Xerox European services cuts in more detail

I have been blogging since yesterday about Xerox Europe’s plans to cut costs in its services business.

The company has admitted that it is restructuring in Europe since this blog broke the story and I have been told a bit more from a couple of sources of mine.

There are currently lots of salespeople from Xerox’s European Services business looking for work as the company lets lots of them go. It is also making senior leaders redundant.

It seems things are tough in Europe and Xerox is not even looking at making new sales but wants to protect the business it has. And it wants to cut $300m costs globally with the European services business contributing savings of $18m.

If you are affected by the Xerox cuts please give me your thoughts.

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