The cuts this morning have started. Not a good way to start the week.

TheStreet cut shares of Xerox (NYSE:XRX – Get Rating) from a c- rating to a d+ rating in a research note released on Thursday morning, TheStreetRatingsTable reports. A number of other equities research analysts also recently issued reports on the... — read more 

Tessy Plastics Corp. has completed the purchase of nearly 1.5 million square feet of property on the Xerox campus off Phillips Road in Webster for $26 million. https://rbj.net/2022/07/08/tessy-plastics-buys-three-xerox-buildings-for-26-million/ — read more 

I am one of those who stayed here too long. It's my own fault that I'm stuck here. In general, do you think that you have gained a lot of valuable experience here?

I heard there was a big layoff within CareAR. any truth?

We keep getting new employees all the time. I thought it was well known within and outside of Xerox that this is where you go if you want your career to die. I can't see any advantages to joining at this point. The pay is certainly not a draw, nor... — read more 

looking to consolidate rumors to see if any have legs. who's buying us? who's merging with who? what divisions are getting downsized? share rumors you have heard about and when they are supposed to occur.

Basically, I'm more concerned about myself and how to find a new job, but still I often wonder if anything can save Xerox?

Xerox could have done so much better in the past decade if we didn't have leaders that put greed ahead of everything else. There is so much potential here that great leadership would know what to do with but this group only keeps wasting it. Decades... — read more 

If you quit, you're a failure. That was instilled in me since I was born and for decades later. Now I'm stuck in this horrible company that has no future but I can't get out of the frame of mind that quitting would be admitting defeat. I pray to be... — read more 

Think about it, whoever is chosen to be the new CEO will want to make an impression from the start. The easiest way to do that is to cut costs, and the easiest way to do that is through layoffs. I think we'll be looking at major cuts no matter who... — read more 

Moderator: this is technically about layoffs is it not?

Xerox’s share price dropped yesterday (30 June) following the unexpected death of its vice chairman and CEO John Visentin, while activist investor Carl Icahn is yet to comment on the... — read more 

The silence is deafening today here in Webster. Last day of the Q, last of the mystery meetings to lay people off….and the passing of JV.

Agree / Disagree and why

What do you think?

I'm assuming SB is not going to remain as his permanent replacement in the CEO position. I'm trying to figure out who they can put at the helm of the company for the long term and to be honest, I can't think of anybody who could pull the company from... — read more 

https://www.msn.com/en-us/money/companies/xerox-ceo-john-visentin-dies-at-59/ar-AAZ0NdN Visentin, who was also the vice chairman, joined Xerox as its CEO in May 2018 after he was nominated by Carl Icahn. The activist investor’s firm is the biggest... — read more 

It’s official J.V died at age 58.

Lots of rumors about these two topics. We can all tell he looks like he-l and have suspected issues for months. Would anyone really be shocked if the Fuji deal is resurrected? How else will Carl get his money out? There certainly aren’t any other... — read more 

I was fortunate to leave to a growing industry. I am currently in the process of hiring the smartest one in our group when i left. I feel so good that this smart fellow may also now have a new start in a better industry with a better, well, with a... — read more 

I find it funny whenever someone mentions typical Xerox mentality in a pejorative sense, as if they don’t even work here. Could you please define, what exactly is the typical mentality at X?

I got a decent offer last week and while I was weighing it against my current job, I couldn't find one reason to stay at Xerox, other than that pay at the new position is slightly lower (single-digit lower, nothing drastic). I'm trying to figure out... — read more 

Given the name of this site and the impending N'teenth realignment of the company, a quick history lesson. Since UB's AA hiring in 2009 as CEO, and her dreadful acquisition of ACS, Xerox revenue has declined 60% and the total number of employees has... — read more 

Obviously they can't think of any way to do this other than laying off employees?

Categories Include, but not limited to… Worst Product. Worst Leadership Hire. Worst Accounting Naughty-Naughty. Worst Overall Strategic Deuce. Worst Engineering Fumble. Worst Employee Skrewover. Worst Customer Skrewover.

Yes, there were layoffs last week. No, they were not 10 percent as some predicted nor anywhere near that. In essence, just another normal week at Xerox. I don't understand why people get worked up over stuff like this anymore since it's part of the... — read more 

I'm constantly worried about more cuts but other than that, this is not as bad of a job as some are saying. I might be one of the lucky ones since I have a great team and a great manager, who knows, but I would be devastated if I was laid off. I wish... — read more 

Heard from VP that more cuts to come. All aspects starting with on site associates, sales, technical services etc. Wiping out the road for Q2 earnings.

Xerox is in much more trouble than any of our competitors, that's a fact. What is it that they're doing right that we're doing wrong? Is there anything we could take from their playbook that could be used to help us? There's gotta be something... — read more 

If so, why? Any chance the other show boats will be exiting as well?

Uncle Carl in April was still buying stock. Why would he tolerate a CEO on Forbes 10 worst / highest paid to performance CEOs? Something has to be happening as Cabin-boy JV and Uncle Carl rearrange deck chairs on the Titanic. Just can’t figure out... — read more 

A lot of people (including the majority of talent) believe Xerox has no future so they leave. They spread the word that Xerox is done for so very few of those who know what they're doing want to join. With high attrition and no backfilling, those who... — read more 

Xerox has been sitting on the shelf. There are too many mistakes and it is difficult to decide which one was the biggest.

For those of you that have merged in XBS to consolidated cores. What does that look like, are there major changes? The rumors seem to be true that XBS will be merging with Xerox direct at some point in the next 12 months. Any ideas what that will... — read more