People seem to enjoy being alarmists. Yes, situation is bad right now. A lot of people are being laid off. But we still have over thirty thousand employees. We are far too big to go under in a year or two, as some people keep implying.
We are adjusting to changes in the market. I personally believe we'll be in a much better situation soon. But I guess that narrative doesn't fit the overall theme of "woe is me" that is prevalent here.
Don’t bet on it !
In the mid to late 70’s employment
was over 100 thousand worldwide.
"Woe is me"? Screw you. You say that to the poor people who just got screwed over. Jerk.
Xerox Is NOT too big to fail. Kodak had 60,000 Rochester employees in the mid 1980s. In 2010 + 2011 it failed big time. TOday they have 1,500 Rochester employees. It goes very quick. Layoffs every Quarter.
Everything that I read on this site sounds exactly like when I was downsized from Kodak at the end of 2010 after 25 years.
Xerox is definitely done. If it wasnt, that incompetent weasel, Kevin Warren, would still be working there. What a waste of a salary.
I would say the original poster’s Glass is half full, but Xerox at $6.9B cap makes it worth abt 5 percent of what it was worth when I first worked there. All the company does is cut. Customers use the products less and less. That leads me to believe the poster lacks a brain. They have no understanding of business.
Kodak is a perfect example here. This article points out just how much it shrank in Rochester NY (even today I have heard they are under 1500 in Rochester).
https://www.bizjournals.com/albany/news/2014/03/21/kodaks-rochester-ny-workforce-dips-below-2-500.html
The person who posted the original message needs to be d--g tested.
Last 2 posters, thank you!
After 30+ years, my final days are quickly slipping by. I really needed a good laugh!
My guess is that the original poster is mgmt, once again spewing his/her verbal vomit, assuming we're all stupid. But we're not, just loyal to a fault, and now we're paying dearly for that misplaced loyalty.
Sweetheart, your village is looking for you.
Who gave the Original Poster a computer? We should be thanking Rectum for not extending their network to more 315ers like her.
:-(
Original poster is an id--t....seriously low IQ
Original post by someone in management, or in complete denial. Only the name of Xerox will continue to exist.
'm a realist, not an alarmist. ( but you can keep trying to save the new hardwood floor in the house that's burning down)
There is being positive and there’s being delusional.
They said the Titanic was unsinkable.
The original poster is missing the point. Is Kodak in business today? Yes. Would you want to work there?...No. Its a very small shadow of what it used to be. Xerox has become Kodak. It was slow to adapt and failed to properly adapt to market conditions. People do not want your products anymore. Every time you walk into an enterprise, they want half as much at 40% less cost. This has been happening for a very long time. Xerox doesn't know how to grow and does not have a growth mindset. It has been riding on the annuity for many years. That annuity is shrinking significantly every year. Xerox has had serious ethical breaches. And now Carl Icahn is going to split up and auction Xerox of old. Xerox will become Kodak. So does it matter that Xerox has ~30K employees today? No, because the future of Xerox is extremely bleak. So call whomever you want alarmists. I see a bunch of intelligent realists and a few people in denial mixed in.
Enron - WorldCom - Bear Stearns - Lehman - and others also to big to fail.