Who wants to wager? HPE would be the unethical choice
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Topics regarding layoffs at Xerox Corp.
It feels terrible, actually. Our core used to be great, but the Xerox beauracracy keeps giving us substandard products and expects us to be QA. Bonuses delayed (indefinitely?), benefits slashed, positions not being filled, sales getting commissions... read more
Yesterday and email was sent out stating that the pricing system, VQ is going to discontinue the Total Satisfaction Guarantee in the T&C's, along with the image on the order agreement. So much for the replacement guarantee. It sure appears the... read more
From what I can gather in the cases I've seen, they are IRIF'ing the "expensive" positions then rehiring at a lower rate, especially if the rehire is offshore. But even if the rehire is onshore, they can IRIF a position that was $50k with someone... read more
Any news so far, on layoffs..
Funny how the company is trying to save up costs but cutting people out I mean “valuable assets for years” for this company yet I can’t help notice how HR keeps on adding more job postings.. is management in tune with these people? Cuz clearly... read more
There was some talk about it, was it proven untrue?
I personally think Icahn and team are transforming Xerox into an SMB Sales Powerhouse vs. Technology Powerhouse. They will inquire with those who may be interested in purchasing a newly slimmed down national SMB sales organization and sell to the... read more
Hmmm, the same day we receive the email from Feldman that Xerox has signed a 5-year deal with Office Depot to provide thousands of machines worth hundreds of Millions of dollars to Office Depot the news comes out that STAPLES has acquired the second... read more
Fuji makes the majority of the Xerox equipment. What Xerox does make is now old technology that’s in dire need of a refresh. The contract between Xerox and Fuji basically gives Fuji exclusive rights to sell in the Asia Pacific region and Xerox the... read more
How ironic that IT will ramp up outsourcing when that is a key contributor to the outlandishly bloated app portfolio. So much so that nobody governing can make that case, while it’s obvious to the knowledgeable periphery. The $$$ spent for even minor... read more
We have been centralized to XBS. Seems we no longer work for the cores and many things have changed We now make less than xerox direct technicians and we run more calls we have lost 401k match % benefits now horrible and the bonus plan is in question... read more
I had an interview today and the prospective sales rep asked “why would a company work with you instead of going right to the manufacturer.” Normally, this question leads me to a very passionate place! With us, customers get the best of both worlds!... read more
in thirty years at xerox, working with many ceo's we have never seen this somehow ichan deason throw out the previous leadership somehow the board resigns somehow the courts over turn the lawsuit filed by deason but its to late for jacobson and board... read more
Did anyone listen to the CEO communication meeting yesterday? Did you get anything out of it that makes you think we are on our way to becoming a tech powerhouse? I listened to the whole thing and read a few presentations from the investors... read more
Apparently this acquisition was announced at the Investor Day conference. I wonder whether this is a serious attempt to grow revenue? The article does point out the decimation of Wilsonville SMEs and sale to 3D, which I find ironic - lots of... read more
now that investor day has passed by the way first the play by play no new products joannie you may want to learn some of the product mikey was put on the bench for you to present steve b customers don't understand frictionless nor do they care and we... read more
Sorry folks - this is happening. The presence of the consultant vultures in the larger XBS cores is a precursor to the other shoe dropping. Basic finance functions like AP, AR, customer service, maybe even dispatch are going overseas. It'll save XRX... read more
my favorites so far - we don't have to manufacture everything - used 3D printing as an example of licensing IP. [so we're just continuing Ursula's strategy then?] robotic process automation - bots don't take vacation or get sick. [yup, he did say... read more
questions we would ask if my job was to invest why does president of na still have a job here how have the biz results been under the leadership why did you make the drastic changes to XBS/GIS when you review the results how are we doing in europe... read more
from the front row inside xerox hq We have to cut more costs GIS or now XBS 190 offices closing Billing goes to offshore India guatemala jamaica hang around while we train replacements service organization downsize managers reduce techs reduce parts... read more
For years, it seems Xerox almost always offered a voluntary reduction in force before the involuntary. It was a good way to reduce the workforce by enticing those who were thinking about doing something new or taking an early retirement package, and... read more
I’ve never been happier or healthier. My high blood pressure is fixed. My prediebetes which was concerning right near the line of diebetes is fixed. I’ve only lost a few lbs. I eat about the same. I excercise about the same as before. I am fully... read more
I left Xerox 2 years ago and am wondering if Customer Service (CSE's) are completely outsourced now or if any are left. So many co-workers have changed their FaceBook status to worked for Xerox from works for Xero.
Consulting firms working transformation: let us know how to anonymously contact you if you want information not edited to save incompetent mgmt. about 11 hours ago by Anonymous no reactions Post ID: @Xn8ZeAI-1tgf
As previously posted, Management keeps on supporting Project Managers with oversee investments that actually have proven to be nothing but failed attempts to meet a profile people can’t meet. Don’t get me wrong, it is just that if we ever compre... read more
How many HP failures do we have to hire as c-level executives before someone asks a question? These are not transformational geniuses, they are part of the HP legacy that was “fixed” by actual transforming experts. Additionally when John V talks he... read more
As predicted, the stock price jumped due to expense reductions, not revenue increases. There are a lot more of these opportunities out there as they outsource many of the financial functions currently being redundantly supported in GIS/XBS overseas... read more
IMO, This is a great time to own Xerox stock. The company beat estimates for profit and have been streamlining the business making it generate more cash and likely facilitate the sale of parts of the business or all as Icahn has encouraged to... read more
I'm getting worried with so little information available.
Who keeps on investing in Xerox stocks?! Seriously it is on the watch for years now!? Everybody knows this company has so many issues! How is it even possible people have the slightest credibility towards the inestability for cut off jobs, outdated... read more
That people continue to accept the adjusted earnings of a constantly restructuring company. At some point investors should say enough is enough. I see Icahn’s buddy V gave bullish expectations and that leads me to believe a major Corp sale is more... read more
Xerox (NYSE:XRX) reports revenue dropped 6.1% on an adjusted constant currency basis in Q4. Equipment sales decreased 9.5% to $629M (-7.7% in constant currency). Post sale revenue down 7.2% $1.9B (-5.5% in constant currency). North America revenue... read more
REUTERS: Xerox Corp beat fourth-quarter profit estimates on Tuesday (Jan 29) as it reined in costs, but its revenue dropped more than expected as businesses continue to cut spending on printers and photocopiers. Read more at... read more
Given this site is ultimately about layoffs, let's revisit THE FACTS as the Q4/FY2018 results were just released. As I stated in a previous post (https://www.thelayoff.com/t/W0VxvHI), Xerox is restructuring at a consistent pace from previous years... read more
XRX is out of ideas and creativity - they are mired by clueless management (led by Visentin) that is subservient to Icahn and his band of mercenaries. When companies cannot grow the top line, they start slashing expenses (ie employees) in the hopes... read more
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With publicly traded companies, often times pressure on the stock price and devaluations of credit ratings cause those in charge to make short sighted, rash decisions. This is what is occurring now. First, Xerox's processes are awful. They are... read more