by stefanie | Feb 5, 2018 | World Focus
Needing to “overhaul” its photocopying business, the Japanese company has revealed it will be cutting 10,000 jobs at its Xerox joint venture. As Reuters reports, Fujifilm Holdings has announced that it will be cutting 10,000 jobs worldwide, explaining that “it needed...
by stefanie | Feb 2, 2018 | City News
According to the CEO of Fujifilm Holdings, the company’s well-documented acquisition of Xerox is a “game changer”. In an interview with the Nikkei Asian Review, Shigetaka Komori explained that the acquisition will allow Fujifilm to “develop products much faster at...
by stefanie | Feb 1, 2018 | City News
The OEM has reported a strong fourth quarter (2017) with financial results that “reflect meaningful improvements”. Xerox has announced its fourth-quarter 2017 financial results, which “reflect meaningful improvements in revenue, operating margin and earnings.”...
by Owen Collins | Jan 31, 2018 | City News
A “definitive agreement” has been announced by the two OEMs, despite recent shareholder dissent. After weeks of debate and speculation, Xerox and Fujifilm have today announced a “definitive agreement” to combine Xerox and their Fuji Xerox joint venture. In a press...
by stefanie | Jan 29, 2018 | Around the Industry
The OEM has made the decision to shift its employees from downtown Rochester to Webster. As the Rochester Democrat & Chronicle reports, Xerox revealed at the end of last week that it will be moving its employees from Xerox Square to the OEM’s Phillips Road campus...