Norwalk, Conn. —  

February 29, 2024 — As shared last month, Xerox is implementing a new operating model and streamlining our organizational structure to align with the evolving needs of our clients and the modern workplace landscape. Today we began employee notifications related to our previously announced workforce reduction measures as part of these strategic reorganization efforts. These are difficult, but necessary decisions to meet our Reinvention commitment. We firmly believe our revamped operating model will drive operational efficiencies, both for our clients and within Xerox, and will set our business up for long-term success and sustainability in an ever-changing market environment. We are committed to treating all affected employees with dignity and respect and are providing transition services. 

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About Xerox Holdings Corporation (NASDAQ: XRX)   

For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally-driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work. Learn more at and explore our commitment to diversity and inclusion.