Xerox to Reduce Workforce 15% and Overhaul Working Mannequin

Xerox Holdings mentioned it will cut back its workforce by 15% and shake up its management group because it reorganizes its working mannequin.

The printer maker mentioned Wednesday that it had fashioned a worldwide business-services unit because it goals to stabilize its core print enterprise. Xerox additionally plans to extend its give attention to its rising information-technology and digital-services unit.