Xerox announced workforce reductions following the completion of its acquisition of Lexmark, the Lexington-based printer manufacturer. The cuts come as part of a broader plan to integrate operations, streamline processes, and eliminate redundancies between the two companies. In a statement, Xerox described the decision as “difficult but necessary” to ensure operational efficiency and strengthen the long-term position of the newly merged organization.
“These are difficult, but necessary decisions as we work to integrate our teams and optimize resources for long-term success under the new organization,” Xerox said. The company emphasized that all affected employees will be treated with dignity and respect throughout the transition.
Xerox has not disclosed how many positions will be eliminated or the specific timeline for the reductions. The acquisition of Lexmark was finalized recently, though financial terms were not released. The move marks a significant shift for Xerox as it consolidates its position in the global print and imaging technology market, combining two long-established industry brands with complementary portfolios and customer bases.
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