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XEROX TO CUT MANAGERIAL AND PROFESSIONAL POSTS

Xerox Corp is to cut managerial and professional posts by 800 in its US marketing group, 675 at group headquarters in Rochester, New York, where 2,600 are employed, and the rest in the field, where it has another 27,500 people: the company hopes to achieve the cost-cutting measure by redeployment and avoid the need to make any redundancies.

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CBR Staff Writer

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