Since the end of Q1 is approaching just wondering if anyone has heard of layoffs that are coming.
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Significant layoffs in March. Sadly they never communicate very well, so we all need to inform this board when actions occur.
I know there will be cuts in 2020, I was just wondering if there are any specifically planned for March since Q1 is usually when a lot of balance sheet "window dressing" occurs. I haven't heard anything at all about further rebadging or layoffs, which isn't normal around here.
If you’re in XDX, beware the Ides of March (and FY 2020).
“Y’all better get to the front of the canoe and start rowing or get off the boat” and “there won’t be any layoffs”.
Yes, cuts will continue through 2020. HP has taken measures to stop Xerox at this point. HP said they may entertain buying parts of Xerox, if they see any value. They may not want the parts where you work. HP holds the cards at this point and they know the longer they hold out the cheaper Xerox becomes. In the meantime, Xerox will continue cutting costs to remain solvent and will start looking for a plan B if HP doesn’t make an offer. Keep in mind that Xerox is under the gun with the draw down of Fuji manufacturing their goods next year.
My uninformed opinion is that no major changes will happen until Xerox buys HP, or HP buys Xerox, or HP completely rejects any sort of merger. Until that happens, I can't see making changes that would be hard to undo.