Xerox says it’s leaving the Xerox Tower in downtown Rochester and moving hundreds of employees to the Phillips Road campus in Webster. Xerox says there won’t be any layoffs because of this move. The company says consolidating will save money and get the company out of leased space downtown and into offices the company owns […]
The first and third biggest shareholders in Xerox have teamed up and want the document company to explore a potential sale. The Wall Street Journal quotes “sources familiar with the matter” in its story that says billionaires Carl Icahn and Darwin Deason have formed an alliance to demand changes at Xerox. Together, they control 15 […]
Now nine months into the corporate split between Xerox and Conduent, Xerox Corporation is reporting lower total revenues but also lower operating costs and higher cash flow than expected for the third quarter. Xerox says total revenues were $2.5 billion for the company which spun off its business services division at the start of the […]