Xerox to Split into two companies - layoffs expected
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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)
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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?
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@scottalanmiller Idk, they make plenty of headaches...
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That is bad... My brother-in-law works for them as does his mother (though she is supposed to retire in 2 years).
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Are they taking a play from the HP playbook?
