Revenue Down for Fujifilm’s Quarter, but Forecasts ‘Record High’ Net Income
On August 8th, Fujifilm Holdings of Japan – which last year failed in a complicated merger deal to acquire Xerox......
Tagged: Xerox
Western Europe Printer/MFP Market Slows in Second Quarter
However, business inkjet shipments increased by 2.2 percent with particularly strong growth rates in some countries and in segments such as A3.
This Week in Imaging: Latest Financial Round-Up: Lower Sales, Profits
This was a significant week in the office-imaging industry, with multiple vendors reporting lower sales and profits, and warning of a slowing economy.
Xerox’s Job Eliminations Estimated at 4,500
Xerox’s global workforce is now estimated to be 28,000 employees, down from last year’s 35,000 employees.
Xerox Focusing on Growing Software, Services to Reverse Revenue Trajectory
Xerox expects that about a third of its XBS locations will begin offering IT services by the end of 2019.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
Sentencing in Xerox Toner-Fraud Case
The losses for Xerox were at first estimated to be $24 million, but were ultimately decided to be about $9.5 million.
Xerox Receives Green Light for Holding-Company Reorganization
On July 25th, Xerox announced that it had received all required regulatory approvals for its proposed holding-company reorganization. As previously...
This Week in Imaging: Toner Wars, Clover, Canon, More
The aftermarket printer-supplies wars continued this week, with the Daily Monitor reporting that Ughandan government authorities confiscated five tons of...
New Budget-Friendly A4 Models from Xerox with WiFi, Mobile Printing
Designed for budget-conscious small and home offices, Xerox today introduced three new lower-priced A4 models.
It’s Official: EFI Acquired by Siris Capital
Electronics For Imaging (EFI) reported today that its acquisition by private-equity firm Siris Capital has been completed, with Siris purchasing...
This Week in Imaging: Hacker Swipes Data from Entire COUNTRY
While breathtaking stories such as this tend to get the headlines, many enterprises still don’t see the security risks inherent in today’s printers and MFPs.
Xerox Awarded Multi-Year Workplace-Services Contract
Xerox reported today that it’s been awarded a multi-year, multi-million dollar contract administered by the Executive Office of Technology Services...
Moody’s Downgrades Clover Technologies’ Debt Rating
On July 11th, Moody’s Investors Service downgraded its ratings for 4L Technologies Inc., the parent company of Clover Technologies, to......
Tight Job Market, High Turnover Concerns for Copier-Industry Sales Managers
Among the findings of a new 2019 survey is that building a copier sales team has become more challenging because of a tight labor market and high turnover.
This Week in Imaging: Tariff Watch
According to Bloomberg, the United States may be willing to suspend the next round of tariffs on an additional $300...
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