I'd be happy with 12 weeks total. Just enough to give me time to find something else.
Xerox’s $1.5B Lexmark Deal Gains Antitrust Approval in US, UK, and Canada, But …..
Xerox’s $1.5B Lexmark Deal Gains Antitrust Approval in US, UK, and Canada, But ….. https://tonernews.com/forums/topic/xeroxs-1-5b-lexmark-deal-gains-antitrust-approval-in-us-uk-and-canada-but/
Dex Imaging Passes
Who would have thought a day would come, that a dealer was in position to buy XEROX? And to think that Dex passed. Be ready for another wave of layoffs. Based on several contracts awarded in the State space from coast to coast, it makes sense... — read more
Dallas HR Location
Does anyone remember when Dallas housed Xerox's HR? I remember them not being helpful at all. Around 2010 when they were told they would be shut down, I remember so many people had tuition reimbursement documentation tossed. So many people had... — read more
XEROX EMAIL
Does anybodys Xerox email work? On the West Coast we dont have email as of Monday.
Tariff charges for toner for customers with Service Agreements
I was at a customer's office today and they showed me a bill for a $16 Tariff Fee. The toner is included in their contract. This will not go over well.
What a joke
You ever work somewhere that makes you question how the higher-ups even got their jobs? The incompetence is next-level, and the only people climbing the ladder are the ones who never actually contribute. I used to care, but now I’m just counting the... — read more
You great big tech powerhouse!
Love you, you great big tech powerhouse. Love you so much Ive believed all your lies, turned my head and covered for you. I just stood here and let you treat me like dirt, denying the truth. Even now i listen to your deceit and still hope your... — read more
Every single person I work with is a toxic mess
I swear, it's like that's a requirement when joining Xerox.
What's another 100M?
https://investors.xerox.com/node/30471/html Seems like 800M wasn't quite enough to pay our employees, let's just get another 100M while we are at it.
Xerox stock is on fire lately
I thought the fat lady had sung but the company looks to be rebounding. Stocks up 20% plus in the last 7 days. I wonder if it's time to load up on xerox stock!
Layoffs are inevitable
I'm no longer wondering if layoffs will happen, only when they'll hit and how bad it'll get. I think we're now at the point where even the most shameless a-s-kissers and other loyal sycophants aren't safe anymore, and when that becomes the truth, you... — read more
I'm getting desperate
I've been looking into other opportunities for months now, hoping to find something before we sink, and nothing. I've landed only two interviews, both of them bad offers with significantly lower pay. I declined both. I'm starting to regret not... — read more
Help Me AI..... your our only hope
I think they're leaning heavy on AI because there is absolutely no CI corporate intelligence leading this clown car full of people with no actual plan. The dog ate my homework again... sorry investors!
Merit increase
So no Merit increase but Steve wants us to vote on his pay increase. What an absolute crock of s***
What Xerox needs now: A REAL CEO and a ruthless plan
Enough with the "Reinvention". Enough with the Lexmark fairytales. Enough with the earnings call word salad. This is what a REAL CEO — one with a spine and a strategy — would do the second the bullsh*t stops: Ki-l the Lexmark deal... — read more
Estimated odds of bankruptcy within 12–18 months: 35%–50%
And rising fast if Q2 Lexmark integration fails or financing conditions deteriorate further. Why the odds are increasing: Massive cash burn and liquidity collapse: · $109M cash burned in Q1 · Cash reserves down 41% in 3 months · With just $336M... — read more
Chapter 11 - More of a Reality
Is Chapter 11 closer than we realize after today's earning release? A few thoughts/comments - Earnings below even expectations Didn't address Goodwill impairment charges that are sure to come (whether it be Xerox brand or IT Savvy) Didn't... — read more
They hid this in the release
"Outside of country-specific approvals, the last significant condition to close is the Ninestar shareholder vote and Chinese securities exchange approval, which is expected to take place in the coming months. We have secured 32% of the required... — read more
Name today's low stock price
I'll guess at a low of $3.59 sometime today.
I’m praying to get laid off while they’re still offering severance
Something tells me that won’t be the case much longer.
Q1-25 Earnings Expectations
Expectations from the terminal: EPS: -0.04 Revenue: 1.44B EBITDA: 45.35M
Headwinds = Chicken Jockey
Hoping for some real tangible intelligent guidance on earnings call but expecting epic confounded b$ word salad. Ready to call Chicken Jockey.
Resigning & Vacation
Hi All, I've decided to resign, but since my next chapter does not start until after summer, i'll be sticking around until then. My question however is, should i burn through all my vacation plus floater days prior to resigning, or will i get paid... — read more
Left Xerox a month ago. Couldn't be happier.
Coming back to this forum as I used to check it regularly when I still worked there. Now a lot of people are worried about layoffs. Don't be. Is finding a tech job hard right now? Yes. But after a month of searching, i got one offer already and am... — read more
Anyone else stuck in layoff limbo?
There are plenty of usual whispers and nervous glances in meetings, but zero actual info. At this point, it’s like waiting for a storm everyone knows is coming but just has no clue if it’ll be a drizzle or a hurricane. So, same old "keep your resume... — read more
Where Does Xerox Toner Come From? The Secret No One’s Talking About
Where Does Xerox Toner Come From? The Secret No One’s Talking About. Xerox has long been a symbol of American innovation, known for its photocopiers, printers, and the idea of "copying." But lately, a new question has surfaced: *Where does Xerox... — read more
backwards a-s company!!!!!!
heres what i want to know i just read an article about ole stevie b's salary last year. it was 14.7 million with only 7.5 % of that was his actual salary and the rest was bonuses YES BONUSES!!!! I WANNA KNOW WHY AND HOW with the company in rapid... — read more
Got a quick look at the earning release...
From SB: "Let's circle back and blue-sky this paradigm shift by leveraging our bandwidth to drill down on the low hanging fruit, but only if we can move the needle without boiling the ocean. At the end of the day, we need to disrupt the synergy of... — read more
Isn’t that the company that made photocopiers and went bust
How many times did we here “I’ll Xerox that” in the office, but how long before the name is gone and people only remember it as the company that went bust ? A phrase soon to be lost in offices across the US.
Does all XRX toner come from China and Japan now
Webster is 100% closed, right?
Xerox failing
Why are you guys at this failing company? I finally left and haven't been happier. SB is stupid, and the company underpays everyone... should just go and leave them bankrupt
Goodwill Writedown of ~$1 BN?
The current Goodwill Value is ~$1.9 BN, calculated 100 days ago when the stock price was double what it is now. If the writedown is on par with cap losses, that is about a billion dollars that gets written off next week. It's intangible, and not... — read more
Town Hall Meeting on 5/2
This meeting is to go over the earnings internally, yet XRX hasn't scheduled the external call yet. Is this normal? Scheduling the internal call ahead of scheduling the earnings call. I have never heard of a company doing that before.
If only the company was in a better financial position
Let’s not worry about whether the company is dying on it’s feet - let’s celebrate World Earth Day and take time out to collect litter, then post self-congratulatory pictures on Linked In - so the rest of the sycophants can like the posts and... — read more
No Q1 Earnings Date Yet ? Are the results that bad ??
I hear Q1 wasn’t so much a car crash, as an armageddon.
Layoffs
I heard some areas are being impacted with layoffs but didn’t hear which areas. Has anyone else heard?
The Earnings Delay is Officially Suspicious Now.
Even on bad earnings reports XRX has been timely, but nothing yet? As per SEC, companies have to announce a call "several days" in advance to alert shareholders and analysts. There is something unusual, besides the normal failures, going on here... — read more