Lexmark announces detailed restructuring plan: 1,700 layoffs, inkjet business to be nixed

It's always a sad day when news come in of hard-working folks losing their cherished jobs -- and, unfortunately, today's one of those dismal days. In a detailed press release, Lexmark's let it be known it'll be be undergoing a company-wide restructure, but with the main focus being the exiting of the outfit's inkjet hardware development and manufacturing -- which, in the end, should save the printer maker about $95 million per year once the plan has taken place. Naturally, this doesn't come without any repercussions, as Lexmark's announced these restructuring actions will see around 1,700 worldwide jobs be lost; 1,100 of which are manufacturing positions, and also include the closing of an inkjet supplies manufacturing plant in the Philippines. Needless to say, we can only hope Lexmark sees better days. For now, however, you can peruse over the company's official word in the presser located right past the break.Continue reading Lexmark announces detailed restructuring plan: 1,700 layoffs, inkjet business to be nixedFiled under: Misc, PeripheralsLexmark announces detailed restructuring plan: 1,700 layoffs, inkjet business to be nixed originally appeared on Engadget on Tue, 28 Aug 2012 15:52:00 EDT. Please see our terms for use of feeds.Permalink   |  Lexmark  | Email this | Commentsperfect coupons codes to obtain name buy cheap 2012 amazon perfect coupons codes to obtain otc tools otc222395 screw forcing buy cheap 2012 perfect coupons codes to price bondhus 7mm balldriver l wrench buy cheap 2012 am perfect coupons codes to putco 89891 polished stainless locker buy cheap 2012 am perfect coupons free for air nibbler by hymair 7038sg buy cheap 2012 amazon perfect coupons free for ohio steel curved folding ramps buy cheap 2012 amazon perfect coupons free to obtain gorilla automotive 90038 chrome thread buy cheap perfect coupons free to obtain schrader 28365 sensor toyota 1 pack buy cheap 201 perfect coupons in the mail for gold disc rolls stikit p240g buy cheap 2012 amaz perfect coupons in the mail for little giant parts washer pump buy cheap 2012 am perfect coupons in the mail for the acdelco d2287a switch assembly buy cheap 201 perfect coupons just for 3m 00951 hookit p1500 finishing buy cheap 2012 amazon perfect coupons on chrome thru2007 passenger keyhole tailgate buy cheap 2012 ama perfect coupons on extension tube high stand 1778a buy cheap 2012 amazon perfect coupons online for many wera zyklop 8 inch drive ratchet buy cheap 2012 perfect coupons on line for the cardone 16 4180s remanufactured brake caliper bu perfect coupons on line for the putco 403114 classic decorative without buy chea perfect coupons on line in 3m 02696 stikit p120a paper buy cheap 2012 amazon perfect coupons on line in 3m 02696 stikit p120a paper buy cheap 2012 amazon perfect coupons online over genuine 1028amz3283 hand brake lever buy cheap 2012 perfect coupons online over moog k90423 ball joint buy cheap 2012 amazon perfect coupons online printable for many otc 5213 performance 12 ton bottle buy perfect coupons online printable of acdelco d1407d switch assembly buy cheap 201 perfect coupons online to obtain four seasons 69511 bottle ice 32 buy cheap 2012 perfect coupons online to obtain moog k9507 pitman arm buy cheap 2012 amazon perfect coupons online to obtain tri electronics diamond wizard moissanite buy c perfect coupons online to professional 30 150 foot pound automatic adjustable bu perfect coupon source to obtain warn 68451 rock crawler bumper buy cheap 2012 am perfect coupon source to receive blt motorcycle 10x5 standard grade buy cheap 20 perfect coupon source to receive cardone 15 4254 remanufactured brake caliper bu