Lexmark today said it will exit its inkjet printer business and cut 1,700 jobs around the world in a move to save roughly $95 million annually. The company, a former spinoff from IBM, is stuck in a ...

Lexmark on Tuesday said it will exit its inkjet printer business and cut 1,700 jobs around the world in a move to save roughly $95 million annually. The company, a former spin-off from IBM, is stuck ...

What does a printing company do when it doesn’t make printers anymore? Lexmark has just announced that it will stop making Inkjet printers, and lay off about 1,700 people in the process. It’s no ...

Lexmark International has exited the inkjet printer business and is laying off 1,700 people as part of a restructuring plan to improve profitability. Lexmark’s restructuring will result in job cuts ...

Printer specialist Lexmark International Inc. (NYSE: LXK) said it will fire 1,700 employees, mainly in the Philippines, as part of strategy to exit its aging inkjet printer business. Although the ...

Lexmark has announced that it is withdrawing from the inkjet printer market as part of an ongoing cost-cutting strategy. The IBM derivative is looking to save around $95 million (£60m) a year in a ...

In 2012, Lexmark announced it would save US$95 million a year by ceasing to develop and sell inkjet hardware, and by closing its inkjet supplies factory in the Philippines. At the time company ...

Lexmark’s announcement earlier today that it will stop making inkjet printers shocked me. I’ve been testing and reviewing printers for as long as Lexmark has been in the inkjet printer business–almost ...

Lexmark today announced it would retreat from the inkjet printer business to focus on laser printers, document imaging software and document management services. The US based firm will stop inkjet ...

Credit-market investors are treating Lexmark International Inc. (NYSE: LXK) like a junk-bond issuer as the maker of laser and inkjet printers for businesses struggles to sell its equipment in an ...

Does Lexmark’s exit from the inkjet printer business mean that inkjets are in trouble, or that Lexmark is in trouble? The answer would seem to skew toward the former. Lexmark has never been a top-tier ...

Preparing for a major launch of new inkjet printers next month, Lexington-based Lexmark International recently took a look back before looking ahead. Later this week marks the 15th anniversary of the ...