by stefanie | May 23, 2019 | City News
Xerox announced that shareholders approved its proposal to adopt the merger agreement pursuant to which Xerox expects to implement a holding company reorganisation. Holders of approximately 99.7 percent of common shares present and voting at Xerox’s annual meeting,...
by stefanie | Apr 26, 2019 | Around the Industry
The OEM has cut 400 jobs in Q1, as well as leaving around 1,100 more positions unfilled. As ctpost reports, the 1,100 jobs which are currently unoccupied were “opened up” due to “employee attrition.” As a result, Xerox’s workforce dropped to 30,900 at the close of...
by Owen Collins | Apr 25, 2019 | City News
The OEM has published its consolidated results for Q1 of the current fiscal year, ended March 31, with a mixed picture emerging for the company. Xerox’s total revenue in Q1 was $2.2 billion (€1.97 billion), down from $2.43 billion (€2.18 billion) in the equivalent...
by stefanie | Apr 24, 2019 | Around the Industry
Xerox has announced the appointment of Naresh Shanker as Senior Vice President, Chief Technology Officer, effective 6 May 2019. He will report to John Visentin, Vice Chairman and CEO of Xerox, and will serve as a member of the company’s Executive Committee. “Naresh is...
by stefanie | Apr 24, 2019 | World Focus
Following the initial launch of the legal case in August 2017, in which five men were accused of defrauding Xerox, another man has now pleaded guilty to the charges. The five Florida men – David, Kyle and Jason Haynes, as well as Robert Lee Fisher and Bryan Day...
