We didn’t even make it to the first week of the new year without major layoffs in tech. Xerox plans to lay off around 3,000 employees (15% of workers) as part of restructuring.
Xerox has been shrinking for years so this may not be a surprise to many.
https://www.cnbc.com/2024/01/03/xerox-layoffs-company-to-cut-15percent-of-workforce.html
@carnage4life TIL: Xerox still exists
@ucblockhead Damn it, you beat me to it. @carnage4life
@carnage4life its an election year so biden is gunna get the fed to pump up the stock market so he can say the economy is good while republicans are going to get ppl fired and cause unemployment so they can say the economy is bad.
@carnage4life Wait, Xerox is still in business?
@darryl_ramm The remaining Xerox employees who weren’t laid off must be shitting their pants right now