We get benefits cut, screwed out of 401k match, no raises and jobs outsourced This company in this link is who I would love to work for, they are appreciated and valued, what must that be... — read more
Topics regarding layoffs at Xerox Corp.
What Presidents won the battle? When do the 10 cores go live?
I am sincerely hoping there are fewer layoffs of Xerox employees transitioned to HCL or the end result will not be a savings in labor but a massive loss of revenue. I have seen with other companies who have taken this path is not a good omen. ... — read more
Who were affected first? I believe I read your last day was December 2nd. Have they pushed that date? What info can you provide?
to be outsourced? rumors around, anyone got any insight?
I'm just wondering how far they're going to go in making this place the least desirable to work fork in the country.
Has this been canned ? I have been desperately waiting for this one I can tell you.
Believe it or not, Xerox still has a great reputation & the name alone is iconic and recognizable to employers. My resume would hunt with Xerox on it. Business skills I gained during my 15 years there were quite valuable. I applied externally for... — read more
Anyone know how the Xerox and HCL deal actually works or how HCL makes its money? We are currently replacing 5 people with 8 in India but now they are trying to get Xerox to approve 10 headcount to replace the 5. They have to get Xerox to approve as... — read more
Nothing more until next year, from what I've heard. I don't know what's in store for next year, or when.
The end of 2019 brings some questions. will the Naresh Shanker commitment to be out of the Webster data center by end of 2019 be met? will all Webster employees know where they are going to be by end of 2019? will the movement to... — read more
How’s it going at your XBS (formerly GIS) core? Please share
Poor Carl is getting desperate, he may have come to the realization that the executives he put in charge of Xerox are failing miserably. Revenue is declining and they are running out of cuts to make. Can't wait for Q4 earnings call, equipment revenue... — read more
Maybe if this “leadership” focused on enabling sales and expanding customer relationships to grow the business vs just cut everything to lower costs, juice the stock & try to sell or merge & make a couple guys a quick buck - they would be able to... — read more
Be fair warned, you get your 60 day notice and 2 weeks before your final date you are supposed to get your letter outlining your final pay, severence, bonus payout if eligible and info about cobra, etc Well if you are expecting this be careful... — read more
Another thread her asks about being proud.
Xerox just announced a lowered 2019 full year per share earnings. Reduced from $4.05 to $3.30-3.40!! My guess, revenue lower than forecasted, margins shrinking, and not enough savings from Project Screw It. Oh and just wait until they have to take a... — read more
Xerox has been dropped from the list of the world’s most ethical companies. No surprise. This directly correlates to the arrival of Icahn’s board and the hiring of the HP washouts.
I just received a lump sum GE pension payout from the JV with Xerox in 2001. It was taxed at 20%. Will I need to add this again to my normal income tax filing this year or does the 20% cover it? Thanks for any insight would simply like to file on... — read more
I rarely visit this Xerox site anymore. It seems to be filled with information of vengeance and less about real info. o layoffs or re/direction of employees to other employer. AKA - the vengeful posting has now lead to apathy to this site
Other than that, not much to be thankful for these days. At least not for us still stuck at Xerox. Those who got out are probably over the moon right now.
More layoffs? More massive outsourcing? Elimination of some positions or departments? I believe it’s going to be more of the same, just on a bigger scale and that 2020 could be the year in which the xerox employees are going to be hit the hardest... — read more
Are the trucks ready to ship supplies and equipment to warehouses so that we can artificially boost revenue like we did in Q3? Also, remember not to pay vendors! Cash has to look great for year-end.
Listen to CNBC - Do you copy that? Finally, the street might be waking up. Hopefully, auditors and SEC will be next!
Saxon HCLites recieved our 60 day notice, last day January 27. This will be an interesting transition as our replacements haven't started doing the work yet!
November 24, 2019 John Visentin Vice Chairman and CEO Xerox Holdings Corporation 201 Merritt 7 Norwalk, CT 06851-1056 CC: Keith Cozza, Chairman of Xerox Holdings Corporation; President and Chief Executive Officer, Icahn Enterprises... — read more
Always on a Sunday https://investor.hp.com/news/press-release-details/2019/HP-Sends-Letter-to-Xerox/default.aspx
Has any one heard if they are going to let people go this week?
Has anyone else heard the rumor that MRC is merging with these two west coast XBS companies by January?
For f— sake Wouldn’t it be a better idea to go get work with a company that won’t lay-off or outsource? Then we won’t have all wishing, wondering, and whining There are other jobs than Xerox and HCL I check in every so often just to see the... — read more
Vader was purchased, then castrated, with no investment since acquisition. If HPQ is thinking that would be a benefit of purchasing XRX, they will be ahem surprised. Thoughts?
Why buy this piece of sh–? Too much risk for too little returns.HP can just grab market share and the consolidation that Icky and Vaseline want will occur naturally without spending a dime... — read more
What do you think?