Xerox announced a reduction in its dividend today. It's the second dividend cut since December 2024. The reason cited was "increased flexibility" ahead of Xerox's upcoming acquisition of Lexmark. The ...
Xerox will lay off 15% of its workforce as the struggling digital printing company moves to cut costs and jump-start growth. In announcing the cuts, Xerox said Wednesday that it is adopting a new ...
Xerox is slashing 15% of its workforce, amounting to roughly 3,000 jobs, in a “reinvention” plan that encompasses a new organizational structure and operating model. The company, best known for ...
NORWALK, Conn. & LEXINGTON, Ky.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia ...
Xerox (NASDAQ:XRX) just dropped a bombshellit's buying Lexmark International in a $1.5 billion deal that's set to reshape the print and managed services industry. This deal, expected to close in late ...
Xerox beat on sales in Q4, but those sales still fell steeply from last year. Earnings suffered a bad miss, and free cash flow was less than promised. Xerox predicts sales will grow, but free cash ...