Xerox set to reduce its workforce after acquiring the company Lexmark

ROCHESTER, N.Y. — Xerox is reducing its workforce as part of its merger with the company Lexmark, a Xerox spokesperson confirmed.

Xerox acquired Lexmark, a Kentucky-based imaging and laser printing company, in July at a $1.5 billion valuation. In a statement, Xerox said it has begun notifying employees about workforce reductions as it integrates with the new company.

Xerox sent out the following letter to employees:

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