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Xerox proposes buyout plans for employees after announced layoffs | News

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Xerox proposes buyout plans for employees after announced layoffs
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Xerox is hoping to avoid layoffs by offering some U.S. employees a buyout package. This is part of a restructuring plan announced at the end of last year.

Xerox won't say how many employees will be eligible for the buyout but those who are have until the middle of June to apply.

Those who get approved would leave the company by June 29th. Xerox announced layoffs in February of 2012.

It is also adding jobs at a new call center in Webster that is set to open in October.

The company reported a drop in first quarter profit just last week.

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