Xerox has completed its division into two separate companies: Xerox for digital print technology and and Conduent for business services. New Xerox CEO Jeff Jacobson says he’s confident this positions Xerox for long-term success. Members of the company’s executive team, employees and customers will ring the bell to open the New York Stock Exchange tomorrow […]
The Wall Street Journal quotes the new CEO of Xerox as saying the company will have to lay off more workers when it splits at the end of the month. Jeff Jacobson is currently Xerox President. He will become chief executive of Xerox after the contract services division spins off and becomes Conduent Corporation. Xerox […]
Xerox says its board of directors has approved plans for the company’s separation into Xerox for the printer and copier business, and Conduent for the business services company. On December 31st, Xerox stockholders will receive one share of Conduent for each five shares they own of Xerox as of December 15th. Shareholders don’t have to […]