Saturday, July 24, 2021

Lexmark Exiting Inkjet Printer Business, to Lay off 1,700

PCWorld: Lexmark has announced that it is getting out of the inkjet printer business. The major restructuring effort will result in 1,700 layoffs, including the elimination of 1,100 manufacturing jobs. The company will continue to offer support and services for its existing installed base.

Lexmark plans to focus instead on consumer and enterprise products that offer higher margins, such as multifunction printers, managed print services, content management and other software products. The company may sell its inkjet technology.

Similar articles

Latest Articles

Data Science Market Trends...

When famed mathematician John W. Tukey postulated that advanced computing would have a profound effect on data analysis, he probably didn’t imagine the full...

Data Recovery Market Trends...

Data recovery is more important than ever in this era of constant cyber attacks and ransomware. The Verizon Data Breach Investigations Report (DBIR) looked...

Trends in Data Visualization

In a world of big data, visualization is becoming a key skill set that every business must master.  Digital technology has transformed the way businesses...

Microsoft Data Portfolio Review

With a host of analytics services for almost any situation, Microsoft Azure’s data services have got just about every base covered.   In the world...