Anne Mulcahy
![Anne Mulcahy](/assets/img/authors/unknown.jpg)
Anne Mulcahy
Anne M. Mulcahyis former chairperson and CEO of Xerox Corporation. She was named CEO of Xerox on August 1, 2001, and chairwoman on January 1, 2002. In addition to serving on the Xerox board, she has been a member of the boards of directors of Catalyst, Citigroup Inc., Fuji Xerox Co. Ltd. and Target Corporation...
equipment mix product sales shift stronger
Equipment sales were impacted by a more significant shift in product mix with stronger sales of lower-priced systems.
direct focus force research sales
direct sales force and the focus of our research and development investments.
accelerate building continue delivering drive efficiency improve momentum products services uncertain xerox
For Xerox to continue building momentum in this uncertain economy, we need to accelerate our drive to improve efficiency while delivering competitive products and services to our customers,
account actions activity additional balance billion fourth including jobs quarter reduction savings since taken third worldwide yield
We are aggressively implementing our cost-reduction plans, which will yield more than $1 billion in savings by the end of 2001, ... Since the third quarter of 2000, we have taken actions that account for more than one-third of this target, including the reduction of approximately 2,000 jobs worldwide in the fourth quarter. This activity will intensify with the reduction of 4,000 jobs in the first quarter and additional reductions through the balance of the year.