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Lexmark Annouces Major Job Cuts

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Posted 6:47 AM 8/28/2012 : Lexmark Restructuring Will Eliminate About 1,700 Jobs Worldwide

Lexmark announced major restructuring actions Tuesday, including ending development and manufacturing of the company's remaining inkjet hardware. The move will eliminate some 1,700 jobs worldwide.

Company officials say they expect the restructuring to result in yearly savings of $95

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