Xerox Seeks to Minimize Loss Amongst Sales
Recently Xerox has announced the sale of its Wilsonville facility to a long time partner, 3-D Systems. The $32 million price tag comes with an added bonus: 100 Xerox engineers, contractors and designers will keep their jobs and continue on at 3-D Systems. The company announced that it plans to double research and development spending over the next few years. With 3,000 employees in oregon and recent losses of 300 employees in Coos Bay and North Bend, this should come as welcome news to many families as the deal is cemented over the Holidays, to be finalized sometime in January.
More Xerox: Going Robo Sans the Skynet
The last decade has seen the pen, the paper and the face-to-face go the way of the dinosaur in exchange for computerized questionnaires and tests designed to ferret out the cream from the crop. While this can be incredibly frustrating, apparently it has worked fairly well for Xerox over the last couple of years.
Using a system by a company called Evolv, personality-detecting questions were lobbed at applicants in a survey format as well as some general technical questions that may play into their interest in the sort of technology Xerox works with. Testing also multitasking and pattern recognition, the survey culminated in a particularly challenging customer call. Some people did really well and were hired. Some bit the dust. Some that were hired didn’t work out. But over time the data collected formed a better profile of the kind of worker that would be efficient and last in the long term, while still being fair to applicants.
One company, Pegged Software, has used a similar system and found out that there’s no reason to believe someone with a college degree will find more success as a software developer than one without. Although there are problems to this approach, it’s the first step in better understanding the employment environment in general, and helping the workers that are actually most qualified gain the best positions. That and it never hurts to deliver the sort of swift kick to cronyism that this approach does.
Evergreen Museum Planes Up For Sale
The iconic Evergreen Aviation and Space Museum looks poised to take some invaluable losses as some of the oldest planes in their collection hit the auction block. Although the property and facilities are owned by the Michael King Smith Foundation non-profit, about 20% of the exhibits are owned by financially hurting institutions – the largest of which is Evergreen Vintage Aircraft, with fifteen planes. Evergreen Holdings Inc, a subsidiary, owns two of the arguably nicest and most valuable aircraft, valued at $1.75 million and $250,000 respectively.
Although Howard Hughes’ Spruce Goose is safe, a 20% loss is a huge one – even if the impact is being downplayed as a result of most visitor popularity landing on the newer planes, and the aforementioned Spruce Goose.
To make matters worse, the past year has seen the Department of Justice investigating purported financial “comingling” between the museum and Evergreen Holdings, however no further information has been released.
Oracle, I Choose You!
In a move that shouldn’t surprise anyone (except for maybe Art Robinson), Cover Oregon has hired some lawyers and other “experts” to extract money out of Oracle so that they can help foot some of the rising costs of what can only be described as an ongoing avalanche. At a cost of $4 million a month, who can blame them?
by Johnny Beaver