Xerox company lays off more than 3 thousand employees

Xerox plans to lay off 15% of its workforce (3,075 people) due to changing the company's operating model. On Wednesday, January 4, Xerox Corporation announced that it will cut 15 percent of its workforce as part of a plan to implement a new organizational structure and operating model. The well-known company, which provides digital printing and document management technology, had about 20,500 employees as of December 31, 2022, according to information from the US Securities and Exchange Commission. Now, based on this figure, the layoffs will affect about 3075 employees. Xerox shares fell more than 12% after announcing this news. According to NBC's report, the company's restructuring plan includes streamlining products such as Xerox printers, which are their core business, increasing ... ..................................... Read more on our website: Xerox company lays off more than 3 thousand employees

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