3 January 2024
Xerox Laying Off 15% Of Staff
ROCHESTER , NY—
Allies becomes competitors, now having to compete with Fujifilm
Allies becomes competitors, now having to compete with Fujifilm
 Xerox said it is adopting a new operating model and organizational structure aimed at boosting its core print business, while also forming a new business services unit. CEO Steven Bandrowczak said in a statement that the shift will enhance the company's ability to efficiently bring products and services to market, labeling the strategic pivot at Xerox a "reinvention." Xerox has 20,000 employees world wide. Xerox is reorganizing its leadership. John Bruno, president and chief operating officer at Xerox, will lead the enterprise. 
Xerox will be notably absent from Drupa in 2024
Xerox will be notably absent from Drupa in 2024
   The Xero's decades long joint venture Fuji-Xerox, came to an end in 2019 after Fujifilm’s bid to acquire Xerox was thwarted. Xerox sold its 3D manufacturing business division to ADDiTEC last August. The company also pulled out of Drupa 2024 in September and FujiFilm has taken some of abandon space.This followed its donation of PARC to SRI International and the sale of the Xerox Research Center of Canada to Myant Capital Partners earlier this year.
 
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Brian says:
So basically Xerox will no longer design or make any equipment and they have stopped all research an...
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