The new company will be led by current Xerox CEO Jeff Jacobson and is expected to generate at least $1.7 billion in cost savings by 2020, according to a news release.https://usat.ly/2E2Oksc
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Xerox employs about 36,000 globally. Before the merger announcement, Fujifilm said it planned to cut 10,000 jobs at Fuji Xerox, citing increasingly severe market conditions.https://usat.ly/2E2Oksc
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