Xerox shares slide after cutting 15% of its workforce
By Jordan Valinsky, CNN New York (CNN) — 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 manufacturing office equipment like printers and copiers, announced the changes on Wednesday. Xerox has about 20,500 global
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