I think the endless surgical layoffs and toxic environment are designed to make people quit. Don't fall for it. Make them pay you to leave if that's what they want.

What do you think the chances are of more cuts happening this month?

We integrating to become more efficient and reduce cost. Don’t matter if you like the decision but tomorrow Xerox supposed to move to Lex CRM platform (a date already slipped) and the date moved again. Jeez. Sales Strategy and Sales Operations (a... — read more 

A reliable source mentioned that there will be a radical shift or shake up in healthcare and managed accounts. Getting rid of lots of dead weight employees and removal of on site techs and managers, as to reallocate them for other purposes... — read more 

It's been since April 1 since I've received a commission check, my boss said we would have plans at the end of April so we could get commissions, then May, then mid-June, and he now admitted he has no idea when plans will be out so that we can get... — read more 

Anyone know how it’s getting on. Heard it’s not going too well. Taken us back to the 90’s

How is everyone doing? Another week done and it feels like we are hamsters on wheels. Same s*** different day. We get a message from Our Chief Revenue Officer about finishing the Q strong - with 2 days to go that’s kinda late. Where he been hanging... — read more 

I wonder how long more before the market realizes that the current share price is unsustainable and start to drop to $1+ level? The addition of Lexmark will pull Xerox pre-consolidation price of $2 further down for the debt that is being accumulated. — read more 

Does Xerox still put their name on the Fuji machines or is everything Lexmark now?

I got my first offer after six months, but then I read about them and they have the exact same issues we do. There's no point in accepting it and losing my seniority for the same thing. What a depressing situation.

https://i5.walmartimages.com/seo/Richard-Scarry-s-Busy-Busy-Town-9780307168030_d9223b19-62c8-4433-b856-b151fb8d75bf.0b20d961908edd2e6327a9234db402ad.jpeg?odnHeight=573&odnWidth=573&odnBg=FFFFFF

This is from 1999 when we saw share prices drop by 24 percent just wondered if they dusted this off from an old set of meeting minutes..it feel awful familiar. "In April, Thoman unveiled a plan to remake Xerox’s image as a technology company... — read more 

Q2 is looking good, lots of dead wood out of the door, strategic review going well, new positive investor from Czech Republic, things are looking good……..

Anyone heard anything? It seems every month there’s a RIF. Or maybe they met this month’s numbers with the VRIF.

If Kodak was able to go through bankruptcy and reinvent itself so can Xerox. Just remember, Kodak in its hayday had 145,000 employees, today it has 3,500.

I was looking at our competitors' pages just to see if everywhere is as bad, and this made me laugh: "This place makes Xerox look like an upgrade in employment." That was posted on Konica Minolta's page. Which barely has any posts. And our board is... — read more 

It is very depressing as there are some very good people going because they asked to. Why can’t the organization organize themselves to get rid of dead wood instaesd of not creating an environment where talent and good people feel comfortable.

https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3579174

Some employees should carefully review their job descriptions and pay scales using Salary.com, as they may be surprised when leaving their current roles to pursue positions at the local university or state government and receiving reduced... — read more 

Xerox carries over $4.4 billion in total debt against just under $500 million in cash reserves… It seems this is a nonsensical company?

Sent an email to them yesterday afternoon with zero response yet aside from the auto generated one. Is this everyone else’s experience?

Enough with the nonesense from certain people. No one wants to hear it anymore, no one wants to participate in it, no one likes you, no one likes your constant negativity, no one likes your entitelment, no one likes your doom and gloom, we are tired... — read more 

Anyone who is familiar with the dunces unable to write more than a sentence for themselves recognise the telltale signs. Stuff like repeated use of "It's not X, it's Y". Explains why he says so much, yet there's so little substance. What a joke.

I didn't realize the layoff stress here was bad enough to make someone leave for less money.

As a Xerox investor, I’ve realized some concerning challenges ahead for the company and it’s not on the balance sheet. It feels like the team is focusing on disagreements instead of the big picture, and these conversations remind me a bit of middle... — read more 

Just saw a post on LinkedIn that was Excited to share my next chapter at Xerox! And then the post went on to share that this person moved into a director role and how they will continue to help Xerox on the transformation journey. What wasn’t said... — read more 

I complained to my production VP that I never get a response from SH on any email or voice message I've sent him, even though I get 1,2 and even t3 messages somedays from him asking for all sorts of information that still isn't in salesforce. he... — read more 

Our manager explained to his team leads that the only reason he still has a job is the director knows if he removed the manager he will have to manage the team leads and direct reports. The manager also shared that he owes management a breakdown of... — read more 

A toxic workplace is when you're always scared of a pay cut or getting let go. It's when your manager won't stop hovering over every little thing you do. And it's when management rewards the people who tattle on coworkers for the tiniest mistakes... — read more 

Even though there no travel for everyone else , no money, LP and CB (costs extra on a plane) went to see that Investor that now has 6% stake in Prague yesterday. Wonder what they talk about? Why could not be done on teams?

Layoffs (not volunteers) happened today in Lexington. Per typical Xerox style, no transparency on how many or who's affected. Good luck all.

Investors bid the stock up on short‑term good news (earnings, investor stake, dividend), but the Q1 beat could be misleading because it’s pro‑forma and boosted by Lexmark purchase‑accounting adjustments rather than pure organic profit or cash‑flow... — read more 

Involuntary ones.

I absolutely loved todays call and how Xeroids have to be coached on basic concepts as if they are something"New" to drive toward goals and functionality that Lexmark had already been performing and achieved over a decade ago. SMH - I seriously... — read more 

Anyone know how the VRIFs are being done? By country//line of business/alphabetically? In Canada and still just waiting after being told it was approved. So frustrating. Why are things moving so slowly.

thoughts on this?

What did they drop and what services were kept?