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    Xerox to Split into two companies - layoffs expected

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    • DustinB3403
      DustinB3403 last edited by

      http://www.cnbc.com/2016/01/29/xerox-to-split-into-2-publicly-traded-companies.html

      Announced only this morning the company is planning to split into two companies to save an estimated 2.4 billion over 3 years. (the saving is from local news reporters, not the article)

      1 Reply Last reply Reply Quote 1
      • scottalanmiller
        scottalanmiller last edited by

        I grew up within site of Xerox HQ back when Xerox Tower in Rochester was their home. Then recently I worked in their new headquarters, Xerox Tower in Connecticut, completely by coincidence. Since they left NY, who cares what they do ;) They don't really make anything that matters anymore, do they?

        NattNatt 1 Reply Last reply Reply Quote 1
        • NattNatt
          NattNatt @scottalanmiller last edited by

          @scottalanmiller Idk, they make plenty of headaches...

          1 Reply Last reply Reply Quote 2
          • Minion Queen
            Minion Queen last edited by

            That is bad... My brother-in-law works for them as does his mother (though she is supposed to retire in 2 years).

            1 Reply Last reply Reply Quote 0
            • Dashrender
              Dashrender last edited by

              Are they taking a play from the HP playbook?

              1 Reply Last reply Reply Quote 2
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