by stefanie | Jan 4, 2024 | City News
Xerox Holdings Corporation announced a new operating model and organisational structure to further the company’s “Reinvention”, resulting in 15% workforce reduction. The company has redesigned and realigned its executive team to support the new operating model....
by stefanie | Jan 3, 2024 | Around the Industry
Xerox released a statement regarding a cybersecurity incident affecting its XBS subsidiary. Xerox confirmed that recently, its subsidiary, Xerox Business Solutions, experienced a security incident which was detected and contained by Xerox cybersecurity personnel. The...
by stefanie | Nov 30, 2023 | Around the Industry
Xerox announced it was named a leader in Quocirca’s new Sustainability Leaders Report 2023. This annual report analyses the print industry’s sustainability efforts and highlights organizations focusing on net zero, corporate sustainability and the offerings that...
by stefanie | Oct 26, 2023 | World Focus
Xerox’s vision is its evolution into a services-led, software-enabled provider of avant-garde workplace solutions. In the latest earnings call on 24th October, Xerox’s top brass, CEO Steve Bandrowczak and EVP & CFO Xavier Heiss unveiled their detailed...
by stefanie | Oct 25, 2023 | City News
The company has released its third quarter financial results, delivering growth in profitability and cashflow but revenue declines. In the third quarter 2023, Xerox reported revenues of $1.65 billion (€1.56 billion), down 5.7%. The company explained that the decline...
