers Endgame than the ENITRE MARKET CAP of xerox right now. $1.36/share or 34cents from that 4 way reverse split. Dislisting is the sub $1 market which will probably be before summer
LP started as a young punk
Now he’s a middle aged man looser who made more money than he deserved
End of week crash
What happened at 3pm today? Stock took an instant hit. 1.40 to 1.34 in an hour. Did lean six sigma or the java ui do this? Is it Fat five beta now? Is there a new jdk ui?
Next Round around the corner
I overheard a director say just listed every employee whom reports to me as possible candidates for the next round of lay offs and I'll tell my managers to give me solid reasons why I should remove each person you want removed.
Human Resources
You’re either still here because you're new and have no idea you’re now on a 747 on its way into the ground, retiring soon-and praying you can last long enough to make it out, searching constantly for another employer, or just an id--t and think all... — read more
I still don’t get it
How can Steve B still be here when you look at the results (internal) and the stock price (external result) and the trend over last 4 years (consistently down so it is something systematic). I am genuinely asking as to how the dynamics and politics... — read more
Your Voice - Survey
Had a manager briefing call today, and they were very evasive regarding questions about anonymity in regards the survey. The anonymity questions was raised by multiple managers in fact. Tread lightly would be best.
Xerox has never cared about innovation
True story. Back in 1998 I had some ideas on how Xerox devices could incorporate features that customers were going to want. These were device wipe, encryption and similar security features. I was able to get these ideas to a product dev team. The... — read more
3 legged stool, or for PMPs the “triple constraint”
Senior leadership ought to know the 3-legged stool concept. PMPs are required to, it’s just called the “triple constraint”. In light of this, we have the following text in the purposely delayed 10-k: “These efforts are expected to support... — read more
What made Xerox stock rise and fall so fast in 1999?
Historically, highest it has ever been. It really shot up in 1998/99 and then tanked. What happened during this time? Besides the Honolulu stabbings that happened well after stock was falling.
Paying people to do nothing
Why is Xerox still paying people to essentially do nothing? I know quite a few AR and claims jobs that require 1 person tops to do yet they still pay them...
Krusty's Clown Show
I've worked with some inept clowns, at some inept companies, but I've never seen people so high up in any organisation, who couldn't organise a four year old's birthday party, until now. You have lost any influence over any staff, aside from the... — read more
Can you just lay me off already?
Can we bring back the process of signing up for not-so-distant future layoffs? I know one of you executive committee traitors is reading this.
Just look at the stock price!
What did you think was going to happen when R&D was outsourced to Sanjay? Tech-power-house = outsourced garbage. You're fooling no one anymore!