Lexmark to Cut Jobs as Core Businesses Grow but Revenue and Earnings Decline


On January 31, in announcing his firm’s financial results for the fourth quarter and fiscal 2011, Lexmark Chairman and CEO Paul Rooke deemed fiscal 2011 to be a “good year for Lexmark given the challenging global economic environment.” Highlights, he said, included record laser supplies revenue, a record gross profit margin, and strong operating income.

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