You can google search the document; the company has on the investors web page in PDF and other format. Please share your highlights from the documents. There has been some shared in other posts but to kick it off.. Moving US (and other high... — read more
Stock Price hits $1.00 Bingo
Post your Month and Day and Year prediction here..
Fireside Chat
Can you please provide some details on the fireside chat?
2026 Sales Strategy
After Thanksgiving Support your small business (Xerox) Sale.
$1.56 - ANOTHER. NEW. LOW.
Dow? Up. Nasdaq? Up. S&P? Up. Xrx? DOWN 6%... Xerox word salad no longer served with, "headwinds."
"Rewards"
Rewards are NOT learning experiences and more work... "Rewards" are actually paying employees and giving cost of living increases. Calling it now, the ONLY people getting these "merit" increases will be leadership and sales peeps. Meanwhile the... — read more
Your voice
Mandatory now in your training!! . But they can not tell who you are, but know if you have completed it and the data it returns..
New world salad champion
I thought John Bruno was the master of the word salad …. But KK is the new champion. Any idea what she actually said in her monologue
Employee counts
Whether it’s true or not that the company must slash 50% of the workforce to survive, the number of employees has always boggled my mind. Where are all these people working, what groups, regions? Now we are 2x after the Lex acquisition, and it is... — read more
Fireside chat bingo and comments here
Ive got oil routes, headwinds, "the street loves us", and "Moor deffikult disisshuns are gonna be madt". Everyone's free space is (insert random phrase about household economics that doesn't apply to running a business). If you have "comming out... — read more
Island of misfit toys
Y’all have been unconscious on ventilators since Ursula “burns it down”. She infected Xerox with the ACS virus then turned the Company into a Zombie entity shedding that albatross . She was in our location in Lewisville, Tex the day Carl Icahn... — read more
When are the next layoffs? May 30?
I know some groups weren’t hit in the last round of layoffs and we are still fat with duplicate roles due to Xerox/Lexmark teams being merged. And the company isnt doing well. So I suspect more layoffs are coming. Seen a few people say May 30. How... — read more
When will SB go?
Downgrading again of credit rating. Poor results. Low employee morale. Late implementation of integration activities (all sales were supposed to be on new CRM by April now it is only the US). Moving people to low-cost location but they can’t or won’t... — read more
Moody's cut Xerox's credit ratings
The ratings agency on Friday downgraded Xerox's corporate family rating one level to Caa2 from B2. Moody's also assigned a Caa3 rating to Xerox's step up backed senior unsecured notes due in 2030. The ratings outlook was changed to negative from... — read more
Frat BOY culture
Is it just me or is everyone in or that they promote to leadership roles resemble the dudes in college who would do keg stands? A totally weird chest thumping group of dudes. Many who seem to be clinging to the good all days when they were athletes... — read more
US government should cancel
I think it’s time for the fed to stop doing business with XRX hopefully putting SB, the EC, and the company out of their respective misery. We have sent so many jobs offshore that there should be a penalty.
CMO in Melbourne - coincidence the F1 were there
the CMO has just put his story in L’In about special alignment sessions in AUSTRALIA - given the travel restrictions, how come he is there and what a coincidence the F1 was there.
Chapter 11
Reminder Chapter 11 is not an automatic liquidation of the business. It's not the end of the world, is it a bad situation to be in YES but it's not shut everything down and everyone just goes home. Will the company that come out of Chapter 11 be... — read more
Lexmark Lean Six Sigma!
Does Lexmark have more Lean Six Sigma belts than legacy xerox? Less? Does 3 Greens still = 1 yellow?
ATTENTION ACTIVE SALES POLL
If you are an active sales rep…. Type # 1 if leaving after 4/1 Type # 2 if staying after 4/1
April 1 - 20-40 Accounts , Hunting , More Layoffs
Effective 4/1 , every reps account assignments will be slimmed down to 20-40 accounts in total. The remainder will be moved to inside sales. Expect more layoffs, compensation will be moved to net new client acquisition (make the same but you have to... — read more
Embarrassing
This whole place is embarrassing to be part of. Top to bottom.
Spend, spend, spend
We have no cash and no money and yet we are spending money on travel and accommodation like we are high rollers even though the tools to collaborate are good. Service Delivery leaders and the Reaper do a WW tour every month (why?) Our CMO recently... — read more
We've reached the breaking point
We've been losing so many people for so long, especially the talented ones. If leadership came up with the perfect plan right now, we couldn't implement it. We're past the threshold. We've lost the capacity and the institutional knowledge to pull it... — read more
Stock is way up today!
Think it might turn around? I know it won't be quick, but maybe?
New Roles, Less Customers Base, No Salary increase
Working on a large deal? Oh well, come 4/1 that opportunity is gone. Have a large customer base to flip and keep steady commissions in place? Not anymore and no salary increase or draw to compensate during the transition… Tell me RB wants reps to... — read more
Bonuses?
anyone else’s Lexmark counterparts receive bonuses? when us Xerox folks found out morale dropped a lot… we didn’t get bonuses, just the Lexmark folks.
Red lines
I can live with LEX “taking over”. I can live with implementing improved processes from LEX and I can just about stomach the constant LEX narrative of “Xerox are sh** but everything we do is world-class” BUT what I can’t live with is the lack of... — read more
GLobal Imaging Solutions
Sure would like to know why xerox spent millions to buy GIS(a growing/profitable Co.) Only to gut it and turn it into an expense . Seems like a total waste/bad business decision... No wonder stock is hovering $1.70 Lexmark next?
Don't stop searching
Just because cuts stopped for a bit doesn't mean they won't start again. Keep looking now while you have leverage. Future you will thank you.
HCl America
Are there any current HCL employees at Xerox?
Will Q1 save the day
I’m hearing Q1 is not good
Non-Timely 10K
So the brain trust didn't hand in their homework and asked for an extension to file their year end numbers. I'm sure the numbers are great, and they didn;t lie through their teeth on the earnings call.
Employee feedback
Rumour is they are going to do an employee feedback survey. Is the current thoughts and views and morale and feelings and challenges and of the vast number of employees not very obvious? Another crazy idea from crazy KK lady.
U.S. severance???
Can anyone who's been let go recently ACTUALLY CONFIRM the severance package given and your job designation? A3 A4 D2 D4 ETC? I'm not asking what you think, what you've heard or what the documents in SharePoint say, is there someone with a real... — read more
Work harder make less
Work harder, no merit, no bonuses. Not to worry though, Chief Clown Steve and the band of merry pirates continue to raid the cupboards for any and all $$ they can pull out
Correct meter reporting
Just got the email to "ensure proper meter reporting" so we can squeeze every cent due to xerox. We are past the point of picking up pennies on the ground and they can't afford to IRFF anyone else (maybe?? Or not). Very sad.....
$1.72
New low-oh-oh-oh oh-oh (NKOTB jingle). Wow, we're really sinking, gang. How long do y'all think we will circle the drain until we're under a buck? Will the savings from the layoffs keep our heads above water in Q2? I'm in the weeds trying to keep up... — read more
The culture is dead
It's over for this place.