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10,000 layoffs coming to Fuji Xerox [Seeking Alpha]

XEROX (XRX)  More Company Research Source: Seeking Alpha
Last xerox earnings: 1/31 03:00 am Check Earnings Report
PDF 10,000 layoffs coming to Fuji XeroxOverhauling its photocopying business amid a tough market environment, Japan's Fujifilm (OTCPK:FUJIY) iscutting 10,000 jobs at its joint venture with Xerox (NYSE:XRX) and will book ¥49B ($451M) in restructuring costs.Earlier, theWSJ reported that Xerox was nearing a deal with Fujifilm that would cede majority control of their joint entity, granting Xerox shareholders an implied premium for their stock and cash.Click to subscribe to real-time analytics on FUJIYNow read:Canon, Inc. 2017 Q4 - Results - Earnings Call Slides » [Read more]

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