Xerox Cuts 1,255 Jobs in 2026 as Lexmark Integration Continues
Xerox eliminated 1,255 positions during the first half of 2026 and 475 jobs in the second quarter as it integrates Lexmark and restructures operations. The company recorded $68 million in restructuring and related costs in the first half. Revenue rose 24% year over year in the second quarter to $1.92 billion, but Xerox posted a net income of $13 million and a first-half net loss of $92 million.