Anybody notice all the Sales VP's leaving at XBS? Amazing that Ralph, Vega, and Mosley are still around. Mosley seems to be that of a cat with 9 lives. This will be the year: VP's, Production consolidation, and then Sales Managers. IN THAT ORDER.
Topics regarding layoffs at Xerox Corp.
Anybody else hearing about an action on Friday 1/17/20? I’m hearing 200 to 500 layoffs.
the only reference: https://twitter.com/TheLayoff/status/1218268339354722304
Toronto Office got shutdown today hundreds laid off, contractors and full timers.. It's a horrible day...
Rochester First.Com (WROC), posted on Jan 7, 2020, " The Webster Economic Access Project will be the future of Xerox Park in collaboration with the Village and Town of Webster. The Webster Economic Development Alliance has been able to get $1,838,000... — read more
Anyone has details on what's happening this and next week @ MOS?
There are others avenues to reduce costs that are completely out of alignment in relation to what’s left of Xerox. C-Suite head count also needs to be significantly reduced. The other alternative in order to close the “Own It” gap is to reduce... — read more
About 2 weeks ago a few people in Lewisville here got rebadged - more to come too. We are exhausted, anxious... Do not work for HCL, you will not like it.
The ship is sinking fast...
Regardless your position or arm of Xerox you work for, this is just sad. This company is in a death spiral while Icahn tries his best to sell it for a buck. Thousands of people have lost their jobs and customers are running for the doors. Serious... — read more
We were told the company would match by the end of the year (2019) now I’ve heard janurary 31st. Does any one actually know for sure?
Seriously, new hires get paid more ($2 more/hour) and some getting hired on with benefits and not on contract. It has been over 6 months since employees found out about this rumor until enough of us got together and demanded answers from our... — read more
https://fas.org/sgp/crs/misc/R44153.pdf Trade Adjustment Assistance for Workers (TAA) provides federal assistance to workers who have involuntarily lost their jobs due to foreign competition. It was last reauthorized by the Trade Adjustment... — read more
I have a significant stock award about to vest. I’m trying to determine whether I’m going to leave it in to wait and see what happens with HP and if that whole thing will affect the price significantly. What do you all think?
Has anyone heard about the potential 3% bonus that employees “might” get? No raises are k–ling the techs. Flipping burgers almost pays as much as we are making
When did you receive your 60-day notice, curious as to how much longer we have to wait until we are done... our 60 day notice stated 1/27... our 2 week notice was due 1/13... You are so lucky!
https://www.print21.com.au/news/hp-outright-rejects-latest-xerox-move HP are not interested...my prediction is HP take control and run the new HP/xerox company.
Xerox is in a precarious position after severing relations with Fujifilm. Fuji supplies approximately 9-% of Xerox branded hardware. Xerox reduced itself to a brand name who no longer manufactures it’s own products. The few products Xerox does... — read more
What will our brilliant leadership think of next? Buying Intel? Amazon? Google? Nothing is out of our reach, right?
Has anyone received the 2 week notice confirming end date with the severance package they will receive? Do they give 1 week for every year of service up to max 12 weeks and if so is it at 100 percent of your pay or is at a reduced percentage? No... — read more
This was posted here before, but I think it's worth a re-post for all the new people visiting this site. This article tells you all you need to know about Carl Icahn. It's sickening. Though there have been pitfalls along the way, and yes, this is... — read more
Any one else in Canada get their Severance package today? I know people in the US talked on here that it would be 8 or 12 weeks but Canada packages seem much better. Most of us were offered around 3 weeks per year of service. So might be worth... — read more
I am ex Xerox, but not here to bash a company I had many good times with, I am just asking why (at least some) Xerox employees (on LI) seem to think buying HP is a good thing? If, and it is a big if, the deal happens, it will result in the... — read more
I've been hearing rumors that there are more layoffs or possibly a large scale rebadging happening this month.
It was a great run and our team mates were incredible. In the end, it didn't matter in the "grand scheme" of things so we're done now. On to better things!
anyone know when they will put the percentage into the 401k? i just checked and the only activity was from what i contributed last year. i was told the first week of the new year.
FUJI just announced it will stop selling Xerox equipment in 2021. Based on the cultural protectionism practiced in that region, this means xerox will lose that part of the global market - a space that has the highest population on the planet. Add... — read more
Mainly, if you are over 60?
Phone meeting called for 12/30 of about 50 second level hotline people. Suspect this is the 60 day notice for this bunch.
Has anyone been told once they were let go by HCL they would be hired back by their core? If so, has it happened?
HCL extensions - any updates???