Thread regarding Xerox Corp. layoffs

Xerox is not a good company to work for.

Goes without saying but based on some of the comments I see I think it needs to be said. Xerox good days are long long gone & it’s a terrible company to work for. If you don’t agree ask yourself if you would tell your child to start their career there. Think about that for a moment & let it sink in. Declining company in a declining market - but things are so much worse since Icahn and his John Dickface & cronies took over with the plan to fleece the company & all of its employees. If you NEED to stay for your vacation and so called comparably high pay, do the bare minimum & collect your pay. But for gods sakes, if you are young and still marketable you need to leave immediately. Godspeed!

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Post ID: @OP+12C5Uo06

6 replies (most recent on top)

John Dickface...too funny and so true

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Post ID: @2tfm+12C5Uo06

Excellent summary below @12C5Uo06-ndw

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Post ID: @wly+12C5Uo06

Xerox has been a slowing sinking ship since the 90's. After many years of declining revenue, the bad things associated with revenue decline are happening at an accelerating speed.

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Post ID: @vkx+12C5Uo06

Icahn entered into Xerox before the Fuji merger knowing he could impose former HP management to form an alliance. Misstep #1 as it opened the door to insider trading. We’ve all known for the past few years the goal was HP/Xerox. Bringing in a full team of management for former HP made this clearer. Walking away from manufacturing alliance with Fuji puts Xerox in desperation mode right now. 75% of Xerox and XBS employees from 2016 are gone now. Company is basically dead and needs a buyer. Things will get really ugly at this point. No 5 year plan. This is all about pump and dump. RUN!!!

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Post ID: @ndw+12C5Uo06

Amen. Run don’t walk.

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Post ID: @zck+12C5Uo06

I feel sorry for the managers who have been there for their entire career-thinking it is normal, looking at their success as valid. Sad situation.

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Post ID: @lcr+12C5Uo06

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