Thread regarding Lexmark International Inc. layoffs

Lexmark Layoffs 2016

What is the likelihood of Lexmark layoffs in Lexington in 2016? Please let me know if you have any information.

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Post ID: @OP+EjvFMI0

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News today says that there are 143 Lexington jobs slated to be permanently eliminated

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Post ID: @2fstp+EjvFMI0

Voluntary reduction announced today, runs through April.

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Post ID: @1clqx+EjvFMI0

Very likely. Voluntary program rumors to start soon and involuntary will follow that.

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Post ID: @1bbul+EjvFMI0

extremely high, they lay off every year for last five years, no reason to think 2016 would be different. Right sizing is the only way the management knows how to increase profits.

Upper management has made comment that they don't plan to replace people leaving Lexington, will increase headcount in Cebu to make up lost workers.

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Post ID: @Qtvr+EjvFMI0

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