The press reporting the 15% story clearly don't get what’s happening. Several of the have reported a 15% cut of “staffers”
Its not staff thats going to take the brunt of the cuts. Its SALES.
All those former GIS cores, “specialists”, all the direct sales jobs are the target. As many xerox sales and sales management positions as possible to be replaced by “channels”
27 replies (most recent on top)
Rumor I'm hearing- Xerox is moving to overtake XBS Core equipment deliveries. Equipment will be setup at carrier and delivering directly to customer. There will be major layoffs to XBS warehouse and operations teams.
Fortunately Xerox Canada (Toronto) is totally safe. So glad Someone worked so hard on all the perks that kept all the elves (median age 50) up north so motivated and engaged. With awards like these how could there be cuts?
https://reviews.canadastop100.com/top-employer-xerox
Slides to be leaked on imagery soon steviee is planning to cut 30 percent of x badged employees in 2024 wow! Par for the course when he sais something x10 to it get the fu-k outta there already.
X is now the std of the print industry no one wants to date it 12 by friday!
ClapFlow
If stevviie can date which he currently can't uts 85 percent strong sell before earnings call
Hahh, hah, hahhh. Ohh yes! Please. Pretty Puhlezze bring the Canada model to the US. Look out below… literally!
https://m.youtube.com/watch?v=OqHJqpeCEBc
X is now the std of the print industry no one wants to date it 12 by friday!
DocuSTD
They can't finance the next round its gonna be bad for the employees that will not be selected to go that means 85 percent layoff not 15 - just the way Norwalk always spins it never telling the truth....
X is down to its last gasp competition too smart to be tricked into a merger or sale suppliers hate Steve Partners despise him employees hate him.
Frankly hp would support accounts the best at this point account acquisitions with no cost replacement to a hardware swap vs touching x with a 10 foot pole for any type of direct acquisition.
X is now the std of the print industry no one wants to date it 12 by friday!
Former xerox he here (before I was outsourced) what previous poster said is 110 percent true and they stalk this site now even under Maa the truth is being told:
INVESTORS VERBOTEN
As an hr practioner I can say it is too costly to layoff in xe and xc so they will concentrate on the US throughout the year. I have been told by the couple of people still at x in hr this is a taste of what's to come the sale of x is being floated by Stevie that you don't go with x yikes!!!! Prepare now....
Gotta love how x treats their long tenured folks who speak the truth and are smart enough to make it past the pr staff who Blick the fu-k outta this site typical x nothing new haters be gating never accept reality...
Your not 32 years x here and you don't know a damn thing, you are a lying sack of $hit who just comes in here to pretend to be in the know and stir the pot.
32 years x here - What every numb nut on here is forgetting are the four p's product price promotion people. X with this crew of pirates at the helm have burnt all of the people no one left, and product on the hardware side is now dead no chance of revival as the firmware that runs it is so fu---d up it can't be fixed the Indians can't they just send canned replies on escalations no real x person who knew how to. Our supplier fujjji has a generation of hardware 5 years post merger fail that they now sell directly but they only sell us the previous generation thanks to jv and sb pi----g them off. Investors be warned its a dog and pony show no one shows up on campus nothing updated since they came only sell offs if you are in talks with stevieee boy run in the opposite direction asap.
Could be possible, lots being managed now in Canada - sales and production - why pay a green salesrep in Virginia or California (and in between) when there are plenty of dealers who have trained salesreps and a mgr in Canada who oversees the dealer asking for monthly prospects and outlooks.
@1jbq+1qy5TgS3 legacy revenue is dead. It's been shrinking for 15 years since the Global acquisition. And Xerox is not in M&A mode anymore. They want to stabilize the revenue - meaning, they simply want to forecast. Smaller revenue = easier to forecast. Eliminate variables. The only revenue INCREASE is diversify... ie, IT Services. Xerox has been trying to shrink the overhead and never be a manufacturer. Sales, service, and preferably a franchise/dealer model. Put the overhead to the dealer channel. The mo--ns thinking Xerox is still trying to make "profit" and sustain print industry is delusional. Eliminate risk and manage decline. Grow the other business. Going to dealer channel gives them access to the revenue decline while trying to pivot to another industry. Wake up
@ @1jbq+1qy5TgS3 you hit te proverbial hammer on the nail. Everything being done helps Fuji. Is that the plan?
shifting to dealers is the fastest way to shrink revenues for Xerox Corporation which gets 20% of revenue from hardware sales and 80% in post sale service and supplies. By going to dealers who do the service and supplies - they can reduce revenue much faster. This may help Fuji the OEM Manufacturer but Xerox needs to figure out how to increase the post sale not shrink it.
They're (RB) saying it's overseas to take the attention but that's just Q1 while they sign more dealers. Sign dealers, expand the channel sales, convert XBS to IT Services, and then layoff 2Q24, 3Q24, 4Q24 who can't sell ITS
Cerox problems are far, far greater than the WFH employees
Jobs was/is right. Product people have rarely run the X, but the periods they did were very profitbale. Current leadership are not product people. FWIW
WFH or WTF: misdiagnosed or mystery how and why. The tracks on the xerox crazy train were laid long ago…
“We are never prepared for what we expect.”
https://m.youtube.com/watch?v=tGKsbt5wii0
The WFH crowd. First time that I've heard them called that.
l'm part of the WTF crowd. The ones that can't believe what has happened to this once great company!
All the people that do laundry, walk there dog, pick the kids up and start late and end early.
In other words the Work From Home crowd. Ask people from other industries and they will tell you stories of the same thing we experience from the WFH group
That “I’ll quit if you make me come to office and be productive “ group might be part of the 15 percent’ers
There is a lot of guessing going on. We will have to wait and see what really happens.
Xbs sales managers
XBS isn't getting cut, from what my manager gathers, it's all overseas branches and technicians once the delivery people are trans trained.
XBS knows it. Ask us why we don’t give a sh:t