Lexmark to lay off 1,000 employees as a part of restructuring

gjacobse

LEXINGTON, Ky. (WKYT) - Lexmark has announced a worldwide restructuring program which will result in hundreds of layoffs.
The Lexington company says it will eliminate approximately 1,000 positions as a result of the plan. The company made the announcement Thursday, and it did not release information on how the layoffs would impact Lexington's workforce. A company spokesperson says the plan is necessary to ensure Lexmark's future success.

Lexmark is one of the big companies here in Lexington - so this is rather a big deal..

Ouch.

scottalanmiller

Lexmark is still around?

gjacobse

@scottalanmiller said in Lexmark to lay off 1,000 employees as a part of restructuring:

Lexmark is still around?

yes - they had for a while, a strong printer presence.. I'm pretty sure that the Dell printers are the Lexmark engine / body.

gjacobse

THey have already shut down the inkjet division I believe due to poor sales.

jmoore

@gjacobse Yeah I think your right about that

JaredBusch

@gjacobse said in Lexmark to lay off 1,000 employees as a part of restructuring:

@scottalanmiller said in Lexmark to lay off 1,000 employees as a part of restructuring:

Lexmark is still around?

yes - they had for a while, a strong printer presence.. I'm pretty sure that the Dell printers are the Lexmark engine / body.

They used ot be. No idea if they still are.

jt1001001

one of the rental car companies, can't remember which, was Lexmark printers everywhere. Enterprise maybe?