I am hearing Xerox is attempting to offer some direct sales people other positions at GIS in order to not pay severance to individuals who decline the move. In addition, Xerox will absolutely fight these persons unemployment benefit requests. They... — read more 

Were you due your severance pay end of 3rd quarter and now told it will be an additional 2 weeks?

Anyone else have severance that is MIA?

There has not been a lot of chatter about more layoffs, which I find encouraging. I'm going to assume no layoffs, but if somebody knows differently please share. I'm just hoping to stay at Xerox long enough to find a new job. I have zero desire to... — read more 

Wharton or other should make a case study out of Xerox. Unskilled mgmt, risk averse, unable to monetize anything new even with the might of PARC. SAG functions cannot succeed because of continual budget and staff cuts. It’s 2018 and mainframe is... — read more 

While many have shared their concerns about Xerox and their business prospects, their disdain and lack of empathy for employees seems most tragic. Their lack of work life balance, deceitful activity, advanced “coaching” techniques, ageism, and false... — read more 

Hello everyone, Here we go again, another Thursday. Has anyone heard anything yet?

It’s hard to believe just how small Xerox has become. As of today, Xerox Market Cap is $6.9B. Compared to HP $41B, Canon $35.6B, Ricoh $8B. Even one of its former partners have grown more....Docusign is all the way up to $8.4B! 20 years ago, Xerox... — read more 

It's been quiet, no rumors so far.

I heard from someone who still works at Xerox that it was formally published on The Hub that Xerox now plans to layoff 1/3 of its global workforce... can anyone corroborate? and Please paste the text here.....

Lots of talk about pension, etc and severance payout. If you are let go and qualify for say 8 weeks of severance, do you get 2 weeks of salary continuance (i.e. health benefits) and then a lump sum for the remainder and you're out (no more benefits... — read more 

Why is HQ/HR hiring data analytics people? To find a more efficient way to lay us off? Who would want that job? Anyone know anything about this? Also it's Thursday- LAY OFF DAY! Anyone hear anything today?... — read more 

Has anyone heard/seen any of the supposed layoffs this morning in Webster R&D?

Made the decision to leave this joke of a company and I'm feeling great about it. Like a huge weight has been lifted off my chest. I might be going to a lower pay, but frankly I don't care anymore. My mental health is more important than 5% of what... — read more 

Notice how John V is loading up on corporate officers from IBM? Take special note of Smee. Don't take the 12 weeks of severance, you won't be able to participate in an age discrimination lawsuit. This is about to happen to us:... — read more 

Next year's interest rates have been updated for your benefit projection.

https://www.bloomberg.com/news/articles/2018-09-17/ibm-is-being-sued-for-age-discrimination-after-firing-thousands

With all the changes taking place can anyone tell me if our pension can be affected. No one can tell me for sure if our leaders get creative can they mess with our pension. Can we lose our pension or is it legally protected. I plan to bail out in 6... — read more 

Rumor - 60 to be let go in Research and Development on Thursday 20th of september. Although there are over 1K worldwide, 60 will be let go. There are many in Webster in R&D. Another Rumor, goal is for D05 and D06 reduced by 20-30% over the next year... — read more 

Those of us that have earned 6 weeks vacation (25+ years) will soon be limited to 4 weeks.

Anyone hearing anything about banded folks (D05 specifically) being downgraded, and corresponding cuts in compensation? I assume APIP will be a thing of the past as well.

I am 50 and not ready for retirement yet. I am not sure if I should rollover my RIGP amount to the 401K or leave in the trust. Does anyone have any thoughts or suggestions? Leaning towards rollover due to state of the company.

I received my severance payment today. I was surprised to see that it was taxed at a higher rate than my regular pay. Federal at 22% and State at about 10%. It would have been nice if this was called out in the IRIF Information Package. Payment was... — read more 

Might make you laugh or tear your hair out. Or both. Xerox in a nutshell. A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their peak performance... — read more 

Close to 50 employees fired by Xerox on 30 & 31 August 2018 from Xerox Gurgaon Location India for no reason. Restructuring is the reason what they have given to me and many. Lack of vision, Poor management failed to save employees. All Big fish smart... — read more 

Thursday seems to be the day the past few weeks. Are there any layoffs happening today?

I know it must be very tempting to quit right now, but trust me when I tell you those on top would jump for joy if you did that. You'd be saving Xerox and in turn them severance money. Why not wait it out and let them lay you off? Start preparing for... — read more 

Low morale, growing attrition, melting benefits, more work for less pay... I'm just wondering, where will Xerox go from here? We are already hitting rock bottom. With employees so unhappy, there is no way we'll see any movement up any time soon. So... — read more 

401K match is ending. 4 weeks of vacation max. Some managers who don't have enough direct reports will be dropped to a lower pay grade. Now drop & give me 20 you worthless sack of garbage!

In my position I usually come in to many emails in the morning. No less than 15 at the extreme lowest - upward of a couple hundred on the other extreme. Today, I open up my email and I have exactly one and that one is a Yammer update. The support... — read more 

https://www.zacks.com/stock/news/317707/xerox-xrx-grapples-with-higher-costs-and-lower-demand

The sales organization announced two weeks ago that we no longer spend time contacting customer detractors and attempting to resolve the issues behind low customer satisfaction ratings. "Let them go - don't worry about them" is what we were told... — read more 

Just in case there is someone who hasn't read already, here is the link for the full press release announcing Joanne Collins Smee as the new Chief Commercial Officer https://www.businesswire.com/news/home/20180910005755/en/

Today.....Xerox announced a Chief Commercial Officer. Reporting to the recently announced Chief Operating Officer - yes, both from outside. How many were let go to make room for these two 'chiefs"? I'm fairly certain they are not 'worker bees' nor... — read more 

Continue to share details to help others but what will be will be. Just be prepared. I've wanted to change careers for a while. I'm riding this plane to the ground then when it's my time, I'm going to leave with joy in my heart and I'm not looking... — read more 

Last Friday my manager called me in to show me what I'll be taking over for my laid off friends and co-workers. I asked him if management REALLY cared if the work was done or not. He could only shrug and reply, "I don't know...". Oh brilliant! I'm... — read more