Topics regarding layoffs at Xerox Corp.

Topics regarding layoffs at Xerox Corp.

Could you make it if YOU lost 2.3% of your Income?

If Xerox folded tomorrow and Carl Icahn lost EVERYTHING he invested in Xerox up to date, you know how much of his total investment portfolio would be lost? Answer: 2.3% Out of the 19 companies he is invested in, Xerox ranks #8 on the list in terms of... — read more 

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| 1820 views | | 6 replies (last December 24, 2018)
Post ID: @OP+WJuLsdS

another box checked

severence package reduced -check layoffs- check reduced 401K company match-check more layoffs- TBD vacation reduced-TBD

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| 2150 views | | 7 replies (last December 28, 2018)
Post ID: @OP+WIUwfPp

Change the mindset, change the game folks!

Swim upstream! Today’s X-Men stick two fingers up at industrial age karma, they take none of that by-gone era’s baggage, they evolve fast by stripping non-value out of the equation and they do it one baby step at a time, but many baby steps every... — read more 

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| 1550 views | | 3 replies (last December 20, 2018)
Post ID: @OP+WIfI72U

Too many sales channels

Maybe Xerox should consolidate all of the channels into one. Direct Sales is going away, Global Imaging is consolidating, Agent's are suing Xerox and turning into Resellers, and Resellers/VARs are selling competitive equipment along with Xerox... — read more 

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| 1500 views | | 3 replies (last December 20, 2018)
Post ID: @OP+WHTyzxM

Contractors are still being affected

December is not safe for contractors. I am one and I know there's more. Contracts are not being renewed. Not being actively frog marched "out the door" but just left to expire at midnight 12/31/18. Exactly. It's not what you'd consider a regular... — read more 

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| 1700 views | | 7 replies (last December 28, 2018)
Post ID: @OP+WHmIPXQ

Xerox will be broken up and sold

In a world where time is the key measure for client opportunity cost, outsourcing highly knowledgeable , valuable and productive employees to low cost offshore persons was a bad idea. The work simply didn’t get done properly and there was no value to... — read more 

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| 5280 views | | 10 replies (last January 19, 2019)
Post ID: @OP+WHIcpAC

The industry is shrinking-We better get used to cuts

This article originally covers the topic of the latest layoffs, but what I found interesting is that it also emphasizes the fact that all of the relevant competitors in the business also reduced workforce this year and all of them failed to produce... — read more 

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| 1250 views | | 4 replies (last December 22, 2018)
Post ID: @OP+WGuJzIf

The Xerox Brand

What's sad is that it's so diluted that Millennials have no idea it was once associated with copiers. They think Canon and HP first, or maybe the Epsons and Brothers they have at home. PARC is ancient lore. Document solutions = SharePoint even... — read more 

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| 1300 views | | 9 replies (last December 19, 2018)
Post ID: @OP+WGuC2RC

Unemplyment Question Re: Pension

On the New York unemployment application there is a question as follows: Are you receiving or have you applied for an employer or union pension from employment you had in the past 18 months? Does this mean I can't collect unemployment if I've... — read more 

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| 960 views | | 2 replies (last December 26, 2018)
Post ID: @OP+WGQtotb

No additional layoffs before January

I haven't heard about any more in December but last week I heard there will be more in January. With the credit rating being downgraded to Junk and the 7% drop for the stock price today I can only guess there may be even more to come. Same here, I... — read more 

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| 1370 views | | 3 replies (last December 19, 2018)
Post ID: @OP+WGTiUlq

Global Imaging

Business produced record profits Now Letting go presidents Consolidating companies Closing offices Combining deptartments with xerox Changing benefits Laying off managers compensation changes

Why Xerox Stock Dropped 13% Today

The cost to protect against losses on Xerox debt also jumped, reaching the highest level since [the 2009 Financial Crisis]." This makes the bonds less attractive to invest in, at the same time as it raises investor worries that Xerox might eventually... — read more 

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| 1360 views | | 4 replies (last December 20, 2018)
Post ID: @OP+WGAhziP

The wrong strategies

Believe me people know already about these performances, some even have issues understanding what they need to do and not only employees but project managers and management whom fail to deliver. Like I said earlier the result of cheap labor and self... — read more 

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| 1176 views | | 1 reply (December 17, 2018)
Post ID: @OP+WFpfuO8

How about this Thursday?

Layoffs seem to be a weekly thing now. Am I the only one who's convinced there'll be even more this week?

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| 1280 views | | 3 replies (last December 18, 2018)
Post ID: @OP+WFEttiP

Xerox Employee Loyalty

I've observed some comments on this site eluding to the lack of employee loyalty, as if things would be better if employees didn't post negative comments here. I worked for Xerox in engineering for 30 years. In the 80's and the 90's it was a great... — read more 

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| 1970 views | | 3 replies (last December 24, 2018)
Post ID: @OP+WFMaHKN

This is the price of years of flawed practices

Layoffs, junk status, more layoffs, inability to generate any growth, seems like everything that could have gone wrong, went wrong at the same time. This is just the conclusion of years of bad decisions, no real company vision, and ignorance to the... — read more 

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| 1100 views | | 1 reply (December 16, 2018)
Post ID: @OP+WEWUoPP

Pension Rollover Delay

Does anyone know if Xerox is legally required to pay out my 2018 pension rollover amount if they do not execute before year end? I completed all my paperwork in mid-November, confirmed it with XeroxESC but have not been able to confirm when the... — read more 

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| 1500 views | | 4 replies (last December 19, 2018)
Post ID: @OP+WE0c8XN

Xerox future?

