Those who are being rebadged met with a manager and were told they have until Friday/Monday to accept offers from HCL. If they do not accept they will be terminated. As of today they are considered HCL employees. No benefits should be changing. HCL... — read more
Sales Status
I’ve been told, sales representatives will not be affected? Is this true? Xerox or GIS?
Mandatory town hall today
Just received an email containing a meeting invite for a mandatory town hall with hcl leadership. Bye xerox.
Did we learn anything of substance from that Webex?
What a bunch of garbage. We left more confused than ever. Does anyone know WHO is be rebadged? We don’t.
"Technology Powerhouse" - Another FAILED webcast
Another webcast and another system crashing. Can't even log on and authentication is failing. Nice work xerox. Did you try adding another ISDN line?
You will be okay
I know I'm not the first to say this and I will most likely not be the last, but whatever happens today, you will be okay. Everybody I know who either left Xerox or was laid off is doing so much better now. There is a transition period where it looks... — read more
Is Chapter 11 a possibility?
I'm wondering the way Xerox has been going - stuck on a downward trajectory for so long - is it possible that we could be looking at bankruptcy sometime down the line? I don't think it's going to happen this year, but I'm more and more convinced that... — read more
What could be the selloff scenarios?
I’m not sure that anyone can answer this question correctly, but i would like to get some opinions on what parts of the company are they most eager to sell and what are they planning to keep? Also, I would like to know what does selling some part... — read more
What's going to happen today?
Another day at Xerox, another sleepless night... This has now become a pattern. Every several weeks we find ourselves in a position of having to worry about what's going to happen to our jobs that or the next day. Talk about stressful work... — read more
Have any Core technicians/service repair received the lump sum email?
Attempting to gauge whom this is geared toward if any service technicians in GIS cores have received the email.
XIM to Wipro
XIM is already in the process of being out sourced to Wipro. I think this is in relations to IT functions that might exist in XBS
https://twitter.com/TheLayoff/status/1107817871344877568
https://twitter.com/TheLayoff/status/1107817871344877568
Rebadge to HCL or Leave?
What's your preference?
An Ideal Xerox Employee Attributes
who has the wisdom of a 50 year old, the experience of a 40 year old, the drive of a 30 year old, and the pay scale of a 20 year old.
Xerox decreased by Deason Darwin
Interesting article just let out a couple of hours ago... things are catching up https://enbulletin.com/2019/03/18/position-decreased-in-xerox-corp-by-deason-darwin/
Steve Hoover?
Any guesses why Steve Hoover is not included in the members of the Executive Committee included in the 8-K filing?
WebEx 2morrow?
Is the webex still in for tomorrow after this?
IT Vendor Management
Any impacts in the group that is doing IT Vendor Management?
Lump sum payout from Xerox?
Did anyone just get this? A few of our admin managers did at our company (XBS Core) and I am wondering if anyone has information on what this means? Does this mean they are being laid off? Is this severance? How does this relate to the move to HCL?... — read more
This day s---s.
We have all ready the recent filings about HCL. Now what? Just work? HA HA! Ya right!
Is there a legal limit how much they can outsource?
I’m guessing no, but not really an expert on the matter, so thought I’d ask.If this HCL deal works out as the Xerox leadership expect they will be outsourcing more and more, an who could stop them.
What is the difference between GM in the news today and XEROX/GIS/XBS outsourcing news this week
Use the tools available to communicate
HCL Agreement Officially Announced
Link: https://investors.xerox.com/sec-filings/sec-filing/8-k/0001193125-19-077420 Page: 19 Contents: "In March 2019, as part of Project Own It, Xerox entered into a shared services arrangement with HCL Technologies pursuant to which we will outsource... — read more
Really good article
Excellent article that applies to the situation many Xerox employees are in right now. It gives several options on possible legal actions against the company... — read more
John Visentin 2018 Pay $23.5M, including 17.5M of Stock
The Dow Jones reported this last night. We are losing 1000's of jobs and he is getting paid Millions to be arrogant and ensure the company can be dismantled.
There goes the financing unit
https://whtc.com/news/articles/2019/mar/18/xerox-says-exploring-potential-deal-for-financing-business/ Not too surprised
Please read this opinion
Unemployment is administered by your State Department of Labor. They decide if you get unemployment based on their State administered program and potentially the results of a review process with you and Xerox providing input. There are some... — read more
Any way we can know who the re-badgers will be?
Any indication which employees will be offered to rebadge to HCL, and what happens to the folks in outsourced parts that won’t be offered that option? Does it mean an immediate layoff or are there some other options in play?
The responsibility of the demise of Xerox rests solely on executives, some management, and corporate raiders
Remember, Xerox Direct was the cash cow for the company for many many years and paid for all of the channel expansions. We had high market shares in the largest accounts in the world. The employees were hard working, skilled, dedicated and paid very... — read more
The War is LOST
To all my GIS peers (no, I will not refer to it under that new stupid name) - it's over and there is nothing that we can do to stop it. Bad decisions by executives at Xerox and even GIS created this mess allowing for people like Icahn to come in and... — read more
Tuesday is the day
Tuesday is the day you will find out if you are being rebadged to an HCL employee starting April 1st.You will have to decide in a few days whether to accept the offer they give you. If you don't, you have resigned. How do they expect us to finish the... — read more
To what degree with the company restructure if some parts are sold off?
I’m wondering about the potential restructure within Xerox if and when some parts of the company are sold of. To what extent does the company plan to change and what parts and worker positions are mostly in dangers if such a thing should happen?
Holding Company suggests plans for future sale
At 5:30pm EST on a Friday evening, Xerox submitted a 158pg Schedule 14a Preliminary Proxy statement to the SEC. Friday afternoon releases are always interesting, and this document provides some further guidance on where we are headed as a company... — read more
XBS department closures
I am an XBS Core employee. Has anyone heard anything about the Dispatch and Supply departments? Are they staying or are they going?
What parts of Xerox have the potential to be outsourced next?
The events in the past and the recent HCL story have proved that the company leaders want to outsource as much as possible, especially with the state that the company is in right now. Curious what segments of Xerox’s business have the biggest... — read more
Carl's History of ruining lives - link
Scroll down to the spreadsheet at the bottom to see the thousands of people this animal has impacted in a negative way http://hedgeclippers.org/hedgepapers-no-30-the-dangerous-deeds-of-carl-icahn/
WAKE UP GLOBAL IMAGING
Johnny V Stevie B Mikey F They attacked GIS cause they can't fix traditional Xerox and they want to make lots of money in two years GIS was not perfect but the cores did $2 Billion with 15% plus ebit plus what FUJI makes They cut your healthcare Your... — read more
Monday March 18th
So I read the post about vacations being denied so that people are in attendance for Monday and Tuesday. I understand Tuesday is the meeting. Any ideas why Monday might be a “mandatory” attendance day???
Xerox Memo to Staffers: You May or May Not Have a Job with HCL
Some 250 members of Xerox Corp.’s local workforce have been given the option of either a voluntary layoff from the company or a potential transfer to HCL Technologies Ltd. Xerox has been in talks with the Indian information technology and software... — read more
Share buyback, Just in case you didn't know
Great article linked below, it's happened full tilt in Xerox, company coffers were raided to pump the share price....... These guys know their game, the Xerox board was weak and they exploited that weakness, noow they maximize return by whatever... — read more