Walking away with severance is the best you can hope for at today's Xerox.
We're No. 1 again at something!
Tech layoffs in the spotlight again as 2024 kicks off with Xerox job cuts The printer and copier maker announced plans to cut 15% of its workforce Wednesday Tech layoffs are in the spotlight once again after Xerox Holdings Corp. announced plans... — read more
Quit or Fired?
What happened with JCS and TK? Louie Louie is back!
New layoffs
Steve B announced a 15% reduction in force this morning. Reduction will happen this quarter.
XBS ReOrg Plans?
Is anyone hearing of more re-org plans within XBS and what's remaining of the cores? Given RH wasn't replaced and the recent retirement of JCS, what is the plan and who's leading it? I know they paused on a full "integration" during COVID - I've... — read more
Who plans to leave in 2024?
I'm one of them, how many others are looking for a way out?
Xerox victim of ransomeware
Look it up
Xerox Layoffs 2024
Thoughts? Any Xerox layoffs? Any chatter, news or rumors?
The cat is out of the bag
Lots of beans being spilled about how they're 3rd partying nearly everything out next Q.
Q1 2024 Changes
Coming in Q1 2024 the massive shakeup and reorganisation we have all been waiting years to happen. Look for Xerox to remedy the Fuji relationship, SAG expense, global geographies that are under water, and fix having competitive product (sold by FBI... — read more
Xerox 208 on auction block
https://www.myronbowling.com/current-auctions/xerox
Xerox Canada Top 100 Companies
https://reviews.canadastop100.com/top-employer-xerox Here are some of the reasons why Xerox Canada Ltd. was selected as one of Greater Toronto's Top Employers (2024): Xerox Canada encourages ongoing professional development with generous tuition... — read more
Where's the Layoff?
I keep hearing rumor.
Xerox has sold off it's entire Russian operation
https://www.reuters.com/markets/deals/us-xerox-sells-russian-operations-local-management-2023-10-11/ Sold to local businesses for undisclosed amount
For those about the “divvy”: hold tight, no more cash dividends for now?
Late September, Xerox took a bridge loan to buy back shares from Carl Icahn. Xerox has secured a new loan for $550 million to replace the short-term bridge loan with a supposedly more manageable long-term one. So far, so good. but here is the... — read more
X new branding campaign
"We make the divvy, just don't ask how we did it" "all for one and one for the divvy" "wall street 3 - the divvy" "Meg 3 - the x divvy" "Donnie Boscoedivvy" "Goodfellasdivvy" "make up sht in the budget for divvy" "Stevie pees sitting... — read more
Rumor Big IRIF 12/22
Whatever it takes to book the cuts and cut a check for the divvy.
New Record - 3.8 Billion in Debt
Current debt is 2x+ current market cap of the company! That would be like getting a 10k credit card and putting a 20k balance on it. Stop this madness find life elsewhere you were warned. I'm sure they will cut what / who they need to in order to... — read more
Xerox in trouble with Bridge Loan?
Jeffries / Citi still cannot offload this debt as of this post! Xerox loaded up on debt- the bridge loan .. and despite 2 weeks plus of trying to find another buyer of the leveraged debt deal.. now what? Clearly Xerox cannot afford the ballon... — read more
Rumor - Fuji Rejected Xerox Offer to Merge - Again
True? Sounds about right JV did the same think never mentioned HP and was lying as public record shows he engaged hp a month after he got to x. Sounds like this is the 1st thing x I'd when Carl ejected. Par for the course I guess...
Deep Thoughts - If Xerox made Coffee Makers
Price point wouldn't be disclosed there would be a floor and ceiling. If sales does it's job there wi--y be divvy not sales comp... 7 year leases would be mandatory. No Wegmans pods - All coffee must be bought through x. All proprietary... — read more
Dear Fujifilm
Don't sign anything until Q2 2024 earning are reported. Carl's creeps still here and they will be out of saki by then so you will get a true value for any sale.
Stevie looks tired - Time to go?
X will do that to ya...
Xerox Fact of the Day for 11/1
Fact: Xerox was not the largest exhibitor at all for Printing United 2023. Can you guess who was? If you answered Fujifilm Business Innovation you win a useless anniversary Pin! Will they be at Drupa = Yes! Will x = No!
Stevie Boy sais Trick or Treat?
Both! Trick on you if I got you to stay at this dumpster fire as long as you have stayed. Treat is the mandatory vacation days (unused) that have to be paid. Well maybe that isn't that much of a treat. Just remember work harder everybody there... — read more
Xerox Mgmt. Logic DE-Neutralizer Tool - Free Trial Try it on your Xerox Mgr. Today!
Divvy Back Guarantee if not 100% able to make your product / portfolio / program manager at Xerox lose their sht: Question to manager #1: "So I hear Xerox canceled Xrupa after securing space for over two years is that true?" Most likely answer from... — read more
The Real Reason Why no Drupa for X
Obviously Carl and crew su-ked X dry and bailed, taking the $ with him, But here are the facts: HP is now the champ of the industry, but they are not asleep and are evolving the industry and showing HP Print OS with a full set of PowerPacks at... — read more
What?
https://observer.com/2023/02/the-carl-icahn-strategy-of-purging-employees-leads-a-xerox-executive-to-sue-over-his-ouster/
Xerox so bad even corporate raider bails
Carl Icahn was so frustrated that Xerox had no money to pillage that he just took whatever was remained in his investments and left. Let that sink in.
Gil Hatch / GHCCI /209
I work here and I always pray that Customers do not want a tour of the campus - Whether it's the abandoned building 105 that the Customer has to drive past to make the right turn (please don't look at the abandoned 129 139 147), then the abandoned... — read more
Uncle Please Come Back Part II
Dear Uncle I no expect to come back here to write you so fast X now down 1 billion market cap and now at $12 since you leave us so I write you Uncle like I promise. You so funny don't worry I no tell Sec that you know X stock going way way down and... — read more
Reaction from the C Suite Under 2B
SB: Think about it we spent 3.1B in Stock Buy Back but now we can be wholly acquired for 1.9B think about it think about it energy reinvention think about it think about it JB: you can't take away my 15k per month expense account haha SMW: I am... — read more
Kicking the can down the road...
Announces Reinvention, expected to deliver improvement in adjusted operating income of at least $300 million by 2026. Sound familiar??? It should. (Will we get coffee cups or Rainbow tee-shirts with "Reinvention" printed on them. And how much will... — read more
Stock cratering
If only X spent as much time trying to figure out how to grow the business as they do promoting DEI. Go woke, go broke.