I think we are at a point where they have nobody left to lay off without seriously hurting productivity. They have cut everything they could - anything more will spell certain future failure for the company.
Unless the couldn't care less about Xerox's future. In that case, anything is still possible.
Layoffs of American and European workers will continue. In order to support the excessive and unwarranted salaries quality, safety, customer satisfaction, not even a consideration in corporate America.
If you don't mind, I'll still worry. I'm a realist.
HCL will spend all this money training and their unqualified people will turn it into more of a sh-- show than xerox direct was, also I guarantee that stuff will get so messed up that they'll have no customers left, I processed over 25 cancellations this past week alone and normally process like 2 a week if that
Got a job offer today and I am taking it, feel bad leaving my coworkers to pick up the slack but sorry I cannot deal with this mess any longer
To OP: Yeah, I thought that too in late 2018 - where else could they cut without hurting the business or productivity? As it was, we had no backups for our team. When someone was out, you pretty much had to wait until they returned from the office. Guess what? I got laid off.
The jobs are sooooo hard that HCL will definitely keep them in the US and eat the higher costs of salary instead of having Sanjay do the same work for $2/hour. Keep telling yourselves that folks!!
It’s a math conversation not capability question. Xerox has been producing about 5% less revenue each year. To maintain a business ( an org that makes profit) you have to reduce cost. We sold pretty much everything so the only thing left to reduce is people. xerox and many companies have went to low cost labor in other countries in our case now we are utilizing HCL and laying the more expensive US labor and that will continue as nothing is in place to slow or replace the machines in the field revenue
That fact is there is less print volume for our machines. More and more paper base systems are being replaced with digital.
Think about black and white TVs or land line phones.
xerox needs to reinvent it self (new product maybe 3D printing, new solution, something to change our market) to stop the layoffs