More Xerox layoffs surfaced at the printer company on Thursday. The latest round involved employees at Xerox offices near Rochester, New York, according to multiple reports from local media.The cuts apparently involved management positions rather than unionized employees in manufacturing. It's unclear whether the cuts extended beyond the Rochester region. Xerox did not comment on the cuts and the number of positions impacted.This the company's second round of layoffs this year. Earlier, Xerox eliminated 900 positions worldwide in its Q3 2018. Xerox's revenue was $2.35 billion in that quarter, down 5.8 percent from the Q3 2017. Also, the company's net income was $93 million, down from $182 million in Q3 2017.Xerox changed CEOs in May 2018 after abandoning an M&A plan with FujiFilm. Xerox and FujiFilm have since been locked in a legal battle about the scrapped deal's ultimate fate. HP Inc. is cutting 3,000 to 4,000 positions from fiscal 2017 through fiscal 2019. Lexmark International will experience about 1,000 layoffs in 2018. Ricoh earlier this year apparently trimmed 1,000 management positions in Europe; and additional cuts surfaced earlier this month.
Security Staff Acquisition & Development, Content
Xerox Layoffs 2018 Part 2: More Printer Company Staff Cuts

Related Events
You can skip this ad in 5 seconds