21 August 2019
Xerox Staff Down by 4,500
Xerox getting smaller
Xerox getting smaller
 It has been estimated that approximately 4,500 job have been eliminated so far this year at Xerox. The eliminations came through  attrition, layoffs, and a new outsourcing agreement. The outsourcing agreement announced in March with HCL of New Delhi, India, could cost up to 6000 jobs.
John Visentin CEO
John Visentin CEO
.Xerox’s world wide  workforce is now estimated to be about  28,000 , down from last year’s 35,000 employees. In 2016, it was reported that Xerox’s world wide  workforce was about  144,000 employees.
Xerox scrapped a  deal last year to merge with  Fujifilm  after it ran into strong opposition from activist investors Carl Icahn .Since then, Xerox has  streamline its operation  under the new management led by CEO john Visentin, . 
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