Consolidation between two long-standing US manufacturers of printing systems is beginning to take its toll on the workforce. Xerox has confirmed that a reduction in its workforce is underway, following the integration of manufacturer Lexmark, whose acquisition was finalized last July for $1.5 billion.
In a statement relayed in several US publications, Xerox says: "These decisions are difficult, but necessary as we work to integrate our teams and optimize resources to ensure the long-term success of the new organization." However, no information has been provided on the number, location or timing of the job cuts.
Xerox and Lexmark, two complementary portfolios
The acquisition of Lexmark, announced at the end of 2024 and closing in summer 2025, is part of the repositioning strategy Xerox has been pursuing for several years. Historically focused on office printing, Xerox is seeking to adapt to an environment marked by the increasing digitization of workflows and the hybridization of business environments.
This shift is reflected in the gradual expansion of its portfolio towards managed print services (MPS), document software solutions and distributed infrastructures. By integrating Kentucky-based Lexmark, Xerox intends to reinforce this orientation with complementary offerings. In recent years, Lexmark has refocused on professional markets, gradually abandoning the consumer segment. The operation should enable the new entity to increase its competitiveness in higher value-added segments, while pooling redundant functions.
