Fujifilm to jettison 10,000 jobs

Fujifilm to jettison 10,000 jobs

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...
A new frontier for Fuji Xerox

A new frontier for Fuji Xerox

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...
Xerox reveals positive Q4 2017

Xerox reveals positive Q4 2017

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.”...
Xerox, Fujifilm announce ‘The New Fuji Xerox’

Xerox, Fujifilm announce ‘The New Fuji Xerox’

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...
Xerox relocates employees to Webster

Xerox relocates employees to Webster

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...