by stefanie | Aug 2, 2019 | Around the Industry
A mix of “attrition, layoffs and new outsourcing agreement” are at the root of about 4,500 jobs already being lost at Xerox in the first half of 2019. The Stamford Advocate reported that the global headcount at Xerox has been dropping below 28,000. Xerox’s HCL deal...
by stefanie | Jul 30, 2019 | City News
Xerox announced its second quarter results, delivering Increased cash flow, but records 8.8 percent decrease in revenue for the quarter compared to the same period in the previous year. Xerox reported total revenues for the quarter of $2.3 billion (€2.06 billion),...
by stefanie | Jul 29, 2019 | Around the Industry
Following the initial launch of the legal case in August 2017, four men were sentenced last week after the scope of the fraud case was lowered to $9.5 million (€8.53 million) instead of the initially thought $24 million (€21.57 million). In April this year five...
by stefanie | Jul 26, 2019 | City News
The OEM announced that it has received all required regulatory approvals for its proposed holding company reorganisation. As previously announced, the board of directors of Xerox unanimously approved the holding company reorganisation and Xerox shareholders adopted...
by stefanie | Jul 25, 2019 | Products and Technology
Xerox announced the launch of a suite of compact multifunction printers (MFPs) with WiFi Direct and mobile printing. Xerox announced a new series of three affordable print devices designed to enhance small office mobility, without compromising image quality, security...
