Crumbling under Hickey. Iridessse is only thing hanging on. Mgt and reps bailing.
The lies and BS continue
Just venting... Listening to a former Sales Executive deny ever knowing anything prior to Feb/March about the HCL move in Michigan It was told to me a month ago that he was given a heads up LAST JULY and offered a retirement package to get out before... — read more
A Quote to realize the X in Xerox really stands for our eXit
"When workers jobs are easily sacrificed for short term stock gains---stocks which the leaders own but the workers do not---then the truth becomes clear: We aren't all in this together. You're just in it for yourself, and I'm expendable" Sean A... — read more
Revenue reduction has far outpaced layoffs
Look at this chart. https://www.macrotrends.net/stocks/charts/XRX/xerox/revenue The last time Xerox grew was 2010. Revenue shrunk by 50% in 2015, and we've been shrinking half a billion year over year since then. Revenue reduction has far outpaced... — read more
Every day is layoffs day
Why do people worry about next layoffs date? Have you not realize yet that every day is layoffs day at Xerox? Ask around. Every single day you'll learn about somebody new who was laid off from this or that department. I know there's some comfort in... — read more
We are not selling anything, we are not developing any new cutting edge technology
The “direction” has not been abundantly made clear to the employees other than Norwalk utilization of catch phrases of “Tech Powerhouse” with no substance behind it. We are not selling anything, we are not developing any new cutting edge technology... — read more
May layoffs
Second hand but I’m hearing up to 500 US layoffs in May coming. Such a rough pill to swallow. Sorry that’s all I have.
News on sale
Word on the street is that X will be up for sale soon.
Your choice
So much negativity and strong words. Do ppl really think this is all current CEO doing??! State of business should have been dealt with last 20 years over multiple CEO’s. But when times are good no one complains hmmm And did employers do anything... — read more
More cuts in May
I’m hearing from reliable sources that additional cuts are coming towards the end of the month hitting XBS employees in accounting and upper finance spots Be prepped!! Can anybody confirm this? Not that I have a reason to doubt any news regarding... — read more
Xerox CEO?
Hey- can you guys remind me who is the CEO of Xerox? The one whose favorite book is “Good Night Moon” and is lacking Technology skills? I believe his name rhymes with an anal lubricant? Thanks In advance
Lay Offs getting more callous
Yesterday (4/30) more people laid off in Webster, NY campus Bldg 111. The process is getting more callous, didn’t even provide the usual box to carry out their personal belongings in. May not seem significant but it seems like getting slapped and... — read more
My 2 weeks are in!
Such mixed emotions, but I just can't do this anymore. Between all of this Xerox 'restructuring', slumped sales, attrition like there is no tomorrow and the general panic I had no choice but to look elsewhere. Been here a decade. Sad to see things... — read more
HCL representatives onsite
Has anyone had contact with an HCL Representative on site at their core? How was the encounter? Did they give any insight about the future?
Xerox stock up 70% in 2019
One of 2019's top stocks is a 113-year-old company https://www.cnn.com/2019/04/10/investing/xerox-stock/index.html
Wow! I had no idea .... LOL!
“... the only segment of the business arguably worth anything being GIS.”
John V Investing in People
John V during his webcast announced he is investing in hiring people. Does he mean the U.S. jobs that are currently being offshored to Manila?
The people that weren’t chosen to re-badge will jump ship?
People are not stupid. Everyone knows that the fact that they were not chosen to move to HCL makes them the prime candidates to get laid off, sooner rather than later, of course, in parts of the company that were outsourced. People are leaving as we... — read more
Official HR Policy on hiring ex-Xerox employees
As a department head who has lost numerous people through retirement or leaving for other companies . . . I was informed when several of my recommendations for contract workers were denied stating that the new HR policy does not allow the rehiring of... — read more
Can a company strive when most employees despise the management team?
