Xerox to Disband the Lexmark Brand?
Xerox’s acquisition of Lexmark is set to bring a swift and uncertain end to the Lexmark brand. According to multiple reports from TheLayoff.com, Xerox plans to completely disband Lexmark, meaning it will no longer exist in any recognizable form.
This move has left many employees worried about their futures, as Xerox is reportedly struggling with limited resources and cash flow. Sources indicate that layoffs and outsourcing, particularly to companies like HCL, are imminent. With Xerox pushing for a “virtual company” model, non-customer-facing roles are expected to be the first on the chopping block.
