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Keyword: xeroxxeroxxeroxxerox

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  • Xerox will lay off 2,500 employees

    11/15/2012 8:45:32 PM PST · by knak · 26 replies
    WXXI news ^ | 11/14/12 | crichton
    Xerox announced today they will lay off 2,500 workers world wide. This comes as a result of the company taking a $100 million charge to enable restructuring in the fourth quarter. The majority of cuts will be in the service side of the Xerox business, despite a growth in this section for the company. Services now account for more than half of Xerox's revenue. Employment in Rochester is primarily centered on the technology side of the business, or the company's legacy side, Xeroc officials say. No details have been released on the impact of any reductions in the Rochester area.