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Xerox Corp. plans to cut 3,000 jobs, or 5 percent of its work force, because a slowdown in orders from large U.S. companies has dragged down the printer and copier maker's profit margins. The ...
Xerox, the IT corporation behind ubiquitous office equipment like scanners and printers, is laying off 15% of its workforce as part of a so-called “reinvention” strategy.
Xerox's third-quarter net income was $258 million, or 29 cents per share. But excluding onetime charges and the settlement of tax benefits, the company earned 26 cents per share.
Xerox Corp., the largest maker of high-volume color printers, plans to eliminate 3,000 jobs in the next six months and speed manufacturing cost cuts to cope with an ``unpredictable economy.'' ...
Xerox CEO Ursula Burns said Friday the company will reduce 3,000 positions - about 1,000 of them coming from normal attrition. It is unclear how many local workers will be affected. Xerox has ...
Xerox’s stock has slumped 7.1% amid a four-day losing streak, which started after it closed at a 16-month high of $18.94 on Dec. 27. It has run up 15.6% over the past three months, while the S&P ...
Xerox Holdings Corp XRX: 3,000 jobs Xerox, based in Norwalk, Connecticut, cut 15% of its workforce at the start of the year to restructure its operations. Microsoft Corp MSFT : 2,900 jobs ...