The Following Appears On Kentucky.Com

BY CHERYL TRUMAN – Lexmark is running a worldwide restructuring program that will result in 700 of its 10,000 worldwide employees being laid off over the next year, it announced Tuesday.

Lexmark’s Jerry Grasso said the action will work “to align company talent with our strategy to ensure future success.”

“We are not talking about any country or location specifically,” Grasso said.

About 2,300 people work for Lexmark in Lexington, Grasso said, the same number as last year.

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