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Xerox CEO anticipates a cut of 3,000 employees worldwide in 2015

Wednesday, July 29, 2015

Xerox CEO and chairwoman Ursula Burns has announced that her company will be overseeing further restructuring in the latter half of 2015, which is likely to involve haemorrhaging 3,000 of Xerox’s 140,000 worldwide workers.

This reduction in headcount is expected to mainly impact the organisation’s services business, rather than alternative areas such as the document technology arm of the company.

The announcement has come after a second-quarter report displaying a seven per cent decline in overall revenues for Xerox.

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