Thread regarding Xerox Corp. layoffs

Xerox’s two favorite words,” Headcount Reduction.”

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Post ID: @OP+15D8RiN0

9 replies (most recent on top)

State the obvious, dying business , global pandemic . Xerox will merge/be bought within a year

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Post ID: @4hdj+15D8RiN0

Xerox is squeezing the turnip dry...
Everyone gets a turn in the barrel.

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Post ID: @2aqs+15D8RiN0

A symptom of Death throes. A lot of disgruntled employees trying to vent their frustrations.... it’s sad.

Long story short, are there more layoffs coming? Of course. It’s been that way for 20 years. Will the COVID 19 may be a death knell? Maybe.

The many (mostly U.K. ?) furloughs may have delayed the latest round but there will be more layoffs coming.. Even in good years, there have been layoffs mid and end of year. I would be surprised if there aren’t some soon.

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Post ID: @emk+15D8RiN0

Useless post.

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Post ID: @rhi+15D8RiN0

Of course this company has no other play to increase profit just wait for post Covid it’s going to be a bloodbath

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Post ID: @pdk+15D8RiN0

Here’s 2 words to describe C I. Greedy Csucker.

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Post ID: @oma+15D8RiN0

Please stop using this site for little messages. It isn't doing anything for anyone.

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Post ID: @uix+15D8RiN0

It is THE only way to recoup some semblance of profit unfortunately. We’ve known this for 20 yrs. it should be no surprise it will continue.

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Post ID: @inn+15D8RiN0

Yep, that has consistently been their quarterly message this past 20years and then some. Does this sound familiar, “We need to take a re-structuring charge.”

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Post ID: @fhx+15D8RiN0

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