The Latest Breaking News from Xerox

The business said it will have a workforce of 11 by the end of this year

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Minuteman Press shut its premises in 2021 after large swathes of the business were destoyed

From cyberspace to AI, Steven Lisberger’s 1982 sci-fi classic was way ahead of its time. The team behind it explain how they made a game-changer

The CEO helped the company move beyond analog equipment and into the digital age

Xerox Holdings Corp (NASDAQ:XRX) CEO John Visentin abruptly passed away on June 29 due to complications from an ongoing illness. Since joining Xerox in May 2018, John has been known for his "One Boat, One Team" call to action and mentality. COO Steve Bandrowczak will serve as interim CEO.  Xerox registered a first-quarter FY22 sales…

Stock futures slump as rate hike 'pain' tames bulls; PCE inflation easing may come with a price; RH shares tumble after cutting 2022 sales forecast; Xerox CEO John Visentin dies at 59 and Grayscale sues SEC after bitcoin ETF rejection.

Musk says Tesla will reduce its salaried workforce by 10% in the next three months, while growing the number of hourly employees.

Although US stocks closed higher on Monday, there were a few notable insider trades.

Xerox Holdings Corp  (NASDAQ:XRX) reported a first-quarter FY22 sales decline of 2.5% year-on-year to $1.67 billion, beating the consensus of $1.64 billion. Equipment sales declined 17.6%, while Post sale revenue improved 1.9%. Sales in the Americas declined 0.5% Y/Y, and EMEA fell 5.6%. Gross margin contracted 390 basis points Y/Y to 31.8%. The…

As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover.