Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

2/26/25 NEW 52 WEEK LOW

The cap is now just $868 million, $12.55 lower than the 52 week high, at $6.93 and down $1.32 YTD. At the current clip, this is trending to $5.61 on 5/1, and $4.29 on 7/1. This is where it gets weird. Volume was double today at 6mm, vs the 2.91mm... — read more 

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Post ID: @OP+1jn230mc0

2/25/25 NEW 52 WEEK LOW

The cap is $932 Million, and -$11.98 off the 52 week high, at $7.49. Down $0.77 YTD. It was the 4th 52 week low in 2025. At the current clip, this is trending to $6.76 on 5/1, and $5.99 on 7/1. Why this matters is, everything management has done is... — read more 

A Good Cop / Bad Cop story... with a twist

Have you ever sat through a company town hall and felt like you were watching a well-rehearsed play rather than a business update? The Good Cop steps up, the energy is sky high, metaphors fall like confetti: Formula 1, rocket ships, whatever works... — read more 

Lexmark Uses Slave Labor?

https://www.wttlonline.com/stories/lexmark-parent-still-under-slavery-embargo,11876 Holy cr-p! How is this even happening? Somebody please tell me this this isn't true.

Sales Meetings

I have calculated that one full day per week is being spent on sales meetings. Duplications of last year’s meetings. Digital this digital that. It’s not new. The redundancy is incredible. Add to this managing the offshore groups and bottlenecks they... — read more 

Working On My Holiday

It is the holiday and my boss has asked me to review all of the post and put a summary together for the leadership team to review and determine if a rebuttal needs to be made. It seems that a lot of you like going back and replying to post that are... — read more 

Kinecta Bank (Xerox Federal Credit Union)

I know this is off topic, but many Xerox people are members of Kinecta since it migrated from the old Xerox Federal Credit Union. Today was the last straw and (as painful as it is to switch banks these days) I'm closing this account!. ... — read more 

Office decorator

It’s funny how some of us in sales are drilled if we don’t sell anything. Although in a specific core we have a rep that from what I hear she’s the interior decorator. Why do we have double standards? What makes her better than us? She hasn't sold... — read more 

The Real Problem

Let’s get real people, one of the main problems with Xerox cores are the old school way of thinking. These individuals are been with the company for 20plus years and offer no new ideas and are against change. Also preference in the office is another... — read more 

30% of customers move to Inside Sales

Am I hearing this correctly - 30%+ of all current clients are moving to the Canadian based Inside Sales team and won’t be covered locally any longer ? This most certainly has to mean a big cut in sales is coming (and sales leadership to manage the... — read more 

401k match

It is in my account. Thank you Xerox.

Severance info

Severance is 12 weeks for Managers, 8 weeks for Associates and some "critical" roles will get 16 weeks max. Sales people get 2 weeks. ALL only carry you for medical for 2 weeks though you can do COBRA and you will get whatever little PTO you... — read more 

Pretty sure I will never get laid off

I have been with the company almost 20 years and am pretty sure I will never be laid off. My boss constantly changes our teams job descriptions and projects to ensure they appear very important and indispensable. He is good at making our results... — read more 

RIGP Lump Sum?

Does anyone know any information if Xerox will fund the RIGP to at least the 60% level in 2025 so those still in can get at least the 50% lump sum option?

Is Xerox the next Ikon?

Remember Ikon? “IKON uses copiers, printers and multifunction printer technologies from leading manufacturers and document management software and systems from companies like Captaris, Kofax, and EFI” (from Wikipedia). Once the world's largest... — read more 

Bitterness 101 people

Yes, bitterness exists. But only because of the way employees have been treated and lied to. Consistently so. You cannot expect people to keep getting bad news and ridiculous policies to stay working there. Even the most dedicated people finally... — read more 

Lay Offs + Severances

Is there another wave of lay offs / firing on the horizon? - with everything constantly changing and employee roles being transitioned out the country what can be next for the people who are losing their duties? - are they going to stick us somewhere... — read more 

Wake up and smell the BS

The lack of intelligence, and worse, complete lack of common sense in the top and middle echelons of Xerox is mind boggling. There are two sides to every story, but in what side is no vision, accelerated decline, nose diving share prices, terrible... — read more 

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| 2220 views | | 18 replies (last January 10, 2025)
Post ID: @OP+1jgr7mtxw

XRX Stock Price

Closed below $8.50 today (Dec 31st) Could be because of: Poor management Adding more debt by purchasing Lexmark Continuing to think print is the future Abysmal customer service

What are you still waiting for?

I left last year. Found another job and never looked back. Try something new! You’ll be relieved that you don’t depend on Xerox anymore. It may be hard at first, and it may take some time and many fails before you find a good job, but it’s definitely... — read more 

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| 1270 views | | 8 replies (last January 27, 2025)
Post ID: @OP+1wdrbz5S

Hmmmm

Is this comparable to when two very old widowers decide be roommates and live out their remaining days?

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