Thread regarding Xerox Corp. layoffs

XBS Release Letters

Heard some XBS cores got their letters identifying when most badged employees had their targeted end dates. What Cores received these?

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Post ID: @OP+11e21vkW

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So what is the details on the letters? You are provided 60 days notice from today so your end date will be what end of November? Do you continue to work for those 60 days? Any mention if there would be additional Severance after those 60 days?

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Post ID: @qdz+11e21vkW

There's more. Just heard this morning of a new non-disclosed Xerox project to have another go at spans & layers, so more cuts across management and that's no so bad, but there will also be more staff cuts as well. This is just continued support of a cut-to-profit strategy to keep investors at bay while the C suite and executive committee reap personal rewards in bonuses.

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Post ID: @jup+11e21vkW

Sad but true. Wish you all the best and I really wish our path forward was with a leadership team that saw the value of local. This company is and will be dead.

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Post ID: @dup+11e21vkW

COTG received them. It’s officially true. Start looking because your job is next. Good luck sales dealing with India!

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Post ID: @xqg+11e21vkW

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