Xerox Unit To Lay Off 96 in Charlotte N.C.

[Anonymous]

Xerox Unit To Lay Off 96 in Charlotte N.C.
A services division of Xerox Corp. is closing a Charlotte operation that processes financial transactions at a cost of 96 jobs.ACS Financial Solutions Group plans to end the jobs March 2.

Most of the employees work part-time and process transactions for a single large client. A spokesman says the client recently merged with a company that does such work inhouse. As a result, the work done in Charlotte will be assumed by the merged companies.

The spokesman declined to identify the client. Its location is far from Charlotte, so local workers aren’t likely to transfer to the client’s operations.“It just didn’t make sense geographically,” he says.The ACS unit is housed at 2701 Westport Road in west Charlotte.

http://contentmanagement.cbronline.com/news/xerox-buys-canadas-mps-provider-lasernetworks-060112
Xerox buys Canada’s LaserNetworks
MPS providerLaserNetworks will operate as a wholly-owned subsidiary of Xerox Canada

Business process and document management Xerox has acquired managed print services (MPS) provider LaserNetworks.LaserNetworks provides MPS offerings that include print device tracking, centralised service and supply management and document routing and helps businesses cut costs and reduce the time employees spend on print-related activities.

Under the agreement, LaserNetworks will operate as a wholly-owned subsidiary of Xerox Canada with LaserNetworks founder and CEO Chris Stoate continuing to lead the company, reporting to Xerox Canada president and CEO Mandy Shapansky.

Shapansky said the acquisition of LaserNetworks expands Xerox’s services footprint in Canada, enhancing Xerox’s capabilities and distancing it from competitors."It is further evidence of Xerox’s transformation into a services-led, technology-driven company," said Shapansky.

LaserNetworks founder and CEO Chris Stoate said by becoming part of such an esteemed company with well respected industry leadership, LaserNetworks exponentially increases its ability to deliver more customer value."We’re combining our collective industry expertise and innovative technologies to help our clients take full advantage of the benefits managed print services bring to their workplaces," said Stoate.

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January 10, 2012 at 8:01 AM