XRX - Why Xerox Stock Tanked Today | Benzinga
Xerox Holdings Corporation (NASDAQ: XRX) shares traded lower on Wednesday after the company announced a 15% workforce reduction.
What To Know: In the process of deploying its new operating model, Xerox announced that it will be targeting a 15% workforce reduction.
The workforce reduction is part of the company's new operating model and organizational structure which aims to advance its Reinvention.
Xerox also outlined the three key priorities and intended outcomes of the Reinvention, pertaining to the company's ...