!
13 replies (most recent on top)
Steve is the most selfish of all. If we truly had performance based comp, he would owe the company millions.
@OP at this point... isn't it a good thing?
@pm it is not about shareholders or they wouldnt have cut dividend it is about padding their wallets, thats it.
Does anyone else remember in one of the early Reinvention discussions they were talking about how they would be making cuts and Stevie boy said "if you were worried about yourself you were being selfish and needed to look outward and think about what is best for the company"??
Morale couldn't be any lower but let's keep cutting benefits and lay off people in these last few months of the year.
I've been putting my resume out there for months but the job market is sh*t.
Xerox have done this every year like every other large company. It’s about pleasing shareholders and they don’t care about the boots on the ground.
No Santa Claus in this company!
Q3 10/28/25
It will be early this year. All he-l will break loose on the Q4 earnings call, with Lexmark debt added, and a Goodwill write down that will blow past $1BN.
"@ac which roles/locations?"
15% focused on XRX US employees. All roles and locations. As usual.
@ac which roles/locations?
Some have already been informed for end of Oct.
Merry Christmas
Along with declining revenue, poor morale and clueless management the one constant in this company ….layoffs during the holidays…