Bad Day ? Take it out on your Printers and Copiers

Xerox Tightens The Belt - Putting the Links in Storage for a Year

The big X isn't even sponsoring golf this year.

With earnings report out in a couple of weeks, Xerox is making news again as rumors of layoffs persist.

Xerox was one of the first companies to recognize the somber economic environment and took steps to address by offering 5% of its workforce separation packages - if not enough people take the package, forced layoffs may ensue.

Some of those layoffs could come before fourth quarter earnings are announced later this month.

Xerox is reportedly working on reducing its costs by $400 million, through consolidating manufacturing and other real estate.

In related news, after four years, Xerox allowed it's title-sponsorship contract at the Irondequoit Country Club to expire.(Apparently, there was no automatic renewal for another 30 days or 4 years)

The Xerox Classic will be taking at least a year off.

Don Jeffries of the Rochester Broadway Theater League, the tournament organizer, said,

"With the economic times the way they are, they(Xerox) just couldn't put up money to sponsor a tournament."

HP To Stop Selling in Iran - Power of The Press

The Globe Report get's a response:

In a statement released last Thursday, HP said, "Having recently examined the situation, we believe it's important to go beyond the letter of the law,"

HP is responding to an article published last week in the Boston Globe which "exposes" the company's practice of selling printers in Iran.

In reality, this is not the case.

HP provides its product to a distributor, Redington Gulf in Dubai who in turn sells to dealers all over the mid-east. No doubt some of the dealers are in Iran.

In addition to HP, Redington distributes Acer, Cisco, Linksys, APC, IBM, 3COM and many other technology products.

A statement posted on Redington Gulf website -

Holding Statement in response to the Boston Globe article

Redington Gulf is an authorized distributor and an authorized service provider in Middle East & Africa, for HP brand, amongst other brands of global repute. We sell authorized products, to HP authorized customers, in authorized territories, in line with HP’s policy guidelines.

Corporate Communications Team