Thread regarding Xerox Corp. layoffs

Who in their right mind would want to come work at Xerox, which is obvious in Carey. You would have to be clueless, totally uninformed or unfortunately desperate for any job, until you could find something else. Any other viable opportunity for a future with Xerox would require total and complete elimination of Icahn, every current BOD and C Suite member and anyone they hired.

Cut the sales reps that kiss a$$ all day and sell 15k a month that's not enough to cover there salary, cut the overstaffed admin roles that are still "working" from home, cut the core president 's aka glorified sales managers that have no say in Xerox layoffs, cut the the overstaffed shop staff that isn't setting up any machines bc sales can't sell in a pandemic. Cut call centers, Guatemala can answer phones, cut general managers "why do we have gm's? Furlough more service techs, not like economy is opening back up.

Note to self, apply for Wal-Mart position they are striving.

I don't believe now is the time you can do this analysis. The vast majority of companies have hiring freezes now, even if they are in general good financial health.

The examples given may not be current - IBM may not have taken down their postings and want to continue collecting resumes and interviewing. Or perhaps their current business model works better in a distributed environment, so all the cloud computing they do is helped out by the pandemic.

When we come out of this pandemic, if we continue to not hire, then some of what was originally said is relevant. But it's not now.

Likely to be acquired or file for bankruptcy at some point if revenues don’t return.

awesome

Xerox has a hiring freeze in place with a few exceptions due to COV-19 so I wouldn't read too much into the FEW job openings posted now or the MANY job openings posted after the hiring freeze ends at some point.

In order to hire you need “business”. I understand that Xerox revenue has shrunk by 85% in some markets since COVID struck. Pre-COVID level business (which was at an all time low) is not expected to return. Expect more cuts cuts cuts. Hiring? Not so much