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Xerox Cuts 1,255 Jobs in 2026 as Lexmark Integration Continues

Xerox logoXerox
Sig3.25Sen-4.90Env0.00Soc-4.60Gov-1.20

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.

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