Monday, May 6, 2024
Lexmark Announces to Cut 1,000 Jobs
Originally published at WKYT.
Lexmark to lay off 1,000 employees as a part of restructuring
As WKYT reveals, Lexmark has announced a worldwide restructuring program which will result in hundreds of layoffs.
The Lexington company says it will eliminate approximately 1,000 positions as a result of the plan.
The company made the announcement Thursday, and it did not release information on how the layoffs would impact Lexington’s workforce.
A company spokesperson says the plan is necessary to ensure Lexmark’s future success.
It was expected dealers are not selling any Lexmark printers anymore.
Thats because of what happened with Apex policy of Lexmark chips.
Now they have been screwed twice as Universal imaging and many others offer this chips.
Anyways Canon and Kyocera are better for us dealers to sell. and here Israel no dealer is even think of
selling Lexmark anymore even if he will get the printers for free.
It seems that Apex destroys any company which bought by like SCC and now also Lexmark.
I have nothing against Lexmark and I feel sorrow for the workers who are about to lose their jobs.
The main issue is that its parent company Apex which is now Ninestar is a company that tries to enforce cartel in any company market she bought.
It started when they bought Static control components in order to shut down the competition for the after market toner and ink chips. As I know cause I used to work with them before SCC had the best quality products for toner and ink remanufacturing industry and since they bought them Apex started to sell cheap quality products in oredr to destroy the remanufacturing industry.
Thats cause they prefer to promote their clone toner and ink cartridges.
They either started to cause a deliberate shortage of chips in order to shut down the industry around the world while promoting the Chinese market of compatible clone toners.
This compay is acting like a thug. Ever since they bought Lexmark they try to promote only OEM toners for its printers.
So I ask how comes that a company which is one of the biggest theft of intellectual property is trying to enforce others to use only oem toners for its owned company printers while keeping violating other companies ip rights.
Never the less I hope you know that Ninestar had been marked by USITC as non reliable company for its shipping to the US.
This company caused me and many others around the world a massive dammage when they announced suddenly about two years ago that they are raising the price for Lexmark printers chips in 300 to 400 percent. Thats without any notice or change in production costs.
Right after that they just decided to stop selling any chips for this printers and said they decided to sell only oem toners for this machines.
As a result there were no alternative for this chips and I and many others had to find an alternative for managed print service contracts that had been closed on the base of cost per page that was calculated on the base of non oem toners.
I had to take back from my customers more than one thousand Lexmark printers and throwed them to ewaste trash.
The time I spent the frustration and the big cost of all this damage caused by Ninestar made me decide not to work anymore with any product related to this company.
As Israeli market is very small most of the dealers understand this and stopped selling Lexmark printers.
As for Static control components I found cheaper and better alternatives.
I offer to anyone who likes to do business with a reliable company to avoid from doing any business with them.