I am a
long-time fan of, and subscriber to, Larry Hunt’s Newsletters
(“Color Copy News”, “High Speed
Copy News”, “Wide-Format News”)
In the intro
section in one of the newsletters this month, this note was included:
“Editor’s note: This significant merger was
announced as the newsletters went to press. There is a related story in this
month’s High Speed News that details the efforts of
two large Xerox investors to compel changes in Xerox management. It appears
these efforts have had an effect.
I also noticed press reports stating that at least 10,000 jobs will be eliminated
at the combined companies in the near future. It is not yet clear where
these job losses are to occur, and whether they are the result of this merger
or were already planned.
It will be interesting to see how this
combination will develop.”
Blog-publisher’s
comment:
Wow, 10,000 jobs being eliminated! A sign of the times.
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