Carl Icahn seems make money in 2 ways: buy enough stock to become a nuance and eventually get a company to pay him to go away. gut a company and sell off every piece of the carcass as he did with the now defunct TWA. I would bet on the second option... — read more 

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| 1930 views | | 9 replies (last December 26, 2018)
Post ID: @OP+WEhRTPm

And there we have it, Xerox now officially Junk Status

You can’t terminate your way to corporate growth. Nor can you succeed in business by treating employees like dirt, especially client facing personnel. Clients are saying, Cut the B S Xerox. They have voted with their wallets. Bye Xerox. Now the... — read more 

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| 1810 views | | 6 replies (last December 18, 2018)
Post ID: @OP+WDLejl1

ACS purchase

Ursula's ACS purchase was the beginning of the end for Xerox. She ultimately deserves the blame for destroying the company. Let's thank Mulcahy for putting Burns at helm.

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| 1210 views | | 4 replies (last December 16, 2018)
Post ID: @OP+WCVWaHb

Why does Xerox exist?

What is its competitive advantage? What does it do better than anyone else? What does it bring to the table that no one else can do better? Answer these questions, and you know why Xerox will continue to be a technology powerhouse.

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| 913 views | | 1 reply (December 14, 2018)
Post ID: @OP+WCnpCBm

Hi

Why is Guatemala not being affected?

Not only employees getting screwed so are Xerox Vendors

The layoffs are occurring around the country at Xerox' Global Imaging sites, so the impact is wider than just in Rochester. And now they are not paying vendors within terms, any vendor without contracted terms are being paid in 60-90 days. While at... — read more 

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| 2040 views | | 2 replies (last December 14, 2018)
Post ID: @OP+WClKvxi

John V Used Car Salesman

No new projects ate being funded in 2019. Nothing to transform how we do business. Nothing to make us a tech powerhouse. Why? That Ichan lackey, John V, is out to make money in the shortest amount of time for his decrepit boss who's ready to enter... — read more 

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| 3120 views | | 12 replies (last December 15, 2018)
Post ID: @OP+WCnAGeR

Am I next

When the layoffs started, my manager asked me to put time on his calendar. However, I am out of the office. So now I am worrying that I am being laid off when I get back.

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| 1970 views | | 3 replies (last December 16, 2018)
Post ID: @OP+WCFIxu9

Some uncommunicated details

What I have heard from a few different sources: count 532, not all Webster, many managers and departments. Severance is leftover vacation, 1 week/year of service, capped at 12. Some we're walked out, others til end of month. Is over? Maybe not til... — read more 

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| 2153 views | | 1 reply (December 15, 2018)
Post ID: @OP+WCBiuyu

Is Xerox really to blame?

Been watching these posts for months. Cant help but notice most are added during the workday. Im assuming its this between Facebook posts. Is Xerox really totally to blame? How many "work" from home? How many jogged at lunch for years, and had time... — read more 

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| 3440 views | | 11 replies (last December 14, 2018)
Post ID: @OP+WBoTwQ3

You're safe until 2019

Congratulations, you made it through another round of layoffs! Go home, eat, drink, be merry. You have nothing to fear for the rest of 2018. 2019 is shaping up to be the year Xerox is divided & sold to multiple companies. The brand will continue but... — read more 

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| 2155 views | | no replies yet
Post ID: @OP+WBwTaTD

How many?

People seem to be saying one was laid off here, five there... All small numbers. Does that mean that this was one of Xerox's smaller rounds? Or have there been more layoffs we are not hearing about here? It'd also be good to know if this will... — read more 

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| 2350 views | | 4 replies (last December 13, 2018)
Post ID: @OP+WBhjXy3

Severance?

What is the current severance package for those being IRIF'd today? I was let go after 38 years when they shut down our research center two years ago. At that time we still got 1 week per year of service, but I have heard that is no longer the case... — read more 

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| 1793 views | | 3 replies (last December 13, 2018)
Post ID: @OP+WBUd4hi

Layoffs are happening

Don't listen to trolls, layoffs have not been canceled. I don't understand why somebody would feel the need to lie at a moment like this. Layoffs are happening as I type this. Personally, I know for a fact Finance was hit today. And it doesn't look... — read more 

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| 1980 views | | 2 replies (last December 13, 2018)
Post ID: @OP+WBgI3NP

Enbi Group and Pierce Industries

Also heard today that these two have teamed up and may be interested in buying our roller manufacturing line. There appears to be some info out there that indicates the company will be broken up and sold. HP has their hat in the ring too for other... — read more 

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| 1910 views | | 1 reply (December 13, 2018)
Post ID: @OP+WB2E7ZL

Xerox lay off

I heard Brightview guys at Xerox will be the next to go

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| 1471 views | | 2 replies (last December 13, 2018)
Post ID: @OP+WBBu4mb

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