Xerox to cut 3000 jobs
Xerox will cut 3000 jobs, roughly 5% of its total workforce, over the next six months, after the company delivered lower-than-expected results in what its chief executive has described as a ``tough business environment''.
Washington, Sep 13 Bank of America said Monday that it will cut about 30,000 jobs over the next few years to slash costs, Xinhua reported.