Thread regarding Xerox Corp. layoffs

Q4 results

Anyone care to predict Q4 results? Specifically whether revenue is flattening as promised to Wall Street?

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Post ID: @OP+13aWCtoM

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How can revenue be good when they're paying my salary, the 4 people off shore trying to learn and do my job and failing miserable I might add, now multiply by hundreds of others just like me
After 5 months of transitioning my end is no where in sight, epic fail 🤔🤔

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Post ID: @2rtm+13aWCtoM

Interim CISO is forced on same path as most remaining Webster based XDX staff. That is, not being offered a Raleigh position. Mgmt hopes these will resign so severance is not necessary.

Can we get back to Q4 results?

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Post ID: @2gcb+13aWCtoM

RE: Krishna Marella is new CISO.

So what happened to the Interim CISO ? Laid Off ?

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Post ID: @1nij+13aWCtoM

Equipment, Service and Supply revenues will decline greater than forecasted. Profit is a guess at this point based on the botched handoff to HCL. I am hoping that some Wall Street analyst is smart enough to dig inside the numbers and push Xerox to release customer retention (Churn). The woeful results should put an end to Xerox's sham attempt to takeover HP.

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Post ID: @1cry+13aWCtoM

The reply to the results are always “we did not have a good year.” This is the same since the 1990s

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Post ID: @1ljy+13aWCtoM

Krishna Marella is new CISO.

  • yet another HP washout
  • no CISO experience
  • will not relocate to Raleigh but will manage remaining staff that must do so
  • will reside in west coast with Palo-man CTO
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Post ID: @1gms+13aWCtoM

RE: GSS

Most of our former GSS positions are now posted in Raleigh. I wonder who the CISO is? Still interim position? Who is left to actually secure the company ??

(GSS = Global Security Services)

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Post ID: @1oyn+13aWCtoM

Revenue - below expectations

EPS - at or above expectations due to IRIF's and rebadging

Profit - down due to lower signings and declining MIF

Johnny V salary - 100x what I made in Q4

Morale - in the tank

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Post ID: @1uva+13aWCtoM

https://imgur.com/a/aoEKFJf/zip

I call this “the mirror”. Judge for yourself what it means.

Regarding prior comment thread, I feel sorry for current GSS staffers. How many remain, 3? At least they outlasted Dr. J...Pray for master card.

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Post ID: @1gyw+13aWCtoM

I’ll bite on that. EPS “good” due to staff reductions. As Dr. Jay now at master card said to us “ I don’t know what EPS is and I don’t care”. While this was actually a frightening public display of ignorance, Wall Street would benefit by paying less attention to EPS and more to technical business fundamentals. This is an area XRX is failing miserably at.

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Post ID: @1oiu+13aWCtoM

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