Xerox to lay off more than 3,000 employees: All the details
Xerox to lay off more than 3,000 employees: All the details
Xerox announced layoffs of 15% of its workforce as it adopts a new operational model in 2024. The company plans to target a 15 percent reduction in this quarter. The layoffs will be subject to consultation with local works councils. Xerox aims to simplify its core products and increase investment in a partner-enabled go-to-market model. The CEO stated that the new model aligns resources in three key areas: core print business improvement, Global Business Services organization formation, and revenue diversification execution.
Xerox announced layoffs of 15% of its workforce as it adopts a new operational model in 2024. The company plans to target a 15 percent reduction in this quarter. The layoffs will be subject to consultation with local works councils. Xerox aims to simplify its core products and increase investment in a partner-enabled go-to-market model. The CEO stated that the new model aligns resources in three key areas: core print business improvement, Global Business Services organization formation, and revenue diversification execution.
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Xerox announced layoffs of 15% of its workforce as it adopts a new operational model in 2024. The company plans to target a 15 percent reduction in this quarter. The layoffs will be subject to consultation with local works councils. Xerox aims to simplify its core products and increase investment in a partner-enabled go-to-market model. The CEO stated that the new model aligns resources in three key areas: core print business improvement, Global Business Services organization formation, and revenue diversification execution. 
