Xerox cuts 15% of global workforce

Shares tumble after announcement

Penny Horwood
clock • 2 min read
Xerox cuts 15% of global workforce

It’s not the best start to 2024 for Xerox which also confirmed a cyberattack at its subsidiary XBS

Xerox announced yesterday that it would be removing 15% of its global workforce which amounts to approximately 3,000 redundancies.  The cuts will form part of a plan for "reinvention" of the com...

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Penny Horwood
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Penny Horwood

Associate Editor focusing on diversity in tech and sustainability content.

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