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Lexmark to Cut 1,700 Jobs, 550 In Lexington

LEXINGTON, Ky.  Lexmark is cutting 1,700 jobs and says it will stop making inkjet printers as part of a drive to cut costs.

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Lexmark To Axe 500 Jobs

Lexmark shares tumbled 23 percent Tuesday on news that quarterly earnings are down from the same period last year. And the company’s ongoing restructuring will mean another 500 pink slips for employees.

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Lexmark Tight-Lipped On "Strategic Alternatives"

Lexington-based printing and enterprise software company Lexmark International is exploring what it calls “strategic alternatives” to increase value for shareholders. Some media outlets are speculating...

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