In the world of corporate finance, not all moves are as transparent as they seem. Recent developments surrounding Xerox’s massive $550 million share buyback raises more questions than answers, particularly when delving into the nuances of the... — read more
Carl Gave X 5 Finger Dth Punch
According to legend there was a Kung Fu master named Pai Mei who would strike in such a way where your heart would be expldd but you would not be ended immediately. Once you walked a few paces you would only kick the bucket then and only then. .. — read more
Wow crazy bonus structure for sales
Okay if you have a really great Q1 and a really great Q2 you get a bonus yay oh but watch out the finance mba’s had their thinking caps on. If you don’t have a great Q3 and Q4 guess what??? We’re gonna take that bonus we gave you and take it right... — read more
Uncle Please Come Back
Dear Uncle, We are down 9% since you left. We miss you Uncle. Uncle - Nephew Stevie is saying we have AI but all I have seen is a. ppt when I was in Miami. Is AI at X really mean Always Imagining Uncle??? He also say to me "I buy you out you... — read more
Xerox Renewal!!
https://www.industryanalysts.com/092923_xerox/
Should I join Xerox as a Sales/ Account Executive
Recently had an interview at Xerox for sales/ account executive role and I wanted to know if this is an industry worth going into or is it dying completely.
Icahn Gone - Good or Bad ?
Is this a management or larger business issue - something more serious that even Carl thinks "I am outta here-this is not a good investment" - Uncle Carl is about making MONEY. But, with him now gone, it that good or bad for Xerox? Clearly this has... — read more
Sharp Announcement same week as XRX meltdown
https://www.printweek.com/product%20news/article/sharp-pushes-into-production-print-in-usa
Uncle Carl is gone
Seems he finally needs the money to save his own company. https://www.news.xerox.com/news/xerox-announces-542-million-repurchase-of-shares-from-carl-c-icahn-and-affiliates
Xerox no show at Drupa 2024
The document company can’t even be bothered to attend a significant international print show - every other player is there, what an embarrassment.l to a once leading company. https://www.printweek.in/news/xerox-no-show-at-drupa-2024-57983?amp=1 — read more
More layoffs coming
Q3 is shaping up to be another beauty. Layoffs coming by end of the month.
I found a better job
It took me a while but I'm finally free. I can't tell you how much lighter I feel just knowing that come next week, I'll be gone from this place for good. And no, I have no intention of staying for two weeks. Xerox doesn't deserve the courtesy of a... — read more
Xerox and Lexmark - The rest of the story
I noticed the past form past week was taken down (a 2nd or 3rd time I believe). Anyone care to comment - how deep is the partnership between xerox and Lexmark ?? Lexmark is mfg the new A4 products - that’s pretty clear. Xerox is fulfilling... — read more
Carl gets beat at his own game
https://dnyuz.com/2023/08/21/corporate-americas-chief-critic-carl-icahn-gets-his-comeuppance/
Xerox Yard Sale… Everything must go!
What’s next up on the auction block? Anything left? Dividend getting hangry… https://www.industryanalysts.com/081523_xerox_canon/
Bruno to the Rescue
He understands what is going on now. Changes are coming.
Any Global / Core employees still working at Mother X?
I was in sales and management for a global core and loved the business and people I worked with prior to X coming in like a wrecking ball and destroying the business. Are there any people still holding on at Xerox? How have things gone in the past... — read more
Insider Trade - Steve B sells
Why did Steve B just sell 135,000 shares for $2.1M ?
The Tech Power House is the Nissan of the print world.
Once respected, now churning out Big Altima Energy riding your tail and bad credit.
Icahn’s stock price down more that 20% today
The poor baby had to cut his dividend in half and the stock price is diving. Xerox, pump more cash into good old Carl’s coffers. Otherwise, his ponzi scheme will collapse!
Any new rumors about possible layoffs?
Usually there is some truth in rumors, but I haven't heard any rumors about layoffs in a long time.
Stock price increases on better results!!!
https://www.barrons.com/articles/xerox-second-quarter-profit-tops-estimates-7d0cd83d
CEO Club?
No updates, no leaderboard…nothing. Maybe they will let us know how to qualify by Thanksgiving.
I guess it’s my turn
I’m getting less and less work each week. This has never happened to me before. In fact, the opposite was true, so I assume I’m on the next list to be cut. I thought I would be scared or worried, but I’m neither. I’m excited about getting paid to... — read more
Xerox gives raises to improve employee retention
FYI to all Xeroids. A week ago Xerox gave out surprise raises to some TSR’s and Specialist to help with retention. Of course those individual were asked not to say anything…and they wonder why there’s a trust factor. The raises were between 4 and 10... — read more
Xerox = “Munson” in technology.
There’s no way Google could blow it as bad as xerox. https://www.bloomberg.com/opinion/articles/2023-07-13/google-s-ai-blunders-rival-xerox-s-pc-mistakes-lk1jxmc1?in_source=embedded-checkout-banner
Retiree Insurance Settlement
My father worked for Xerox and retired ~20 years ago. I also worked for Xerox for 33 years and got caught up in the HCL thingy a few years back. His 'Lifetime' Health insurance was cancelled a few years ago by Xerox, but now I see that Xerox lost a... — read more
Any more Agents left?
Any agencies still out there? Senior leadership posts about Dealers and Partners, but never Agents. When is that channel being merged into XBS? Happened to GC so NAOO is bound to be next.
Market adjustment raises
A big thank you to those who have voluntarily left the company. X has invested millions of dollars in raises to bring salaries up and many people are getting significant salary increases.
To the 4th graders in xerox management….just a little thank you….
Oh Thank You xerox management. You are so special to me. Thank you for the bad decisions and the gross mismanagement here. Thank you for the bonehead ideas and policies you implement. Thank you for the layoffs and staff reductions. Thank you for... — read more
Quarter end madness, then?
Typical quarter end madness here. We’re expecting the layoffs will be next week, if not this afternoon. This place is nuts!!!
Xerox is run by incompetent leaders
It's as simple as that. All the failures and all the lack of innovation and focus on what has been instead of what could be is the fault of failed leadership. It's sad to see people turn on each other in the comments here when all the anger should be... — read more
Xerox Service
Can anyone advise what the current state of xerox service is relative to competitors? I’m hearing that, “all industry players are having problems due to supply chain constraints not just xerox so stop complaining.” Any objective insight regarding... — read more
Xerox Canada
Can’t wait for the TV infomercials, radio ads and billboards! https://stlawyers.ca/blog-news/xerox-layoffs-severance-pay/