From the Lemark section of thelayoff.com (I feel bad for those folks knowing having their company go down the sewer)
Xerox will disband the Lexmark brand - it will no longer exist. My advice is start looking now and take your skills to a new business.
XRX does not have any resources. Remaining employees have no skills and cash is very low. Expect layoffs in each entity and acceleration of offshoring. The XRX SLT believes in a virtual company - the less employees the better. They are also reckless about who the let go so dont think your special skills will keep you employed.
I worked for Xerox for 25+ years, my advice to Lexmark employees is run away and do it fast.
Xerox will not be good for the Lexmark brand, customers or employees, get the heck out quick.
Any non customer facing employees will be let go. Xerox outsourced everything.
there will be layoffs and outsourcing to HCL. better plan your exit now
is this kinda like when two super old guys decide to be roommates and just hang out for the rest of their lives?