SHAME ON XEROX

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SHAME ON XEROX

 user 2009-10-02 at 2:20:47 pm Views: 68
  • #22541
    http://www.chron.com/disp/story.mpl/ap/business/6645230.html
    SHAME ON XEROX
    Xerox retirees sue in NY to halt health care cuts
     ROCHESTER,
    N.Y. — Xerox Corp. retirees are seeking a federal court order to halt
    cuts to their health care coverage.Ten former employees from upstate
    New York, Florida and Connecticut sued the office equipment company on
    behalf of thousands of colleagues hired before 1989.

    Based in
    Norwalk, Conn., Xerox said in September 2008 that up to a quarter of
    its retirees will be stripped of supplemental health care coverage
    beginning next year. The retirees claim that bid by the company to save
    $11 million annually violates long-standing promises of coverage for
    life.The company declined to comment on the lawsuit filed Tuesday in
    federal court in Rochester.On Monday, Xerox said it is buying
    Dallas-based outsourcer Affiliated Computer Services for about $6.4
    billion in cash and stock.