If I were in Vegas, or betting on the Super Bowl, and I had about a 1 in 5 chance of wining I would bet BIG $$$$. Since Xerox is my livelihood, and I have a mortgage and three kids in school, I am not feeling so great about a 15% change of losing my... — read more 

Moved out couple weeks ago. Xerox no longer has an address in Canada’s largest city. It wasn’t much square footage to begin with but at least it was something… this looks really bad.

Signs you're about to be laid off: Budget reductions, hiring & spending freezes. Employees who left last year are not being replaced. Projects are being put off / delayed. Reorganization, speculation of mergers and acquisitions. Change in... — read more 

For US employees to be told if they in or they out. Everyone gone by 29th February.

Please turn dial thrice clockwise then push some buttons. https://m.youtube.com/watch?v=MprgRbwYlHU

A 20+ year career mostly in sales and sales leadership. I’ve become accustomed to the annual recalibration , resetting of expectations , starting over at zero and the sometimes hard swallow or pit in my stomach that comes with a new year. This... — read more 

I left in 2021. It was bad then but judging by what I've been reading here things have only gotten worse. I'm sorry, guys. I worked with some great people and I really did hope the leadership would get its act together for the sake of the rest of... — read more 

Announcement from Steve B about -15% and a brand new organisation was right start January. Weeks later nothing happened. They don’t know what they are doing - making it up as they go along. No plan before Steve B said what he did. Not a clue

Xerox stock has been boosted by dividends and stock buy-backs since Icahn's failed attempt to buy HP back in 2020. The lightning-quick comment at the end of the Q&A session that there would be no buy-backs in 2024 was telling. That's a warning... — read more 

No surprises there. https://www.investorsobserver.com/news/stock-update/what-is-wall-streets-target-price-for-xerox-holdings-corp-xrx-stock-monday-3

How are you current Xeroids doing? Get out now or don't. Make sure it works for you. If you can stick around and are "happy", great. If not, stick it out til getting the call and get that severance. It may be weak now compared to prior years, but... — read more 

When do you think we have the talked about 15% rank-and-file layoff? I would think they want people gone by end of 1st Qtr. I work with someone who was told they are getting laid off IRIF and they had / have until Jan 31 as their last day (they are a... — read more 

Those who are looking for a new job and can't wait to get out of here. Those who are close to retirement and are just riding it out until they can get out of here. If there is a group that likes working here and is not looking for a way... — read more 

Any thoughts on the new sales leadership? Jacques for channel (global), then in direct sales coverage - Darren in Europe for 3 counties, and reed and Randy and Ezekiel in the US? …… The five musketeers? …. Don’t know them all so interested in views. — read more 

Absolutely horrid. Deck was as thin as the substance, which given the size of the miss is really indicative: evident to all that xrx is more lipstick than pig. Only interesting part was the small print disclaimers; Non GAAP Financial Measures. If xrx... — read more 

JB and SB are doing it. New look of Xerox seems to be very well received by the Street. Optimistic about the future. Low performers should be worried (obviously). High performers, giddy up. Change was needed, change is happening, finally.

Would be interesting to really know if TK left on her own, or was told to hit the road? Her package is not listed on SEC Edgar site, I suspect she is still on payroll and it will be listed when she is officially gone, other than a good-bye note she... — read more 

Buckle up folks - the recent announcements have put the proverbial train on the tracks. 15% in Q1 is just the beginning - expect another 15% by June. Some have said this is all overseas - not the case. X leadership is in daily talks with Fuji to sell... — read more 

Thank you for once again providing me with your weekly entertainment. Every Friday after a few beers I leisurely ready through the entertaining posts and comments from the prior week. This week’s were particularly funny. I chuckled more then... — read more 

Oh baby. This is goon-nah be epic! Get your, NBG (Nonsensical Business Gibberish) drinking game on. https://www.businesswire.com/news/home/20240118295014/en/Xerox-Holdings-Corporation-Plans-Webcast-to-Discuss-2023-Fourth-Quarter-and-Full-Year-Results — read more 

Lil Stevies announcement has frozen this place. MOTHING happening around here: no activity. No orders. No installations. No projects going on. Its like everything is frozen in place. What a shitshow in Webster and across NA. INdications that its... — read more 

Looks to me like the company is being very generous with severance. Take a look at the payout/severance for JCS. XRX will pay JCS over $1.7m just for leaving the company. Wow. ... — read more 

Some posts suggesting that TKkk fudged numbers. Can you say more?

Are the layoffs primarily affecting US markets or going to be seeing cuts globally. Aren’t the UK going into a recession!?

The press reporting the 15% story clearly don't get what’s happening. Several of the have reported a 15% cut of “staffers” Its not staff thats going to take the brunt of the cuts. Its SALES. All those former GIS cores, “specialists”, all the direct... — read more 

Are we really going to be in this chaos all the way until Q1 earnings are published? And then, just more layoffs? Glorious reorg, this one is.

I was not able to get on the call. Can anyone give a recap? They never posted a replay. I have only heard so far that he said bankruptcy and that things will break.

JC-S, JW, SH! Gone? Is this it for the iGen?

Our location is in total disarray this week. No work getting done, just people talkong about the layoffs, reorg and what-ifs. Were probably all out of here in a few weeks. Heck, the headquarters “leadership” is probably out too. It definitely has... — read more 

did he say bankruptcy?

Think of all the reorgs, re-alignments, “new” focus statements from Sr Mgt. Ann, Ursula and especially JV and Stevie, told employees, customers and the stock market all kinds of things that were going to be growth engines: business process... — read more 

Are all the production inkjet tigers gone already?

What is the package to volunteer for US based employees? I am not volunteering until I know what the offer is - it might just be a bigger box to pack up your '#$!&' and get out. If that is the case I will take my chances - and hope to collect more... — read more 

Did I hear right that senior leadership is actually bringing back CEO club this year?? We just announced a “strategic realignment” that means eliminating 15% more of our workforce and someone thinks it’s a good idea to go spend millions on a trip to... — read more 

RB is taking over JCS's responsibilities on an interim basis. AL from ESI is out (unsure if fired or resigned) and KP from C2 in VT (2021 ITS acquisition) is taking on some/all of his workload, which will be a disaster. RB is saying there will be... — read more 

I've been working here for years, and went through so many reorgs that I lost count on how many times I dodged the bullet. I don't stress about it anymore as much. Over years you kinda develop your own coping mechanism and the routine of putting... — read more 

Which areas can consider themselves safe from cuts?