Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Xerox's Revenue Falls On Lower Printer Sales


Ron Burgundy
 Share

Recommended Posts

Ursula Burns, chief executive officer of Xerox Corporation, takes part in a discussion during the Clinton Global Initiative's annual meeting in New YorkXerox Corp reported a 4.2 percent fall in quarterly revenue, hurt by lower sales of printers and copiers, and said it expects to incur about $100 million in restructuring costs in the second quarter. Xerox is focusing on its services business, which offers business process outsourcing and document outsourcing, as sales of printers and copiers, its mainstay for over half a century, have fallen for more than four years. The company said in February it would split into two companies, one holding its legacy printer operations and the other its business process outsourcing unit.




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share