80% of remaining XDX / XIM will be let go by year end (times to assure 401k match doesn’t occur). This from reliable planning sources.
What happens to the remaining 20%?
1) They get an “offer” to relocate to a nerve center. For most that will be North Carolina. Many have received these “offers” already, which essentially boil down to “you are good, but if you want to stay at Xerox you have to move south”.
Once you arrive in NC and begin training your replacement, you will be either laid off or given another relocation offer to a geographically distant location. This is the HP way of avoiding severance- they know many won’t relocate over and over again. Google it- many HP folk were told they could only keep their job if they moved. Those that moved got asked to move again, or wised up. XRX leadership today is former HP who for some reason didn’t stick around after “transforming” the company. Think about that one.
2) Many employees are already actively looking. When those lookers witness the 80% bloodbath in 2019, those without a better-than-others neurosis will move on. A sensible decision I might add. Those remaining believers would be your shipmates if you stay, furthering the growing workplace idiocy and toxicity.
Leaving now allows job search success probability. One you lose a job, for whatever reason, you become a stigma regardless of what you may want to believe. Those with jobs have better chances than those without.