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Xerox Cutting Jobs Worldwide

By: WROC-TV
Updated: November 13, 2012
Xerox has announced plan to cut over 2,000 jobs worldwide as part of its restructuring.

A total of 2,500 current workers will lose their jobs, but the company has not determined exactly when those pink slips will be issued. A local Xerox spokesman says the jobs on the chopping block are in the services business, which is mostly outside of Rochester.

Xerox predicts that the services business will come to amount to two-thirds of its revenue by 2017.

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