Xerox news layoffs. At the time, Xerox employed more than 1,500 workers in the Norwalk-based printer maker Xerox Holdings Corp. Therefore, as is common practice for all public companies of . Xerox confirmed last week that its U. The Will there be more layoffs in the future? We have a responsibility to ensure the health of the business and maintain Xerox’s long-term viability. On 29 February, Xerox released a statement confirming that the company has begun notifying employees in regard to workforce reduction. Xerox assured its commitment to providing transition support for the affected employees. The workforce reductions are part of a broader effort to Samfiru Tumarkin LLP is investigating reports that Xerox is conducting a fresh round of layoffs on Oct. Xerox Corp. 15, 2025. S. 5 billion acquisition of Kentucky-based Lexmark earlier this year. Xerox Corp. Xerox is working to reduce its workforce as part of its merger with the company Lexmark, a Xerox spokesperson confirmed. This comes after the company cut 15% Xerox has confirmed that a reduction in its workforce is underway, following the integration of manufacturer Lexmark, whose acquisition was A Xerox spokesperson confirmed the Lexington-based company, Lexmark, would undergo additional layoffs as the companies' operations merge. ’s stock plunged 12% today after the printer maker announced plans to let go 15% of its workforce, which comprised more than 20,000 In a news release, the company said it would reduce its global staff, which included roughly 23,000 employees in 2022, and name a new leadership team. Xerox employees are navigating a volatile corporate landscape marked by layoffs, a lack of transparency, and financial instability. subsidiary, Xerox Business Xerox’s headcount trim is the first of the year among large technology players. Xerox aims to simplify its core products and increase investment in a partner-enabled go-to Xerox also went through a round of layoffs last year, targeting a 15% workforce reduction. announced it is laying off a portion of its workforce following the completion of its $1. This move coincides with prevailing expectations in the job market The layoffs will be subject to consultation with local works councils. Xerox layoffs will impact 15% of its workforce, or more than 3,000 employees, as part of a new operating model and organizational structure. While some blame employees for Xerox has begun cutting staff as it works through a merger with newly acquired Lexmark. Xerox reduced its workforce by 12% in 2022, by the end of which it had 20,500 employees. Last year, more than 1,100 tech companies carried out layoffs, impacting nearly Xerox Layoffs 2024: Xerox, a digital printing and document management technology company, plans to reduce its workforce by more than 3000 to Xerox has confirmed that it will be laying off around 15% of its workforce – a substantial figure even by the standards of the 2022-2023 layoffs season – equating to the loss of around 3,000 On Wednesday, Xerox announced restructuring plans that will involve eliminating 15% of its workforce during the first quarter of 2024. Xerox announced its Office document giant Xerox said Wednesday that it plans to lay off about 15% of its workforce while implementing what it is calling a new operating model. Xerox Restructures Sales Organization, Confirms New Layoffs by Kathleen Wirth · Published February 17, 2026 · Updated February 17, 2026 Xerox today announced a redesigned Xerox has announced it will reduce its workforce by 15% as part of an ongoing restructuring effort. Layoffs: Downsizing related discussion, postings, questions and answers. In a prepared statement, Xerox officials announced that they have began the process of informing affected employees as part of efforts to streamline the Xerox layoffs part of broader “Reinvention” The printing services company emphasised that the goal of its restructuring effort, first announced last October, The Layoff discussion - User says: ``Layoffs confirmed for October and next year Q1, 2 waves'' regarding Xerox Corp. Xerox announced on Wednesday that it is letting go of 15% of its workforce this quarter as it introduced a new organizational structure. on Thursday said it has tallied $51 million in restructuring costs during the first six months of the year, as it implements a plan [] Xerox Holdings Corp. In a statement, the US Xerox’s cuts come as the company announced a new operating model and organizational structure to further the company’s reinvention.


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