Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

XBS Presidents

Core Presidents are next up to get hatched. There will be V.P.'s of sales and department managers running operations and reporting directly to Xerox heads. President s slowly being depleted until eliminated.

3 Years and 30% of us are gone

We are approaching the three year anniversary of the John V-Icahn takeover. When JV took the role of CEO, there were 38,950 Xerox employees. Three years later that number has been reduced to 27,500. This means 29.4% of our colleagues and friends... — read more 

XBS Sales force

It's now sales turn to sweat bullets as layoffs phase is now in effect.

Working for Lexmark?

Does anyone feel... morally unsure about associating / supporting Lexmark, 100% Chinese owned technology company? Maybe these concerns are... — read more 

Far from it that layoff was the worst experience?

I wouldn't like to exaggerate, there were also some very good things, but now that I think about it, most of the time I despised working here. It’s interesting how much people can suffer before deciding that it’s completely unnecessary and that it’s... — read more 

Consulting financial advisor

When it comes to doubts about lump sum this is perhaps the best advice: consult a financial advisor because your situation will depend on it. If your ready to retire, have low debt, paid or almost paid off a mortgage etc, than the lump sum... — read more 

Iconic board members have disastrous performance

It's interesting that both the Xrx board members controlled by Carl, as well as those Carl owns sitting on other company boards have a a record of not improving shareholder value, but instead of tanking it. Carl is buying his way into the director... — read more 

Keeping that laptop?

So xerox want me to return my macbook pro (4 years) with zero book value (agreed by manager). I'm told they'll invoice me more than its worth new if I keep it. My last manager before I left was actually a very decent guy. I liked him immediately. I... — read more 

Pension VS Lump Sum

Is the Lump Sum option still available? The IRS Segment Rates are at an all time low and life expectancies have increased. These are components of the lump sum calculation that would substantially increase the lump sum value of your pension. If you... — read more 

Carl is loading up on Xerox Stock

What's coming next? I don't think it's difficult to see. The company and the entire print industry is facing an accelerated demise on a known trajectory, office printing is about to be as valuable as 35mm Kodak camera film. This idea that Xerox will... — read more 

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| 2581 views | | 6 replies (last February 24, 2021)
Post ID: @OP+19seW24E

Lexmark

Talk me about this Lexmark deal - what’s it mean and what’s going to happen?

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| 10390 views | | 23 replies (last September 3, 2021)
Post ID: @OP+19rWluOd

Techs are hardest worked employees now

For months now the technician workforce has been reduced again and again. Now we are the hardest working people left in the company forced to do the workload of 3 people. Repair budgets get smaller and smaller so bandaid fixes is all we are allowed... — read more 

You’re gona get fired

Whoever is making these fluff posts you know Xerox can track who makes these posts and eventually they will find you. No telling how many people have been let go for posting on this site in a way that demeans mother Xerox.

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| 2483 views | | 8 replies (last February 26, 2021)
Post ID: @OP+19ok5UTf

Who buys Xerox?

We all know where this is heading..... at some point, Xerox will be broken up and sold. XBS will be sold at a premium while Xerox is sold for pennies on the dollar. Question is, who buys what?

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| 1652 views | | 1 reply (February 15, 2021)
Post ID: @OP+19oBpUAa

More Fluff Pieces Please!

Looks like we need to push some ripe stinky posts down. Any topic will do... Feel free to regurgitate some old favorites!

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| 1110 views | | 1 reply (February 13, 2021)
Post ID: @OP+19olqwHN

Who can rescue Xerox?

Is there a partner who could rescue Xerox? A manufacturer perhaps? Even a merger/buyout? Is there any possible path???

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| 1680 views | | 6 replies (last February 19, 2021)
Post ID: @OP+19oT7iTr

How does Xerox end 2021?

Any guesses on big moves Xerox makes this year? Seems like it’s been relatively quiet lately.

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| 1620 views | | 6 replies (last February 15, 2021)
Post ID: @OP+19neS9OX

Cease and Desist from Xerox

Just got the classic cease and desist letter from Xerox. I had left the company and went to a competitor about 6 months ago. Admittedly, I’ve been in contact with my previous customers... Many of them will be leaving Xerox regardless due to inability... — read more 

Investor Day - Feb 5, 2019. Two year review

2 years ago Xerox presented quite the smoke and mirror show, including “ Xerox anticipates that it can achieve flat to growing revenue by 2021”. Folks, 2021 is here. 2 years into the 3 year strategy, little has been achieved, but the pandemic has... — read more 

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| 1450 views | | 3 replies (last February 10, 2021)
Post ID: @OP+19lHwH0Q

Dealing with Askhr, aka HR

Anyone else having issues or concerns with our obvious overseas HR. Emails are awful and it's like playing tag, I only get responses at 3am. Thete is an obvious language barrier when it comes to trying to communicate a problem It's concerning... — read more 

Make Xerox Great Again

Put on your Tech-Powerhouse hats on!! Xerox can’t provide service or toner to existing customers so the new plan is to start even more failing ideas!!... — read more 

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| 3310 views | | 18 replies (last February 8, 2021)
Post ID: @OP+19dZrBRe

Layoffs predicted

So according to the latest Xerox Q4 results release, Xerox laid off 750 in Q4 last year and 2300 for whole of 2020. Worldwide. Did anyone get that info onto this forum?

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| 2102 views | | 3 replies (last February 2, 2021)
Post ID: @OP+19c00lEd

Severance pay short changed?

Curious as to whether Xerox Direct Techs IRIF'ed in December got all 8 weeks minus taxes and was it what you thought it would be? Mine came up about 1600 short assuming 8 regular weeks of pay minus 8 weeks of regular taxes

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| 1700 views | | 4 replies (last February 1, 2021)
Post ID: @OP+19brsq3H

Self-Confidence after a layoff

Does anyone have a problem with low self-esteem after getting laid off? It bothers me a lot. Despite the fact that I am aware that the dismissal has little to do with the quality of my work, it is quite difficult for me to tell people that I am the... — read more 

With this attitude, more layoffs are guaranteed

From the earnings transcript: We plan to save $375 million as a result of Project Own It in 2021. Through robotic process automation, we have streamlined routine tasks, including managing service tickets, updating asset data and processing customer... — read more 

401K empty

Did Xerox empty out the existing 401K account and force it into Voya today??

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