Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

You Too Can be an Activist Investor!

You’re My Hero Carl! https://www.cnbc.com/2023/04/28/carl-icahn-slams-illumina-q1-results-and-cost-cutting-plan.htm Excellent template resource! “______ CEO ______ seems to believe that he can fool all of the people all of the time,” “Those not... — read more 

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| 1470 views | | 1 reply (April 30, 2023)
Post ID: @OP+1mmpMT4t

Do NOT sign MAA

DO NOT SIGN the MAA document, this is very unlikely legally enforceable, and a scare tactic if you are already employed. If you have 401K money managed by Xerox (via Voya), pension due, or the possibility of any legal (or medical) claim this is a... — read more 

Prioritize what needs changing

I no longer harbor any illusions that things will get better here. Nevertheless, I can't help but sometimes wonder about what could be done to at least slow down the decline of the company, that is, what would be the priorities to change?

Q1 figures

Financial Summary Q1 2023 Revenue of $1.72 billion, up 2.8 percent year-over-year or up 5.5 percent in constant currency. GAAP earnings per share (EPS) of $0.43, up $0.81 year-over-year. Adjusted EPS of $0.49, up $0.61... — read more 

Age Discrimination Lawsuits?

Anyone know of any class action lawsuits against X with regards to Age Discrimination (specifically referring to the HCL action a few years ago)?

LP resigning rubs me the wrong way.

A legal expert leaves just as the mutual arbitration agreement drops. 2018: "Pastor will oversee all of Xerox’s legal affairs, including legal aspects of the company’s various strategic initiatives, and lead the company’s corporate security and... — read more 

PARC is gone

Donated to SRI International, a research company. Email from CEO just now.

Stocks

So how is your Xerox stocks?

IT Services

Any rumours around IT Servicing restructuring globally?

Glass ceilings and constructive discharge

That merit raise was one of the thousand cuts they have been inflicting on employees for the past decade. Take away their happiness, slowly strangle the morale out of them, take their cars away, stop matching their 401k, make work conditions so... — read more 

Outsourced Recruiting

Any experience with the outsourced recruiting group in the Philippines? Our experience has been a disaster, very poorly trained recruiters, limited English language proficiency, no accountability, poor candidates, etc.

Getting back on track

I intend to leave, but I'm sad to see what a once great company has become. I think that X needs a better leadership with a vision, however sometimes I think that it may be too late for this company and that now not even a miracle can help it get... — read more 

2023 Merit Raises

I received my highest raise in 15 years; 4%. Making over $72k ad a tech. Not too shabby.

This is not a company I want to be a part of

Our core experiences these same things on a daily basis. Not billing customers , sending them inaccurate invoices with cost of equipment , putting customers on hold for no reason, terminating service contracts for no reason, not booking orders for... — read more 

Jobs out there

I am happy for those who left this company and got a better opportunity. However, are people really finding new jobs so easily? Reading all these posts saying there are many better jobs out there makes me a bit depressed because I've been looking... — read more 

Lost hope awhile ago

I thought Ursula was the biggest tu-d leader I’ve ever met. She was greedy, lazy and self serving. Hard to believe she was topped by the worst of the worst. John V, little Stevie, scary Mary, Joanne not related to Jim Collins-Smee. The get rich at... — read more 

Xerox has lost all respect with employees

There are fewer and fewer workers who still believe this company has any positive sides. Lousy treatment of employees, lousy products, lousy benefits, and constant layoffs are just some of the things that have become the norm in the last ten years or... — read more 

I got a laugh.....

Went to the Xerox homepage, scrolled to the bottom. There is a link there for Careers. Ha Ha Ha....... You might get or have a Job but going to this place for a Career ???? Ha ha ha...

Retirement health benefits question

I know this might not be the correct forum and that Xerox long ago got rid of medical benefits for pre-65 retirees. But does anyone know if any of the Xerox Retiree associations offer any kind of group coverage? The ACA is too costly if you don't... — read more 

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| 1760 views | | 1 reply (March 19, 2023)
Post ID: @OP+1lIqK8Wi

XRX ticker

Has anyone else noticed that when certain team members are on vacation the stock goes down and only goes back up when said members return to the office? It happens way too often to be coincidence. Let me know your thoughts.

RiF

Another bunch RIFed today from the software side.

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| 2390 views | | 7 replies (last March 18, 2023)
Post ID: @OP+1lGj2w3k

HCL

I’m hearing HCL is going to be replacing sales managers. Marketing is replacing VPs. Warehouse managers replacing VPs of Ops.

Most Ridiculous HCL Screwups

So curious to see the most ridiculous screwups from HCL. I dont think I could be surprised by any story. I have lost a customer because it took over 1 year to deliver a 2nd device on a 2 machine deal. Reason? HCL never submitted the order for the... — read more 

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