Thread regarding Xerox Corp. layoffs

Benefits will continue to erode

That is one of the easiest ways for the leadership to save money. They laid off too many people as it is so that avenue of easy cost savings is gone, for now at least. The next best thing? Cut whatever you can from the remaining employees. They'll continue doing it until there's barely anything left. I just wonder what they plan on doing when there's nothing left to cut there.

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Post ID: @OP+1eVAAevr

3 replies (most recent on top)

When is the RIGP lump sum going to be eliminated?

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Post ID: @bvzv+1eVAAevr

And all the past warnings about xerox were right and now it’s showtime.

What in the world are you waiting for?
Good Lord.

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Post ID: @lsj+1eVAAevr

Chapter 11 is on the horizon. The private equity wagons are beginning to circle the company. By the time this carcass is drawn & quartered employees will be taking part time jobs at fast food drive-thrus, Uber and Instacart evenings & weekends just to make ends meet.

Leave as fast as you can while the job market is smoking hot.
More companies are boosting 401k matching in order to attract talent.
The Xerox brand still has value in the job market, but not much longer.

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Post ID: @rgd+1eVAAevr

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