By Felicity Ussher, 29 March 2000 14:49
NEWS Xerox is due to announce a major restructure by the end of this week. Job cuts, sell-offs and plant closures are all on the cards, US analysts told the Financial Times. Xerox suffered a 50 per cent drop in earnings last year. The US document management company announced in January that it would take a substantial restructuring charge this quarter, which ends on Friday 31 March. Xerox has a policy that means its staff will be the first to hear the details of any changes.
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