Tuesday, August 28, 2012

Lexmark Eliminating Inkjet Printer Business

{Lexington, Kentucky}...Lexmark announced Tuesday that it is cutting 1,700 jobs and closing a Philippines inkjet supply plant. Lexmark says the company's move to eliminate its inkjet printer business will affect 550 workers in Lexington, where the company is based. Spokesman Jerry Grasso says the cuts will leave about 2,300 full-time employees in Lexington by the end of the year.