Tuesday August 28, 2012

Lexmark Inkjet Printers Run into Red Ink

Lexmark announced today that the company will be laying off 1700 employees and discontinuing its inkjet printer manufacturing. Lexmark will continue to manufacture its line of laser printers, focusing on enterprise and business sales rather than the home consumer market.

The layoffs represent around 13 percent of the company’s workforce, including 1,100 manufacturing jobs.