"Whoa! I had the call at 8:00am this morning and I was flabbergasted. My first thoughts was of this release; Xerox has become the latest technology heavyweight to issue a major round of layoffs.The company revealed on Thursday that the sagging economy has forced a reorganisation plan which could see some 3,000 jobs eliminated. Such a cut would remove five per cent of Xerox's total workforce.
Global Imaging Systems, Inc. is owned by Xerox, Global has agreed to buy Comdoc.
For the sake of almost 3,000 people who lost their jobs, was this a good move by a Xerox owned company? Heck in Rochester the other day, Xerox laid off 40% of the HR department!
Terms of the deal have not been disclosed, however I'd like to see where all of the money came from. You don't go out and lay off 3,000 workers and then buy one of the largest independent dealers for office equipment in the US."
The man has a point. How about $10 million for an employee transition project? We can spread really smart Xeroids all over the country. Plus supply of manufacturers with awesome experienced people. Plus baby boomers don't want to work full time. They just need a good health insurance, a basic pension, and broadband excess. Plus we have to figure out a way to conserve institutional memory. Plus we don't have to spend $385 million to save $200 million a year going forward. Any projection of savings in 2010 is just bookeeping bs anyway.
Why wouldn't we get this right? We get back on the side of the angels and allow Ann and Ursula to hold their heads high.