Xerox after failed Fuji merger , than layoffs now restructuring

 Following Xerox’s announcement last year of 900 layoffs worldwide. It has been reported that Pete Peterson, president of the Xerox Channels group, has left Xerox, and that several other leadership positions have been reorganized. In December , Xerox realigned its leadership into two groups: the Americas Operations and EMEA (Europe, Middle- East, Africa ). Xerox CEO John Visentin is said “ This will create a simpler, flatter, more agile organization that will help empower our people and make it easier to speed decisions into action on behalf of our customers, as well as create ways to work more productively.”

Jeff Jacobson removed by Carl Icahn

Activist Xerox investor Carl Icahn – who  was instrumental in derailing the Xerox-Fujifilm deal – has long been critical of Xerox management. In December 2017, Icahn wrote in a letter to the Xerox board that Xerox “desperately needs new leadership.”  Icahn has also written that Xerox needs to become more streamlined and efficient, so that Xerox is easier to do business with.