Everyone I speak to absolutely hate JohnV and the rest of the management team. They are absolutely despised to the point that many employees are now wishing for Xerox to fail. In these circumstances, can a company survive, let alone strive? What an... — read more
Recap of our demise
Decided to take a minute during my break today to chronicle this mess that XRX management has brought upon us - at least from one core's angle. Normally I would be posting for jobs now yet this will be better 1: years of mismanagement and a lack of... — read more
Offshoring doesn’t bring value
It’s one thing to outsource all that is possible, and it’s harmful enough. Aside from that, there is another, may be much more harmful element to this process. A company growth and innovation is always based on people that believe in the company, and... — read more
HCL employees only group
I was curious if it was possible. Could there be a group webpage or forum somewhere that only ‘rebadged to HCL’ employees were members? Or would it be impossible to govern/monitor/manage or prove If it could be anonymous like this site but require... — read more
USA rebadged folks who got Addendum Letter
Still sinking in about that addendum letter many of us rebadged folks got this week. I'm looking for a job, but wondering what happens if i don't get out of here soon. HCL is committed to 6 months in my ltr. It states 60 days notice will be given if... — read more
Could anybody have imagined 9 or 10 years ago it would come to this?
I certainly couldn’t. I find it tragic what this company has become and the fact that it has the potential to sink even lower, and we used to be a great company. I imagine that the professors at business schools will use xerox as an example how not... — read more
Disappearing Posts
Have you noticed that some posts are being removed? For example there was one posted yesterday about revenue decline and one today about funny nicknames and both are gone. What’s up with that?
stabilizing
This isn’t even about stabilizing anything. It’s about continuing to cut costs and selling their shares. That’s all the current AND previous mgt know to do.
25-30 years of Off Shoring ....
And suddenly you care? Now someone should do something about it? Where have you been when all those other jobs were sent out of the country? What cars have you been driving? What clothes have you been wearing? What household goods are you buying?... — read more
Webcast VP good new
Pickup go nice how like when company and boss go good job CEO not bad guy don't get what all fuss offers are printers etc. How a C70 get people hard but hcl was in India forever and they're said nothing but Jordanian this Jordanian that lady is real... — read more
Was it all for nothing?
Did the mass layoffs stabilize the company and took it out of the free fall? I don’t think so. So, all philosophy aside, it turns out that the management only conducted the layoffs to keep themselves in position a little longer until they open their... — read more
Webcast is a joke
They don't even care. People looking for guidance - and now at least we know CEOs favorite color. Lame and stupid.
Ceo
I love the way that the CEO's of these cores are promising that things are ok and that they can guarantee certain positions within the company. Listen Linda! Understand God himself cannot change what's already done and happening. The best move anyone... — read more
Finance Business
Seemed to be backing off sales of finance business in his Q1 remarks yesterday. Because they can’t find a buyer? Opinions welcome.
The “New” VP of Channels is OUT?
Hearing that the Rose has faded.
Looks like Non-Icahn stock holders know B S when they see it
Hey Icahn, it’s time to buy to artificially pump up the price some more. Don’t forget to buy back more shares Vas---ne, it’s the only way for you to hit your bonuses. It’s a shame Icahn is devastating the American jobs to grow his wealthy cronies... — read more
Xerox cuts 400 jobs in Q1
https://www.stamfordadvocate.com/business/article/Xerox-cuts-400-jobs-in-Q1-13795605.php Xerox cuts 400 jobs in Q1 orwalk-based Xerox jettisoned 400 more jobs in the first quarter of the year while leaving unfilled roughly another 1,100 that opened... — read more
Why are we so surprised with outsourcing?
I believe from the moment the HCL deal was in the form of a rumor up until today I see people within xerox acting surprised, as outsourcing was something we came across for the first time. When we look at the big picture, we will see that the company... — read more
Every company has layoffs
Do people really think that finding a job anywhere else (unless it's a really small family business) they'd be in a better position than at Xerox now? Companies lay people off even when they are doing well (just check some of the other companies on... — read more
What happened to the post on atrocious Q1 revenue results?
Revenue down 7% at constant currency, 9% at actual. Great job Johnny Vas---ne! Now I under why they’re paying $20M +. Continue blowing smoke with the rest of your bozos!!!