Xerox’s problem is brutally simple: more cash goes out than comes in. Every quarter. The business isn’t generating enough cash to cover interest, restructuring, and working capital. Why? Because Xerox is burning cash from operations. Not investing... — read more
Xerox stock surges on seeking $500 million Intellectual Property loan
Oh dear. Maybe Steve can go on Shark Tank and give up an equity stake in careAR. Java?
Are the SLT in hibernation
I think there was a previous post but where are our EC and SLT? We have a couple of weeks to year end but no rallying cry, even though it will not halt the demise. No interest in any big deals. No interest in any small deals. No interest in any... — read more
Xerox is in big trouble
Steve B does not deserve the 14.3 million he makes as salary. He is an id--t.
Circularity and Sourcing, A New Xerox Sustainability Initiative?
All the data collection that supports the initiative is an ongoing matrix submitted for supplier governance reason. Nothing changes with the data. And suddenly they are being reused and presented as a new initiative. This is not any reinvention! Just... — read more
I've officially decided to leave
I'm putting in my resignation on Monday because this just isn't the right place for me anymore. I've watched the direction change, and I don't see a future for myself here. Add to that the toll the toxicity is taking on my mental health and I've had... — read more
3 things for the CEO and SLT to be proud of
Annual sales declines of 2.6% for the past five years show its products and services struggled to connect with the market Earnings per share decreased by more than the revenue over the last five years, showing each sale was less profitable 8×... — read more
Still no raises for the folks making work work
Xerox Holdings Corp (NASDAQ:XRX) announced the appointment of Chuck Butler as chief financial officer, effective December 3, 2025. The company disclosed the executive change and related compensation adjustments in a statement filed with the... — read more
Will they lower the ITsavvy Sales Comp Plan to match the Xerox Comp Plan?
Same company, different pay plans. This won't last, right?
Time to clean out your desk, or drop your car stock off at the office.
This is not getting better. Time to get out and cut your losses. Nothing is going to change for the better. They have had their chances to do this. Never happened. At least over the Christmas / New Years holiday you have time to retool and reassess... — read more
I’ve resigned myself to the fact that the downward spiral will continue
There’s no real chance of recovery on the path we’re on, especially with the people steering the wheel. At this point it barely matters whether the next cuts land in December or later. They’re coming. It would just be nice if, for once, the people... — read more
Letter to Steve B.
If this wasn't so serious and affected so many employees livelihoods, it would be funny. Why are this bunch of clowns still at the controls? I afraid it's now too late to do anything about this. The plane is too close to the mountain to take evasive... — read more
The clown says go faster
Bandy the clown lectures us all about going faster in the last Town Hall. 5 months later we still don’t have a defined sales organization. It is not difficult to split a few accounts between team and then decide how manny sales peeps. Q1 2026 will... — read more
Reduced severance package for 2026?
There had been rumors that the severance package will be reduced next year, driven by expense and the cash situation. Anyone insights?
Where are the SLT
It is Q4. It is the end of the year. Where are the SLT and a rallying cry for end of year business ??????? It appears they are stuck behind their spreadsheets and 40 page slide decks - no communication with sales, no customer visits, no “how can I... — read more
Numbers defined
So latest communication is a reduction in people in all areas of 20% in Q1. It’s going so well. Will be interesting to see if that number is applied evenly across both XRX and LKX or if the plan is to just be left with LKX monkeys (who know nothing... — read more
Let's have it out, Java UI guy.
Out of all the absolute stupid problems with Xerox copiers and printers, what is your deal with the java ui interface? It is the least of the problems on a copier. What is it that makes you this way?
Why Lexmark?
Why does everyone at Lexmark and now the legacy- Xerox SLT think that everything that Lexmark do is fantastic. They lost $600 million last year so I do not understand???
How do I get severance?
I have sent in my paperwork. There is no phone number to call. Email to alumni@xerox.com goes unanswered. Can anyone assist.
Dec 15 coming. Bloodbath next week?
Not sure if mgmt will attempt to bolster the Q4 results with more layoffs. The October 15-20% cuts will be included in Q4 but the goodwill reporting delays cannot be further delayed. Insights on plans to capture further headcount reductions in... — read more
Is it time ?
For all those who mocked the once great competitor, is Xerox about to face its very own ‘Kodak Moment’ ?
Outsourced labor is (ironically) safe?
Stating the obvious: layoffs are direct hires losing their job. Ironically, outsourced labor is often low quality and sometimes justified because it is “easier to fire a contract worker”. Yet I am not seeing a directed reduction in this labor pool... — read more
Alumni@xerox.com - experiences?
When you are layed off, your only way to attempt to get questions answered or request actions is via email to Alumni@xerox.com. My experience with that has been horrible. Anyone have similar or different experiences?
Xerox Hiring Account Executive IT Solutions, Toronto
Have several questions before I apply... #1. What is a, “relatively clean driving record?” Relative to who... a Xeroid from 1999? https://www.glassdoor.ca/job-listing/account-executive-xerox-JV_IC2281069_KO0,17_KE18,23.htm?jl=1009930144782
Xerox could have been the most valuable company in the world.
In the 1970s, deep inside a research center in Palo Alto, a group of young Xerox engineers quietly built the future. They created a machine unlike anything the world had seen. A screen you could point at. A small device that let you move a cursor... — read more
Even SB knows there's nothing to be thankful for.
No email about Thanksgiving this year. Guess he accidentally fired his email composer along the way?
Someone Just Bought 1,046,068 Xerox Shares for $2.74 Million
Someone Just Bought 1,046,068 Xerox Shares for $2.74 Million (XRX at $2.74 ea) https://tonernews.com/forums/topic/someone-just-bought-1046068-xerox-shares-for-2-74-million-xrx-at-2-74-ea/
Layoffs(no java)
I heard Layoffs coming in December, 15th. i heard this from a regional, who heard it from his contact in corporate HR. Hear say but can anyone confirm? and no BS java rant please.
Severance Payments
I turned paperwork in for severance and my ticket got closed last month. I keep checking ADP site and still no indication of if I’ll receive a payment. Only thing I see is I can sign up for payments on a card. Will severance be paid out direct... — read more
The Bandy-Ponzi scheme: “Trust me, bro”
SB, aka Bandy, closed the last Town Hall with a sort of “Trust me, bro” line. Fitting, because that’s basically the financial strategy right now: trust us while we borrow new money to pay old debt and hope nobody asks why the interest bill keeps... — read more
Share price
Up 10% you doom gloomers
Surprise me that the CEO haven't been Fired!
SB su-k as CEO role. Xerox been going down hill as fast roller coaster and i am surprise that he still here. How come no one replace him for poor performance.
Are you not entertained?
As a current long term employee I will say there is not one dull moment in this business these days. The daily misfires and malfunctions from the top down are absolutely astounding to experience. The decisions having to be made by unguided middle... — read more
When is the announcement that Xerox HQ is moving to Kentucy?
Lexmark is HQ in Kentucky, and with all the Lexmark execs taking the Xerox roles, how long until HQ for X is moved to Kentucky?
$2.34
And still the SLT haven’t change the record
Mirlanda Out as Xerox Appoints New CFO from Lexmark.
Mirlanda Out as Xerox Appoints New CFO from Lexmark. https://tonernews.com/forums/topic/mirlanda-out-as-xerox-appoints-new-cfo-from-lexmark/
CFO jumps ship
are you surprised or not