Lexmark Restructuring Plan to Result in More Layoffs

Company restructuring is haunting Lexmark employees again, this time at its headquarters campus in Lexington, Kentucky, US.

According to a notice filed in the city, Lexmark plans to sack 143 employees effective May 25, and the layoffs will be permanent. Despite the announcement, the company claims it is not closing its Lexington offices. Lexmark, one of the city’s biggest employers currently employs 2,300 people.

According to Kevin Atkins, chief development officer for Mayor Jim Gray, the Mayor’s office has contacted Lexmark “offering to work with those employees affected.”

Since announced restricting action in August 2012, Lexmark has cut more than 1,000 jobs globally.

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