Lexmark International has exited the inkjet printer business and is laying off 1,700 people as part of a restructuring plan to improve profitability. Lexmark’s restructuring will result in job cuts ...
Lexmark on Tuesday said it will exit its inkjet printer business and cut 1,700 jobs around the world in a move to save roughly $95 million annually. The company, a former spin-off from IBM, is stuck ...
Does Lexmark’s exit from the inkjet printer business mean that inkjets are in trouble, or that Lexmark is in trouble? The answer would seem to skew toward the former. Lexmark has never been a top-tier ...
We recently heard about Sony exiting the PC Optical Drive market but shutting down Optiarc. Now we’ve learned Lexmark will be doing something similar with their Inkjet printer business. As part of the ...
Lexmark Inc. ( LXK) is reportedly selling its non-profitable inkjet business to Japan-based consumer electronics provider Funai Electric Co. for $100.0 million. The decision to divest its inkjet ...
Lexmark will be exiting the inkjet printer business, the company announced in a press release Tuesday. The cost-cutting measure will eliminate 1,700 jobs worldwide, and Lexmark will shut down an ...
Lexmark International has exited the inkjet printer business and is laying off 1,700 people as part of a restructuring plan to improve profitability. Lexmark’s restructuring will result in job cuts ...